Naira Falls to N1465/$ in Black Market as Demand Pressure Persists
The Naira weakened to N1465/$ in Nigeria’s black market on Monday, November 17, 2025, as strong dollar demand and limited ...
Tag: forex
The Microsecond Race: Why Serious Traders Are Moving to Low Latency VPS Services
Forex trading has entered the microsecond era. Learn why latency, not logic, now defines profitability, and how low latency VPS ...
Top Trades for 2025: Predictions, Pitfalls, and Profitable Moves
While we wade through another great year, some of us are wondering what the smartest trades and investment strategies in ...
Maintaining Liquidity: CBN Sells $122.67 Million to 46 Authorized Forex Dealers
The Central Bank of Nigeria (CBN) has sold about $122.67 million to 46 authorized dealers as part of its efforts ...
Forex: Naira Closes At N1,520.40/$1 at the Parallel Market
Naira on Tuesday, crashes further to N1,520.40/$1 as against N1,478.11/$1 posted in the previous session on Monday, data published by ...
Forex: CBN to Sell $10,000 to BDCs at N1,021/$
The Central Bank of Nigeria (CBN), has resumed the sales of dollars to Bureau De Change operators (BDCs). According to ...
CBN Forex Clearance Claims: Where Does the Truth Lie?
It is becoming abundantly necessary, pertinent, and important for the Central Bank of Nigeria, (CBN), to be more explicit and ...
Forex: Cardoso Confirms CBN Owing Five Banks
Dr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has said that foreign exchange (forex) backlogs have ...
Forex Crisis: $26 billion Passed through Binance Nigeria in 12 months – Cardoso
Dr. Olayemi Cardoso, Nigeria’s Central Bank Governor, has stated that about $26 billion passed through Binance Nigeria in the last ...
Forex Now a Major Challenge to SMEs in the 80% Import-based Medical Lab and Equipment Business – Adegbenga Ismail
Adegbenga Ismail Dare is the Chief Executive Officer of Lakelink Medical and Laboratory Limited. The company specializes in medical laboratory ...
Again, CBN Adjusts Forex Rate for Cargo Clearance to N1515.09/$
Reporter: Tobi Adetunji The Central Bank of Nigeria (CBN) has raised the forex rate for the clearance of goods from ...
Forex: Banks to Implement FIRS’ Directive on eTransfer Levies Deduction From 2021
By January 31, 2024 Deposit Money Banks (DMBs) across the country will begin the deduction of outstanding Electronic Money Transfer ...
FG Expecting $10bn Inflow to Clear Forex Backlog
President Bola Tinubu has reassured the investment community in Nigeria that there is an ongoing plan to boost the country’s ...
Nigeria’s Foreign Exchange Reforms Expected to Boost Capital Importation in 2023
As a result of recent foreign exchange management reforms by the Nigerian government, analysts at Afrinvest have projected a base ...
Lagos Under Scrutiny: EFCC Grapples with 512,876 Petitions, N317b Investment Scams
Nigeria's largest economy, Lagos is under scrutiny after the Economic and Financial Crimes Commission (EFCC) revealed that it is currently ...