Venezuela Devalues Currency by 95% Venezuelan president Nicolas Maduro devalued the local currency bolívar by 95 percent in an effort to shore up its struggling economy....
Foreign Exchange: Inflow Hits US$91 Billion in 2017 – CBN The Central Bank of Nigeria (CBN) said the total foreign exchange inflow into Nigeria stood at...
FG Declares August 21, 22 as Public Holidays The Federal Government on Friday declared Tuesday, August 21 and Wednesday, August 22 as this year’s Eid-el Kabir...
Fund Managers Selling UK Stocks Ahead of Possible ‘No Deal’ Brexit Fund managers are selling their UK stock holdings at the fastest pace as fear of...
Declining External Reserves: Nigerians Should Not Worry, Says CBN The Acting Director, Corporate Communications of the Central Bank of Nigeria, Isaac Okorafor said the recent fall...
Inflation Rate Falls Slightly to 11.14% in July The cost of goods and services in Nigeria increased at a slower pace in July, according to the...
FG to Generate $88 Billion From Digital Economy The Federal Government on Tuesday announced its plan to generate $88 billion and create about three million jobs...
CBN Sells $210 Million to Deepen Forex Activity The Central Bank of Nigeria on Tuesday sold US$210 million to deepen foreign exchange activity and support economic...
FG Borrows N2.7 Trillion in 12 Months The total debt owed by the Federal Government, State Governments and the Federal Capital Territory Administration surged by N2.75...
UK Unemployment Rate Declines to 40-Year Low; Pound Falls The UK unemployment rate improved in the second quarter to the lowest since the 1970s, according to the data...