Money Market News
Oil Marketers, Airlines reach loggerheads over local Aviation Price
Nigerian airline operators are currently at cross-purposes with oil marketers over the rising prices of the aviation fuel, also...
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Naira Depreciates at all Markets: Naira Hits N610/$1 at B2B Market
On Thursday, 19 May 2022, The Nigerian naira closed at N420.33/$1 to the dollar at the official Investors and Exporters...
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CBN Issues Regulatory Guidelines for Open Banking in Nigeria to Ensure Financial Inclusion
The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria in its efforts to enhance...
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Ghana begins the purchase of the Yellow Metal in a bid to strengthen its currency
Ghana has started the bulk purchase of the yellow metal-Gold, to raise the gold component of its reserves in a...
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Chicago Federal Reserve Bank Pushes Shallower Rate-hike Path
Chicago Federal Reserve Bank President Charles Evans said he supports moving to a shallower rate-hike path by July or September...
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Experts predicts the death of Shiba Inu
It’s a matter of when, not if, we’ll see the death of Shiba Inu, according to the majority of Finder’s...
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Naira Depreciates Further at the Parallel Market Amidst Foreign Reserves Massive Dip
On Tuesday, the 17th May 2022, The Nigerian naira closed at N418.50/$1 to the dollar at the official Investors and...
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CBN say Nigeria would reap the benefits of a rising oil price
A rising oil price is considered to be beneficial to a major oil exporter like Nigeria. However, the Central Bank...
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