Deutsche Bank to Pay $205 mln to Settle NY Currency Rigging Charges Deutsche Bank AG has agreed to pay a fine of $205 million for violations...
UK Manufacturing Production Falls at Fastest Rate in 6 Years Manufacturing production in the world’s fifth-largest economy U.K. contracted in April at the fastest rate in...
CBN Set to Begin Chinese Currency Sale Following the currency swap deal signed last month with the People’s Bank of China last month, the Central Bank...
External Reserves Fall by $169m in Six Days The nation’s foreign exchange reserves fell by $169m to $47.436bn on Wednesday, the latest data from the Central...
Banks to Adopt N360/$ Rate for 2018 Results Commercial banks are expected to adopt N360/$ exchange rate in reporting their 2018 financial results, a report from...
European Shares Jump Into June as Italy Reaches Government Deal European shares breathed a sigh of relief on Friday with Italian stocks supported after a deal...
Investors Transact $1.7b at I&E Window Transactions at the nation’s autonomous foreign exchange market- the Investors and Exporters (I&E) Window, hit a record $1.7 billion in...
Nigeria Records $24.7bn Forex Inflow in Three Months The Nigerian economy recorded a total foreign exchange inflow of $24.71bn, figures obtained from the Central Bank of...
OTC Trade Settlement: CBN Orders Banks to Pledge N1bn The Central Bank of Nigeria has ordered the pledge of N1bn worth of government or the CBN...
U.S. First-quarter Growth Revised a Touch Lower U.S. economic growth slowed slightly more than initially thought in the first quarter amid downward revisions to inventory investment...