5 Richest Forex traders in Nigeria
Forex trading has become one of the most popular methods of gaining wealth in Nigeria, which is populated with a dynamic and educated youth, a burgeoning middle class, and access
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Onyema Oscar under fire, as lawsuit, investment loss, poor earnings trail NGX Group
The Nigerian Exchange Group (NGX) seems to be falling like a pack of cards under Oscar Onyema, and his 11 years leading the company is being called to question over
Read MoreNGX sanctions Notore Chemical Industries as company battles to stay afloat
The Nigerian Exchange Limited (NGX) has sanctioned Notore Chemical Industries and 12 other companies for failing to file their financial statements after the regulatory due date, THE WITNESS reports. According to the
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Naira value rises at exchange markets as EFCC continues traders’ arrests
On Wednesday, the Nigerian currency, the Naira, recorded a slight gain against the dollar at the official and parallel section of the foreign exchange (forex) markets. Bureaux De Change operators
Read MoreHow Naira Trades Mixed Against Dollar at I&E, P2P, Black Market
Naira moved in different directions at the various segments of the foreign exchange (FX) market on Tuesday, gaining points at the peer-to-peer (P2P) and the black market and then losing
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Naira’s free fall continues, currency collapses to N658 per dollar
The Nigerian naira has continued its free fall, sinking further to N658 against the U.S. dollar at the parallel market, according to data from Aboki Forex. The Nigerian currency which
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Scarcity of bread looms as bakers vow to shut down operations
Nigerians may have to contend with bread scarcity as the Association of Master Bakers and Caterers of Nigeria has issued a two-week ultimatum to the federal government to address various
Read MoreNaira Gains 0.74% on Dollar at Spot Market
Naira returned from the Sallah break (Monday and Tuesday) on Wednesday, July 13 stronger against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange market
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Market turnover increased by 40 per cent in Q2
July 4,2022 Following improved liquidity in the country’s bourse, both local and foreign investors traded N485.4 billion value of equities in the second quarter (Q2) of the year. This is
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