Analysts Hail CBN’s Naira Defence as Rate for PTA, Others is Adjusted to N360/$ Financial market analysts have welcomed Monday’s decision by the Central Bank of...
Asian Stocks Climb as Worry Eases, Dollar Steadies The selloff in riskier assets eased after U.S. stocks staged a recovery, with the dollar putting the brakes...
Control Risks Insists Forex Remains Challenge for Economy Control Risks, an independent, global risk consulting company, has insisted that the foreign exchange (forex) crisis, which has...
Banks to Sell Dollar at N360 The Central Bank of Nigeria on Monday directed commercial banks across the country to sell the US dollar at N360...
Nigeria Tops India’s Africa Export with $9.949bn Nigeria has continued to outpace other African countries in export to India with $9.949 billion in exports last year....
Report: Customs Responsible for 82% of Charges at Nigerian Ports A study by Nigeria’s leading accounting firm, Akintola Williams Deloitte, has blamed the high cost of...
Goldman Sachs Warns of Another Oil Glut in 2018 Leading global investment banking firm, Goldman Sachs, had warned that another downturn in global oil prices could...
Oil Speculators Can’t Dump Rally Bets Fast Enough Amid Glut The bullish sentiment following OPEC’s deal is almost all gone. Hedge funds haven’t been so skeptical...
Dollar, S&P 500 Futures Drop on Health-Care Flop The dollar and U.S. equity futures built on Friday’s declines and gold climbed with bonds as investors shunned...
CBN Unveils Securities Settlement Guidelines In furtherance of its principal objective of ensuring monetary and price stability as well as to promote a sound financial system,...
