The Central Bank of Nigeria on Tuesday raised interest rates to lure investors to the economy. The Monetary policy rate (MPR) was increased from 12 percent to...
Asian stocks rose on Monday as investors await policy meetings by the Federal Reserve and Bank of Japan this week. The weaker yen sent Japanese Topix...
The US dollar continued its gains during the Asia session as speculation the Federal Reserve will leave rates unchanged intensifies. “We expect the Fed to keep...
The US economy last week led global financial markets with a series of positive economic data that further confirmed the economy is growing. The housing starts...
The Nigerian Naira on Thursday weakened to an all-time low of N330.50 against the US dollar, following the Central Bank decision to abandon fix exchange rate....
The U.S labor market continued its improvement last week, after data showed the number of people filing for jobless claims dropped to three-months low. Jobless claims...
The European Central Bank left benchmark rate unchanged at zero percent. The Governing Council of the European Central Bank left interest rate on the main refinancing...
UK retail sales suffer their biggest fall in six months, reflecting low consumer spending prior to the June 23 referendum vote. The volume of goods sold...
The yen and Kiwi fell to their lowest levels in almost two months as speculation the two countries planned to increase economic stimulus gain momentum. According...
Indian state-owned refineries are beginning to abandon risky Nigerian crude oil for Malaysian crude. Bharat Petroleum Corporation Limited on Monday issued a spot tender to purchase...