Dollar Purchases Raise Interbank Rate to 14.5% The nation’s overnight lending rate has risen by 2.5 percentage points after the Central Bank of Nigeria debited bank...
Forex Weekly Outlook April 10-14 The US economy added fewer jobs in March than projected, adding just 98,000 people to the payroll but the unemployment rate...
Naira Slides to 405/$ Amid Tight Dollar Supply The naira slid to 405 against the United States dollar on the parallel market on Friday amid tight...
Russian Ruble Tumbles After U.S. Syria Strikes as Politics Eclipse Carry Russia’s ruble fell the most among emerging-market currencies on Friday and the nation’s borrowing costs...
CBN Releases $100m, Naira Rises to 397/$ The Central Bank of Nigeria on Thursday offered $100m in currency forwards, to be settled within 60 days, currency...
Yen Rises, Stocks Pare Gains After Strike on Syria Stocks pared gains and the yen surged after the U.S. launched an attack on Syria. Gold jumped...
Stocks Drop, Euro Wobbles on Central Bank Outlooks Central banks were the dominant theme for markets on Thursday, with European stocks tracking declines in Asia and...
CBN Holds Forex Auction for Airlines, Fuel Marketers The Central Bank of Nigeria (CBN) yesterday conducted special dollar auction sale to fuel marketers, manufacturers and airlines...
Naira Gains on Fresh Dollar Supply, Now 390/dollar The naira recorded a gain against the United States dollar on the parallel market on Tuesday, a day...
RBA’s Lowe Lashes Out at Australian Banks for Risky Home Lending Australia’s central bank Governor Philip Lowe rebuked the nation’s banks over lax lending practices and...
