The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday announced a tightening of the monetary policy stance by increasing the Monetary Policy Rate...
Credit Suisse Group AG plans to eliminate an additional 2,000 jobs this year and deepen cuts at the investment bank, five months after Chief Executive Officer...
Malaysia’s ringgit rose past 4 to the U.S. dollar for the first time since August on speculation a resurgence in crude will boost the oil exporter’s...
The dollar headed for its steepest three-week slide in more than four years as an increasingly cautious Federal Reserve spurred analysts and investors to reassess forecasts...
The Nigerian stock market recorded a turnover of N1.6bn on 201 million shares. Value and volume of transactions were below February averages by 37 per cent...
Nigerian Stock Exchange (NSE) on Wednesday rose to seven week high after 21 stocks closed with gains. The NSE market capitalization rose from N8.544tn to N8.736tn,...
Nigerian stock market surged N117bn on Monday after 18 stocks led by Dangote Cement Plc. recorded significant gain. Dangote Cement Plc, Ecobank Transnational Incorporated, Fidson Healthcare...
China Cuts Reserve Requirement Ratio China’s central bank cut the amount of cash the nation’s lenders must lock away as reserves, stepping up efforts to cushion...
Champion Breweries Plc, FCMB Group Plc, Ecobank Transnational Incorporated, Stanbic IBTC Holdings Plc and Eterna Plc emerged the top five gainers after the close of trading...
The Central Bank of Nigeria needs to devalue the naira by adjusting the official exchange rate of N199/dollar to a more market-determined exchange rate, the International...
