Deposit Money Banks have said that they were directed by the Central Bank of Nigeria (CBN) to freely trade the naira against the dollar and other international currencies. On the back drop of this, naira trades at N730 to N755 per dollar at the Investors and Exporters (I&E) window on Wednesday. Although CBN is yet to release […]
The Central Bank of Nigeria has notified all authorised dealers and the general public of immediate changes to operations in the Nigerian Foreign Exchange (FX) Market. In a circular available on the website of the apex bank, the changes announced by CBN include: Source: CBN announces changes to operations in FX market – StocksWatch (stocksng.com)
Transactions on the floor of the Nigerian Stock Exchange on Tuesday closed on a positive note, recovering from the last three straight loses as the All Share Index advanced by 3.99% to settle at 58,163.59 points from the previous close of 55,930.97 points. Market Capitalisation rose to N31.670 trillion from the previous close of N30.455 trillion, which[…]