MBA, Fintec, AFX UK moves to deepen Forex Market in Nigeria
Leading foreign investment firm, MBA Forex International, its partners AFX Group UK and Fintec Global Markets have partnered to deepen the forex market in giving a robust platform, security of funds and get the naira quoted in the forex market.
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.
CBN boosts Forex market with $195m
The Central Bank of Nigeria (CBN) on Monday boosted the Foreign Exchange (FOREX) market by 195 million dollars intervention in three segments of the market.
