The solution will enhance the supervisory role of Nigeria’s regulators over the FX market, the CBN is the fifth Central Bank in Africa to use Thomson Reuters.
Read moreData from Thomson Reuters on Friday showed that two large sales were done at 198.50 naira to the dollar, totalling $40.8 million. Trading on Nigeria's FX market was delayed until after 10 a.m. (0900 GMT) on Friday to allow dealers to submit demand for dollars to the central bank
Read moreNigeria has caught the interest of many retail FX companies recently as an emerging market with an eager potential client base. Blackwell Global's Research Analyst Alex Gurr details the landscape surrounding Nigeria's sovereign currency
Read moreAlpari realizes the importance of seminars and FX training courses in Nigeria, releases timetable hosting daily courses at Abuja office
Read moreLeapRate goes into detail with ACM Gold CEO Irfan Pardesi and Tradable CEO Jannick Malling on the entire business strategy for taking the Tradable platform into continental Africa, spearheading the platform technology revolution in an increasingly important region
Read moreCyprus continues to maintain its status as a hub for retail FX brokers, as HiwayFX gains its CySec license, aiming its services at clients in Nigeria, South Africa, Malaysia, Indonesia and Mexico
Read moreNigeria, a seemingly unlikely destination for retail FX firms, has attracted many retail companies to set up business in the region, however Forex Time is restructuring its operations, having closed one office and transferred its staff to two other facilities in the African nation
Read more