exchange rates Solutions toHedge your forex risk Get theRight risk management strategies from experts Features FX Spot A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for settlement in two business days. ...
Omolara, A.C (2010), Foreign exchange market and monetary management in Nigeria, Journal of Emerging Trends in Economics and Management sciences 1 (2)102-106Campbell, O. A (2010). Foreign exchange market and monetary management in Nigeria, Journal of Emerging Trends in Economics and Management...
The Central Bank of Nigeria (CBN) has tinkered with the country’s exchange rate, and in the process, unified the previous various exchange rates From March 27 ,2020 in a statement from the CBN, International Money Transfer Service Operators (IMTSOs) will sell to the banks at 37...
The management of foreign exchange in Nigeria has come a long way from the days of the military regimes when exchange rates were determined by military fiat up till now when there appears to be some semblance of stability in the value of the Naira. It is, however, a matter of regret that...
(2011), Foreign Exchange Reserves and Exchange Rates in Nigeria. Structural Breaks, Unit Roots and Cointegration tests, Journal of Social and Economic Development. pp 1-6Olayungbo, D. O., & Akinbobola, T. O. (2011). Foreign Exchange Reserves and Exchange Rates in Nigeria. Structural Breaks...
There’s no updated information to prove whether Nigeria’s official $34bn of reserves exists. Lack of transparency surrounding Nigeria’s foreign-currency reserves means that optimism on an economic turnaround is misplaced, BancTrust & Co.’s Ayodeji Dawodu tells The Africa Report. ...
Nigeria has a stock market, allowing access to long-term capital. To obtain and maintain an NSE listing, your company will need to meet the prescribed requirements set out in the stock exchange listing rules. This includes company disclosure and reporting requirements. ...
This article examines the effect of exchange rate volatility and inflation uncertainty on foreign direct investment in Nigeria. The investigation covers the period between 1970 and 2005. Exchange rate volatility and inflation uncertainty were estimated u
Adetayo J.O; E A DioncoAdatayo and B Olalejo (2004) "Management of Foreign Exchange Risks In A Selected Commercial Bank In Nigeria" Journal Of Social Sciences, 8 (3) Pp 207-213J.O. Adetayo,E.A. Dionco Adetayo,B. Oladejo.Management of Foreign Exchange Risks in a Selected Commercial ...
The foreign exchange market in Nigeria has always been much in contention as to its inefficiency and consequent impact on various sectors of the economy. This study therefore assessed the efficiency of the foreign exchange market in Nigeria, and by extension, test whether the past exchange rate af...