The Nigerian Naira plunged to N360 against the US dollar at the parallel market on Wednesday, following a supply shortage of the greenback in the interbank...
Fitch Ratings has downgraded two of Nigeria’s biggest banks, citing the recent drawdown of the nation’s sovereign credit rating. The global credit rating downgraded the United...
The U.K. pound surged for a third day as Theresa May prepared to take-over from David Cameron. The U.K. pound rose 1.2 percent to $1.3179 against...
The Nigerian State Minister for Petroleum Resources, Emmanuel Kachikwu said on Tuesday that Nigeria has signed a memorandum of understanding (MOU) worth over $80 billion with...
The Reserve Bank of Australia left interest rates unchanged on Tuesday, citing moderate growth despite drop in business investment. The central bank left the cash rate...
CBN Intervenes as Naira Weakens to N355 The Nigerian Naira slid from N351 on Tuesday at the parallel market to N355 against the United States...
New Zealand Finance Minister Bill English on Wednesday said the country is better placed than most countries to withstand any post-Brexit turmoil. According to the minister,...
The Nigerian Naira gained against the US dollar in the new interbank market on Wednesday after the Central Bank of Nigeria sold dollar to stabilize the...
U.S. stocks fluctuated with the pound ahead of Thursday’s vote on whether the U.K. will leave the European Union or stay, while Treasuries halted the longest...
By offering a subtle change to her outlook from less than a week ago, Federal Reserve Chair Janet Yellen pushed the prospect of additional interest rate...