Naira Falls to N430/$1 at the I&E Window Despite a 190% Surge in Forex Supply
Monday, August 15, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a negative note...
CBN Raises Minimum Interest Rate on Savings Deposits to 4.2%
The Central Bank of Nigeria (CBN) has instructed an upward adjustment of the minimum interest rate payable on local currency...
Shiba Inu, Dogecoin Jump as Risk-On Behavior Returns to Crypto Markets
Meme tokens shiba inu (SHIB) and dogecoin (DOGE) gained over 15% in the past 24 hours as risk-on behavior returned...
Nigeria’s Inflation Climbs to 19.6% in July 2022
Nigeria’s Inflation rate jumps to 19.64 percent in July 2022 from the 18.60 percent recorded in the last month. This means...
DMO Offers Subscription by Auction for 3 Previously Issued FGN Bonds
The Debt Management Office of Nigeria (DMO) has re-opened 3 previously issued Federal Government of Nigeria (FGN) bonds for subscription...
Naira Appreciates to N429.62/$1 at the I&E Window Despite a 21% Shrink in Forex Supply
Friday, August 12, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bearish note...
Ghana Cedi Down by 47% Year-to-date as the US Dollar Strengthens
The Ghana cedi has depreciated largely since the beginning of the year 2022 against the US dollar, falling by as...
Naira Depreciates to N430.25/$ at the I&E Window as Forex Supply Shrinks by 95%
Thursday, August 11, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bearish note...
Naira Drops by a Whooping N7 at the Parallel Market
Wednesday, August 10, 2022: The rate at which the naira exchanges for the dollar in the parallel (black) market stood...
NDIC says managers are responsible for bank failures
The Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has stated that banking institutions in Nigeria fail on the back of...
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