FX market

Cadbury Nigeria Plc and Nigerian Breweries Plc, two multinational companies, have announced a net loss of N183.4 billion on foreign exchange transactions in the 2023 financial year, becoming victims of the Central Bank of Nigeria (CBN)…

The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe has said that the Naira is regaining strength against the dollar in the forex Market owing to the dollar injection and the mop-up of the…

…Overnight (OVN) Rate Settles at 10.33%   GBOLABO AFUWAPE  The Central bank of Nigeria (CBN) will on Wednesday hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on behalf of the Federal Government of Nigeria (FGN) to the tune…

Financial Market Dealers Quotations (FMDQ) OTC Securities Exchange has disclosed that transactions in the foreign exchange market settled at $13.86 billion in October, a decrease of 1.23 per cent or $0.17 billion from $14.04 billion…