Stakeholders Urge CBN to Liberalise Forex Market Stakeholders in the financial services industry have urged the Central Bank of Nigeria (CBN) to liberalise the foreign exchange...
Naira Weakens Against Dollar as CBN Maintains Benchmark Rate The Naira on Tuesday weakened against the dollar few hours after the CBN maintained its benchmark interest...
CBN Cannot Meet Forex Needs as Monthly Demand Hits $4.8b The Central Bank of Nigeria (CBN) has said it cannot meet the country’s monthly demand for...
Naira Appreciates at Interbank Market The Naira on Monday gained 50k to exchange at N305.00 to a dollar at the interbank market. The Nigerian currency had...
Pound Gains The most in Three Months The pound rose the most in more than three months as Prime Minister Theresa May acknowledged calls from Britain’s...
Yuan Falls to Eight-Year Low as Central Bank Cuts Reference Rate The yuan dropped to its lowest level in more than eight years as the central...
Last week, I had technical issues. So this week I am going to give an overview of the financial market post-election. Since Donald Trump emerged the...
Yellen Says Interest Rate Hike Could Come ‘Relatively Soon’ Federal Reserve Chair Janet Yellen signaled the U.S. central bank is close to lifting interest rates as...
FMDQ Suspends Publication of Interbank FX Closing Spot Rate Considering the liquidity challenges and prevalent disequilibrium currently facing the Nigerian Foreign Exchange (FX) market, the FMDQ...
‘FG’s Monetary Policies killing Capital Market’ The current monetary policies of the Federal Government are militating against the growth of the capital market, according to an...