The Bank of Ghana (BoG) is set to inject up to $1 billion into the market in November under its revised Foreign Exchange Market Intermediation Programme.
Small Scale Business Importers and Exporters Association has appealed to the new administration to prioritise addressing foreign exchange scarcity, describing it as the backbone of the country’s ...
In February 2024, the apex bank announced the resumption of forex sales to the BDCs following the revocation of operational licenses of over 4,173 of these licensed currency traders over their failure ...
The British pound sterling continued to maintain a strong lead over the Nigerian currency, the Naira. Reports from multiple market trackers on Wednesday, November 5, 2025, showed black-market rates ...
Investopedia reviewed the top forex brokers based on their regulatory oversight, ease of use, costs, and more. Here are the ...
NDTV Profit on MSN
Forex Reserves Drop $6.9 Billion to $695.35 Billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units ...
The yen was down against the dollar but likely to recover in coming months on the prospect of another BOJ interest-rate rise.
Foreign investors have committed $822.6 million into the economy through the Nigerian Autonomous Foreign Exchange Market (NAFEM) window. The NAFEM is the market trading segment for investors, ...
Foreign exchange trading may sound like a world far removed from African streets and town squares, yet its impact reaches ...
The Nigerian currency, the naira, is a on a surge, rising for seven consecutive days in the official foreign exchange market ...
The Punch on MSN
CBN denies selling $1.2bn forex to oil firms
The Central Bank of Nigeria has denied claims that it disbursed $1.259bn to oil sector operators, clarifying that the funds ...
A law and consumer rights advocate, James Braimah, analyses the legal basis for forex trading in parallel market. The Foreign Exchange Market is primarily a trade in currencies. Buyers and Sellers ...
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