Financial Market Dealers Association of Nigeria (FMDA)

Ecobank Nigeria Limited, Guaranty Trust Bank Limited, Rand Merchant Bank, Coronation Merchant Bank, and FMDQ Group have emerged as top sponsors of the 2021 Financial Markets Dealers…

The Financial Market Dealers Association of Nigeria (FMDA) has kicked against move by the Chartered Institute of Stockbrokers (CIS) and four other professional bodies to float the Chartered…

Wrapping up a monetary policy speech last week, Nigerian central bank governor Godwin Emefiele declared that the naira, which has crumpled to 190 to the dollar with the drop in oil prices,…

The upward review of banks’ foreign exchange for trading, the Net Open Position, (NOP) from 0.1 to 0.5 by the Central Bank of Nigeria (CBN) Wednesday, may improve the liquidity position of…

Naira on Wednesday depreciated by N1.00k/$ or 0.5 percent against the US dollar at the inter-bank foreign exchange market in spite of $173.6 million sale by the Central Bank of Nigeria…