forex Archives | Page 15 of 15

Nigeria’s foreign reserves fall by $940million

Nigeria’s foreign exchange reserves have fallen by $940 million (N185 billion), a 2.97 percent from what was obtainable in August, the Central Bank has confirmed. The reserves now stand at

No more devaluation of the naira, says Buhari

President Muhamadu Buhari has assured Nigerians and the international community that the country’s official currency, naira, will not be further devalued. The naira, which was devalued in November 2015 to 168 against

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FXTM to hold ‘largest’ forex event in Nigeria

International broker ForexTime (FXTM) has announced its latest online trading and investment conference, which will hold in Lagos from August 14 to August 15 and Abuja, August 19 to August

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Nigeria’s foreign reserves rise to $30bn

Latest data from the Central Bank of Nigeria indicates that foreign exchange reserves rose to $30.69 billion in July, an increment of 5.6 percent from $29.03 billion in June. However,

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