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...
CBN Report Outlines Banks’ Deposit, Lending Rates The Central Bank of Nigeria (CBN) has made public, the deposit and lending rates obtainable in commercial and merchant...
Euro Falls to 10-month Low After Italy Debt Selloff The euro fell on Tuesday to a 10-month low after a selloff in Italy’s debt market drove...
Italian Bonds Suffer Worst Day in More Than 25 Years A deepening political crisis in Italy, the euro zone’s third biggest economy, fuelled a selloff in...
Worsening Italian Crisis Batters European Markets A worsening political crisis in Italy provoked a second day of selling on European markets, with the euro cut to...
Emefiele Warns Banks Against Selling Dollar Above N360 The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Monday warned banks against selling dollars...
Naira Devaluation Unlikely Before Elections —Analysts Analysts at FBNQuest Capital Limited have said that the monetary authorities are unlikely to devalue the naira or unify the...
