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Category : Search result: spreads forex
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Traders Fair 2026 in Lagos: Free Registration Open
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
CBN's $250M Intervention Lifts Naira in Forex Market
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
JustMarkets Boost Contest Offers Gold Prizes to Traders
Global broker JustMarkets launches the Boost Contest, a trading competition with weekly draws and real gold rewards. Open to all clients until January 31, 2026. Join now!
Naira Drops to N1,454/$1 Amid Festive Dollar Demand
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.
EFCC Returns N96.5m to Ponzi Scheme Victims
The EFCC has recovered and returned N96.5 million to victims of a forex Ponzi scheme in Enugu. Learn how the fraud operated and the commission's warning to investors.
Naira Falls as CBN Releases New FX Rate, Gap Widens
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
Naira Depreciates as FX Gap Between Official, Parallel Markets Widens
Fresh instability hits Nigeria's forex market as the naira weakens on the parallel market, widening the gap with official rates despite rising external reserves. Get the latest data and analysis.
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Traders Fair 2026 Set to Ignite Lagos Finance
Nigeria's largest trading event, Traders Fair 2026, is coming to Lagos on April 10, 2026. Join for expert seminars, networking, and a chance to win prizes. Register now!
Naira Strengthens to N1,441/$ Amid CBN Policy Hold
Naira appreciates to N1,441/$ following CBN's decision to maintain MPR at 27%. Analysis of monetary policy impacts on currency stability and inflation control. Read more.
IUX Brokerage Grows 68%, Enhances Client Protection
IUX brokerage reports explosive 68% quarterly growth to $541B in trading volume. Discover their risk management safeguards including negative balance protection and segregated funds for Nigerian traders.
IUX Trading Volumes Jump 68% Amid Rapid Growth
IUX broker reports 68% quarterly growth to $541B. Explore how their negative balance protection, zero stop-out, and segregated funds safeguard Nigerian traders in volatile markets.
Naira Exchange Rate: CBN Sets N1,453/$ Amid $250M Injection
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
CBN Injects $50m to Stabilize Naira Amid Dollar Demand
The Central Bank of Nigeria has intervened with $50 million forex injection to stabilize the naira as currency volatility continues. Learn how this affects Nigeria's economy.
Naira gains as external reserves reach $43.4 billion
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Smart Nigerian Forex Traders Avoid Cash Settlements
Discover why Nigerian forex traders are protecting positions with risk management instead of cash settlements. Learn strategies for sustainable trading success in Nigeria's volatile market.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
GTBank Raises Naira Card Dollar Limit to $6,000
GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.
Naira Exchange Rate Stable Amid FX Reserve Growth
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
Order Flow Analysis: Boost Forex Entry Timing in Nigeria
Discover how Nigerian forex traders are using order flow analysis to pinpoint perfect entry points and maximize profits in volatile markets. Learn practical strategies for better trading decisions.
VPS Forex Trading: Nigeria's 2025 Game Changer
Discover how Virtual Private Servers are revolutionizing Forex trading in Nigeria - boosting speed, security, and profits for traders across Lagos, Abuja, and beyond.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
CBN Policy Updates: Essential Guide for Nigerian Forex Traders
Discover why Nigerian forex traders are closely monitoring CBN policy updates and how these decisions directly impact currency volatility, trading strategies, and profit opportunities in the volatile Naira market.
Master Forex Trading in Nigeria: Tools & Tips
Discover the must-have tools and expert strategies Nigerian traders are using to dominate the forex market. Learn how to build a profitable trading career with our comprehensive guide.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Naira Crashes, Stocks Drop After Trump Victory
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Naira Hits 2025 High as Reserves Surge - Economic Boost
Nigeria's currency surges to strongest position this year while foreign reserves climb significantly, signaling robust economic recovery under CBN's strategic reforms.
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