COVID19: CBN Plans Over N3.5trn Stimulus Package The Central Bank of Nigeria (CBN) on Saturday announced series of stimulus packages to reduce the impacts of the...
NSE Depreciates by 2.35% Last Week as COVID-19 Spreads The Nigerian Stock Exchange (NSE) depreciated further last week as market sentiment remains largely negative on the...
Foreign Reserves Drop to $35.9bn The nation’s foreign reserves declined to $35.942 billion from $36.173 billion it was last week. The reserves rose to $45 billion...
CBN Devalues Naira by 15% Amid Low Oil Prices, Weak Reserves As reported by Investors King on Friday, the Central Bank of Nigeria (CBN) has updated...
Bureau De Change Insists Naira Remains N360/$ Despite growing uncertainty and surged in the foreign exchange rate of the Naira to the US dollar, the Association...
Stock Investors Lose N371bn on Thursday Despite 1.09 percent gain recorded on Wednesday after the Central Bank of Nigeria announced N1.1 trillion stimulus to support businesses,...
Naira Slides Against the US Dollar on Thursday The value of the Nigerian Naira declined against the US dollar after President Trump proposed a $1 trillion...
South Africa Announces Stimulus Package to Contain COVID19 Impacts The South African Reserve Bank (SARB) announced measures to stimulate the economy with extra liquidity following a...
Euro Dips to 3-Year Low Against Dollar Amid Coronavirus Pandemic The Euro-area common currency plunged against the U.S dollar to a three year low of 1.069...
South Africa Cuts Interest Rate to 5.25% as Coronavirus Worsen Recession South Africa, the second-largest economy in Africa, on Thursday lowered the interest rate by the...
