Money Market News
OPEC Forecasts a 0.3 mb/d Decline in Global Oil Demand Growth for the Rest of 2022
The Organization of Petroleum Exporting Countries (OPEC), expects a world oil demand growth of 3.1 mb/d for 2022, a downward...
Read moreDubai’s Emirates to Suspend Nigeria Flights Over $85 Million Trapped Funds
Emirates Airlines has disclosed that effective September 1, 2022, it will suspend its flight operations to and from Nigeria, over...
Read moreCBN Reverts Interest Rate on All its Intervention Funds to 9% Annually
The Central Bank of Nigeria (CBN) has returned the interest rate on all its intervention facilities to 9 percent per...
Read moreNaira Climbs to N429.38/$1 at the I&E Window as Liquidity Increases by 139%
Wednesday, August 17, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session with the naira appreciating...
Read moreNigeria’s Foreign Reserve Records a Slight Increase of $12 Million
According to data from the Central Bank of Nigeria (CBN), the gross foreign reserve, as of 15 August increased by...
Read moreNaira Falls to N430.67/$1 at the I&E Window as Forex Supply Drops by 62%
Tuesday, August 16, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session with the naira ticking...
Read moreWhy Ethereum Price is Moving to $3k
Since its all-time high in November 2021, Ethereum has lost slightly over 80% of its value, but some market indicators...
Read moreUS Regulator Pushing Banks to Avoid Serving Crypto Companies
The Federal Deposit Insurance Corporation (FDIC) may be leaning on banks to prevent them from providing services to cryptocurrency companies,...
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Dubai’s Emirates to Suspend Nigeria Flights Over $85 Million Trapped Funds
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Shiba Inu, Dogecoin Jump as Risk-On Behavior Returns to Crypto Markets
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CBN Raises Minimum Interest Rate on Savings Deposits to 4.2%
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US Regulator Pushing Banks to Avoid Serving Crypto Companies
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Consolidated Hallmark introduces new product