FX forward, futures contracts surge amid naira devaluation
The demand for foreign exchange forward and futures contracts surged this week as the naira saw a significant decline against
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Money
Nigerian banks ‘satisfactorily healthy and safe’: Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has again given banks in the country a clean
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FX futures contracts gain ground on naira weakness
As the naira weakened further against the dollar this week, more users of foreign exchange turned to futures contracts as
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More firms tap futures contracts as naira dips further against dollar
The value of FX futures contracts traded this week between banks and their clients jumped more than eightfold as the
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Naira ends lower as FX market turnover drops 21%: FMDQ
The naira weakened further against the dollar this week on the official market as the turnover for trades between banks
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FX futures contracts surge, signal expectation of naira devaluation
As the Nigerian currency continued to wobble against the dollar, the demand for foreign exchange futures contracts soared more than
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Nigeria emerges 5th most interested country in Bitcoin
Nigeria is the fifth country most obsessed with Bitcoin, a new study has shown. It is the only African country
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CBN orders banks to pay new naira notes over the counter
The Central Bank of Nigeria (CBN) has directed deposit money banks to commence the payment of the redesigned naira notes
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Ecobank named best place to work in Africa
Ecobank Group announced on Monday that it has won the ‘Best Place to Work in Africa 2022 Award’ from the
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Old naira: 10-day extension “grossly inadequate”, says CPPE
The extension of the deadline for the expiration of old naira notes to February 10, 2023 is “grossly inadequate,” the
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