Forex Weekly Outlook October 31-November 4 The US economy recorded its fastest growth rate in two years in the third quarter, expanding at a 2.9 percent...
Bureau De Change Operators Tasks Nigerians On Patrotism Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), on Friday urged Nigerians to...
U.K.’s Economy Grows More than Expected After Brexit The U.K.’s economy grew better than expected in the third quarter, after the country’s decision to leave the...
Naira Slides to N470 Against the Dollar The Nigerian Naira slid to N470 against the US dollar on Wednesday, following reduced forex supply in the market....
Australia’s Inflation Accelerates in Third Quarter Australia’s inflation rose more than expected in the third quarter of the year, sending the currency up half a U.S....
Forex Weekly Outlook October 24-28 The US dollar strengthened last week after the European Central Bank cleared speculation that the institution will commence tapering soon, boosting...
Canadian Dollar Falls to 7-Month Low Retail Sales Unexpectedly Decline The Canadian dollar fell to the weakest level since March after retail sales unexpectedly dropped in August...
Mario Draghi signaled the European Central Bank probably won’t stop its quantitative-easing program without tapering it first, indicating that the stimulus is likely to run past...
Dollar Scarcity: Demand Overwhelms Travelex Dollar scarcity has been linked to the inability of Travelex, the sole dollar distributor appointed by the Central Bank of Nigeria...
Naira Inches to N280 Per US Dollar The Nigerian currency, the Naira is inching towards the N280 to the dollar opening rate at the Financial Markets...