FOREX

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H1’22: Forex transactions in I & E  rises 95% to $20.2bn

H1’22: Forex transactions in I & E  rises 95% to $20.2bn

.External reserves fall 3.3% to N39.15bn  .Concerns as Naira depreciates by 2.8% By Babajide Komolafe, Economy Editor & Elizabeth Adegbesan The volume of dollars traded (turnover) in the official foreign exchange market, also known as the Investors and Exporters (I&E) window  rose by 95 per cent, year-on-year (YoY) to $20.23 billion in the first half of […]

Solid VPS for Forex trading

Solid VPS for Forex trading

Perhaps you’re new to the Forex trading scene and heard one of your expert buddies suggest using VPS for conducting trades? Maybe you’re tired of interrupted connections and clunky performance on your good old PC and need a better solution? So, what exactly is VPS? How does it benefit your Forex trading? So many questions, […]

FOREX: Turnover in I&E jumps 64% to $2.13bn

FOREX: Turnover in I&E jumps 64% to $2.13bn

•Declines 33.8% M-o-M, records significant depreciation By Elizabeth Adegbesan The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian Foreign Exchange Market rose sharply by 63.8 per cent, year-on-year (YoY) to $2.13 billion in February 2022 from $1.3 billion in February 2021. However, on a monthly basis, turnover fell […]

Forex: Turnover in I & E rises 152% to $2.16bn in January

Forex: Turnover in I & E rises 152% to $2.16bn in January

The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market rose sharply by 152 per cent, Year-on-Year (YoY), to $2.16 billion in January 2022 from $906.44 million in January   2021.