forex

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  1. R

    ETERNA BLAMES N9BN LOSS ON FOREX CRISIS

    Key Takeaways: - Forex Crisis Impact: Eterna Plc's Chairman, Gabriel Ogbechie, revealed that the company incurred a N9.4 billion loss due to the foreign exchange crisis in 2023. - Operating Profit Increase: Despite the loss, Eterna reported an operating profit of N7.8 billion, marking a 143%...
  2. Amazin Zion

    Forex Liquidity Decline To 21-month Low

    As international investors remain cautious, inflows through the Investors and Exporters window (I&E) fell by 65.7% month on month in July. According to FMDQ data, foreign exchange inflows into the I&E end of the market fell from $1.77 billion in June to $608.00 million in July, the lowest level...
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