Naira Trades at N515 to US Dollar in FX Forward Market Following the Central bank of Nigeria (CBN)’s decision to adjust the foreign exchange rate of...
Ecobank Grows Profit by 28% in 2019 Ecobank Transnational Incorporated (Ecobank) grew profit by 28 percent in the financial year ended December 31, 2019. In the...
CBN Leaves Interest rates Unchanged at 13.5% The Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) on Tuesday left interest rates unchanged despite growing...
Fed Announces Unlimited Bond Buying Program to Support Americans The US Federal Reserve on Monday announced it will commence a bond-buying program to mitigate the impact...
Investors Lose N260bn on Monday as COVID19 Spreads Investors on the trading floor of the Nigerian Stock Exchange lost another N260 billion as market sentiment remains...
ABCON Directs Members to Sell Dollar at N380/$ The Association of Bureaux De Change Operators of Nigeria (ABCON) on Monday directed all members of the association...
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...
