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Tag: foreign exchange

News

CBN introduces Electronic Foreign Exchange Matching System for enhanced transparency

The Central Bank of Nigeria (CBN) has unveiled a new Electronic Foreign Exchange Matching System (EFEMS). This will enhance transparency and governance in the ...
By ITEdgeNewsOctober 4, 20240
MTN
News

Nigeria’s FOREX snags: MTN records N740b loss

Nigeria’s foreign exchange difficulties have significantly impacted MTN Nigeria Plc, as evidenced by its audited results for the year ending December 31, 2023. ...
By ITEdgeNewsMarch 1, 20240
MTN
News

Foreign exchange losses impact on MTN Nigeria Q3 2023 revenue

MTN Nigeria Communications Plc (MTN Nigeria) has announced its unaudited results for the nine months ended 30 September 2023 indicating that strong revenue ...
By ITEdgeNewsOctober 31, 20230
MTN
News

CBN in talks with MTN Nigeria, assures investors of friendly environment

By Chinedu James The Central Bank of Nigeria (CBN) has assured investors of the country’s open policy to partnership and the provision of ...
By ITEdgeNewsSeptember 25, 20180
Nigeria grows active subscription by 005% as market expands for operators
News

Nigeria grows active telecoms subscription by 005% as market expands for operators

By Oluwatobi Opusunju Nigeria mobile market subscription is growing despite concerns over ARPU (average revenue per user) and sourcing of foreign exchange (FOREX) ...
By ITEdgeNewsOctober 25, 20170

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GISEC GLOBAL _5Th–7Th May 2026

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