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 ...

There is no doubt that the foreign exchange market is the heartbeat of Nigeria’s economic and business growth, and there is a need to equip it with the necessary tools to perform optimally. One of ...

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 ...

Asset manager Bernstein reports that the market remains pessimistic about the Department of Government Efficiency (DOGE) ...

The introduction of the FX Code comes at a time when Nigeria’s foreign exchange market has faced serious challenges. These include speculative trading, price manipulation, and concerns over market ...

The euro dipped following German regional inflation data, and the Federal Reserve held rates steady. These developments left global investors wary, as currency markets adapted to a volatile ...

Over the last two days, data has shown that the value of the naira has increased on all foreign currency markets This follows the CBN’s announcement that it will soon begin to settle the $7 billion in ...

Investing.com -- The global currency markets are preparing for potential fluctuations as the deadline for U.S. tariff hikes on Canada and Mexico approaches. The Canadian dollar is particularly ...

Uganda is among the top 10 countries with easy access to foreign exchange, according to a report by Absa. In details contained in the Absa Africa Financial Markets Index 2024, Uganda is seventh ...

Revenue: The company expects full-year constant currency revenue growth of at least ... on TheFly – the ultimate source for real-time, market-moving breaking financial news.