Money Market
Travellers to access $4,000 as CBN boosts forex supplies
Nigerians travelling abroad can access a maximum amount of $4,000 foreign exchange from the banks following the Central Bank of...
Read moreDollar Stalls, Yields Ease as Stocks Trade Mixed: Markets Wrap
The dollar slipped and longer-dated Treasury yields were lower as investors awaited Thursday’s U.S. inflation report before gauging the direction...
Read moreU.S.-China Trade Relationship Significantly Imbalanced, Tai Says
The trade relationship between the two largest economies in the world has “significant imbalance” and the Biden administration is committed...
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CBN’s N88 billion treasury bill auction on Wednesday was oversubscribed by 174.62%
The Central Bank of Nigeria’s (CBN) Treasury Bills Auction worth N88.46 billion was oversubscribed by 174.6% yesterday. The stop rates...
Read moreU.S. Stock Futures Edge Higher as Earnings Roll In: Markets Wrap
U.S. futures drifted higher, while European and Asian stocks advanced as investors weighed earnings from companies including some of the...
Read moreFed Is More Worried by Inflation Running Too Cold Than Too Hot
Federal Reserve officials are just as worried about an inflation rate that runs too cold as one that runs too...
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Nigeria Has No Plan To Ban Foreigners From Bills Sales
The Central Bank of Nigeria has denied claims that it planned on freezing out foreigners from the sales of Open...
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Naira strengthens at NAFEX window as dollar supply improves in forex market
The exchange rate between the naira and the US Dollar closed at N406.50/$1, at the Investors and Exporters window on...
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Investors Lose N185bn as Equities Market Remains Bearish
Negative sentiments persisted at the stock market last week, leading to investors losing N184.5 billion. Having recovered three weeks ago, the market slipped...
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Popular Story
Dangote Refinery Lifts Petrol Output as Nigeria’s Fuel Imports Drop Sharply
Ways and Means Debt Records First Drop as Moratorium Ends
Court Hits 21 Unlicensed Investment Firms with N30 Million Fines Each
Banks Hold Off on Lowering Loan Rates Nearly a Week After CBN’s 350-Point Cut
Help Keep Knowledge Free: Wikipedia Launches Urgent Appeal for Support
