Forex: ABCON develops web portal to enhance price discovery
Association of Bureaux De Change Operators of Nigeria (ABCON) said that its live exchange rate engine room, www.naijabdcs.com, was developed to promote transparency and price discovery in the foreign exchange market.
Forex rate convergence imminent
THE steady appreciation of the naira in the Nigeria Autonomous Foreign Exchange (NAFEX) window, also known as Investors & Exporters window will persist this week, with the NAFEX rate falling to N360 per dollar. Meanwhile, volume of transactions in the NAFEX window reached $2.5 billion last week from $2.2 billion two weeks ago.
Investors & Exporters forex window sustaining rally in stocks — ASHON boss
The Chairman, Association of Issuing Houses of Nigeria, ASHON, Chief Patrick Ezeagu, in this interview with Financial Vanguard, spoke on monetary and fiscal policies affecting the stock market, forth coming capital market summit and how government’s patronage, among others can boost the Nigerian capital market
Economist wants FG to fix oil sector to curtail high demand for FOREX
An Economist, Mr Titus Okuroumu, has appealed to the Federal Government to urgently fix the challenges in the oil and gas sector to curtail high demand for Foreign Exchange (FOREX).
CBN releases list of 36 items valid for access to forex
The Central Bank of Nigeria yesterday released list of 36 items valid for access to foreign exchange in the foreign exchange market. In a circular to all banks and the general public yesterday the CBN said that the list of the 36 items valid was released to clarify misconceptions about details of the 41 items banned from accessing dollars in the foreign exchange market.
Stop playing politics with forex, monetary policy, Soludo tells CBN
Former Governor of Central Bank of Nigeria, CBN, Professor Chukwuma Soludo, yesterday, said the current leadership of the apex bank should stop playing politics with foreign exchange and monetary policy.
