Governor of Central Bank of Nigeria, Mr Godwin Emefiele, said on Monday that more items would come under the bank’s policy of restricting official foreign exchange for importation. He also said the forex restriction to importers applied to food items that could be produced in Nigeria and not a total […]

The Nigerian equity market is offering long-term investors opportunities to invest as most of the stock prices have declined significantly below their opening values, Naijaxtreme’s investigation has revealed. Naijaxtreme checks showed that the bear run in the stock market, which has depressed the benchmark Nigerian Stock Exchange (NSE) All-Share Index […]

The Retail Secondary Market Intervention Sales on Friday received a boost of $280.04m from the Central Bank of Nigeria. It also injected CNY 28.3m in the spot and short-tenored forwards segment of the inter-bank foreign market. A statement from the Director, Corporate Communications Department, Isaac Okorafor, said the latest interventions […]

Looking For More?