Forex: I&E window records $29.6bn turnover in H1’19
THE volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market dropped marginally to $29.62 billion in the first half of 2019 (H1’19).
Forex: Bankers Committee cancels commission on BTA, PTA, others
The Bankers Committee yesterday decided that banks should no longer charge commission on foreign exchange transactions for Business Travel Allowance (BTA), Personal Travel Allowance (PTA), payment of medical bills and school fees.
I & E forex window attracts $17.86bn transaction value in 6 months
The Investors & Exporter, I &E Foreign Exchange, FX Window has attracted $17.86 billion transactions value since April this year when it was introduced, according to data from the FMDQ OTC Securities Exchange Plc.
Forex restrictions, counterfeiting affecting our business – BIC
LIGHTERS & Shavers BIC West Africa said foreign exchange restrictions placed on some items by the Central Bank of Nigeria (CBN) along with product counterfeiting have negatively impacted on the company’s operations.
Forex: CBN to sanction erring banks
By Emma Ujah, Abuja Bureau Chief and Peter Egwuatu
Nigeria’s forex inflow hits $1.79bn in Q2 ’17 — NBS
THE National Bureau of Statistics (NBS) has estimated total value of capital imported into Nigeria in the second quarter of 2017 at $1.79 billion. Capital importation denotes inflow of foreign currency into the country in cash or goods by investors or lenders.
