Mohammed ElKuwaiz, Chairman of the Capital Market Authority (CMA), said foreign investments in the Saudi exchange exceeded ...

Rising tariff risks, a potential Sputnik moment in tech and looming holidays have left hedge funds and other currency traders ...

The value of the naira improved against the US dollar in the foreign exchange market after the Central Bank of Nigeria ...

Following the directives, banks had been offering remittance dollar rates between Tk121.50 and Tk122. However, the growing pressure from overdue import payments has led to intense competition among ...

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct, ...

The FX Code is backed by the CBN Act of 2007 and the Banks and Other Financial Institutions Act (BOFIA) of 2020, which provide a robust legal framework for imposing sanctions on violators. Cardoso ...

The Central Bank of Nigeria has announced that it is ready to commence repayment of all forex backlogs. The apex bank also ...

The Central Bank of Nigeria (CBN) on Tuesday in Abuja launched the Nigeria Foreign Exchange (FX) Code, designed ...

The Nigerian currency at the unofficial market maintained its face value at the second trading session of the week. Currency ...

The Central Bank of Nigeria (CBN) has announced the waiver of the 2025 non-refundable annual license renewal fee for Bureau De Change (BDC) operators.

The Central Bank of Nigeria (CBN) has released a new Foreign Exchange (FX) Code aimed at enhancing liquidity, transparency and ...

The decision builds on earlier initiatives, including allowing foreign residents to invest in the stock market, permitting qualified foreign institutions to invest in listed securities, and enabling ...