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Beware! That ‘Torex Trading’ may be a Scam

Forex Trading  may be a scam ? Anyone who can consistently make 7.5% a month will be the richest person in the world in...

Daily Parallel Market Exchange Rate – ₦440/$1

The exchange rate between the naira and the US dollar for today (Thursday, September 3rd 2020), stands at ₦440/US$1 in the parallel market. The...

CBN pumps $50 million To test FX market

On Monday, the Central bank of Nigeria, CBN pumped in $50 million into the FX market in a bid to test demand and supply...

Why currency traders are now buying U.S dollars

Currency traders were relatively bullish in trading the US dollars at London’s trading session on Tuesday. Many currency traders believe that the U.S dollar...