Power Firms Want Forex at Official Rate Power firms should be given preferential treatment with respect to foreign exchange, which is needed to procure equipment such...
Naira Appreciates as Manufacturers Lament Forex Scarcity The Nigerian Naira appreciated against the US dollar on the parallel market on Monday, even as the report of...
Nigerians in Diaspora Remit N23.5tr to Economy in Five Years In five years, Nigerians in the diaspora remitted to the Nigerian economy S77.06 billion (about N23.5...
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...
