The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct in the foreign exchange market. The launch of the code is part of a series ...

Data from FMDQ has shown that total foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) rose by 53.3% to $4.74 billion in January from $3.09 billion in December, 2024 ...

Currency investing is a well-established corner of institutional investing that has the potential to provide stable returns.

The FX Code, therefore, serves as an official directive that all market participants are expected to observe in their operations. As part of compliance requirements, market participants must conduct a ...

Bitcoin, Ethereum Drop on Donald Trump’s Latest Tariff Threats — Key Points to Watch This Weekabout 2 hours ago Dax Index News: US Tariffs and Inflation Risks Pressure German Stocks ...

Traders further noted that the upcoming Union Budget will play a crucial role in shaping market sentiment and the rupee's trajectory. At the interbank foreign exchange, the rupee opened at 86.31 and ...

Beijing has announced new market access updates, signaling China’s significant opening of its economy to foreign investment across multiple sectors, including services such as healthcare and ...

Forex market hours are the specified periods when traders and investors can conduct transactions in the foreign exchange market. The forex market is open five and a half days a week due to an ...

By Edward Wong Reporting from Washington A sudden and sweeping halt to U.S. foreign aid by the Trump administration does not apply to weapons support to Israel and Egypt and emergency food ...

Part of that fine-tuning will involve deciding what to sell, and to whom. While some retailers sell lots of products and services to a broader market, others focus on more specific categories or ...

which then had knock-on effects that sent the entire stock market tumbling. A foreign premium represents the opposite of a forward discount: it occurs when the forward exchange rate for a currency ...

a move aimed at fostering ethical conduct and transparency within the nation’s foreign exchange market. In a statement on the apex bank’s website, it disclosed that the Code, which will serve as a ...