The Central Bank of Nigeria has described claims by some airlines that they are unable to access foreign exchange to repatriate the proceeds of their operations...
The dollar headed for a seventh straight gain against the yen, its longest streak since October, as speculation grew that the Federal Reserve has a stronger...
The scramble for funds by commercial banks forced the interbank overnight rate to jump by six per cent to 13.33 per cent on Thursday, from 7.33...
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...