For the 17th straight months, Japan posted another current account surplus in November, providing support for Prime Minister Shinzo Abe’s efforts to boost the world’s third...
The Central Bank of Nigeria (CBN) has formally announced that it would no longer sell dollars to Bureau de Change (BDC) operators. Since over 70 percent...
The persistent weakness of the naira, occasioned by low oil price in the international market, calls for devaluation of the currency sooner than later, industry experts...
Last week was tagged by most financial media as the worst start to a year for global financial markets and saw most investors favouring Europe and...
Skye Bank Plc, Unity Bank Plc, FCMB Group Plc and Access Bank Plc topped the losers’ table after the close of trading at the Nigerian Stock...
The naira dropped further against the dollar to 263 at the parallel market on Sunday, four days after the local currency fell from 260 to 262....
UBA ATM Card Holders Can Now Perform FOREX Transactions After Central Bank of Nigeria (CBN) restricted naira-denominated ATM card from accessing forex starting from Jan 1,...
Economists and finance experts have expressed divergent opinions on the proposal by the Federal Government to borrow N2.2tn to finance the deficit envisaged in the 2016...
Bankers in the country and West Africa have been urged to reduce the amount of non-performing loans in the Deposit Money Banks’ books by coming up...
India’s rupee rose for an eighth day amid speculation global funds will resume purchases of the nation’s debt after a two-month selloff. The South Asian nation...
