The Central Bank of Nigeria (CBN) has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market. Mr Isaac Okorafor, CBN Director, Corporate Communications, ...
The dollar inched up against the yen on Tuesday after Japan’s central bank governor raised the possibility of further policy easing, while the euro’s latest bounce faded as the focus shifted back to economic challenges ...
Japanese share buybacks have hit a record this fiscal year and are set to maintain the booming growth as cash-rich companies bow to pressure from investors and the government to boost returns and improve governance. ...
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. MSCI’s broadest index of ...
Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), has identified factors that kept the naira immune from election spendings. Gwadabe told the News Agency of Nigeria (NAN) on Friday in Lagos ...
Trading on the nation’s bourse swayed southward on Wednesday to record its first depreciation in February, shedding 0.15 per cent. The News Agency of Nigeria (NAN) reports that this was due to losses suffered by ...
The British currency fell against the dollar on Tuesday to a new three-week low, as doubts grow about whether Prime Minister Theresa May can convince the European Union to accept changes to her Brexit divorce ...
Emerging market shares rebounded on Tuesday after four sessions of losses buoyed by hopes of a resolution of trade tensions between China and the United States. U.S. and Chinese officials expressed hope on Monday that ...
The Naira on Monday maintained stability against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The Pound Sterling and the Euro traded at N473 and N410, respectively. At the ...
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