Sunday, April 19, 2026
CBN injects $280.04m, CNY 28.3m into retail SMIS
The retail Secondary market intervention sales on Friday received a boost of $280.04m from the Central Bank of Nigeria. It...
Read moreDetailsTrump says U.S. economy ‘handcuffed’ by Fed, wants further rate cut
Donald Trump, U.S. president, on Friday called on the Federal Reserve to lower interest rates by a full percentage point,...
Read moreDetailsDollar, yuan stronger as risk sentiment improves
The dollar index inched higher on Thursday and the Chinese currency strengthened after the Chinese central bank fixed the yuan...
Read moreDetailsCBN auctions N115bn treasury bills to boost dollar liquidity
The Central Bank of Nigeria sold a total of N114.6 billion worth of treasury bills Wednesday, in its first of...
Read moreDetailsCBN intervenes with $210m in forex market
The Nigerian inter-bank foreign exchange market received another boost with an injection of about $210 million from the Central Bank...
Read moreDetailsChina says U.S. currency manipulator labeling could cause chaos in financial markets
China’s central bank said on Tuesday that Washington’s decision to label Beijing as a currency manipulator would “severely damage international...
Read moreDetailsNaira closes at N362.57 to dollar at investors window
The naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos. Turnover at the window...
Read moreDetailsCIIN committed to duty of raising insurance professionals – Efekoha
Eddie Efekoha, president of the Chartered Insurance Institute of Nigeria, CIIN, has lauded the Institute’s commitment to its duty as...
Read moreDetailsEcobankPay hits N1bn in transactions value
EcobankPay, the lifestyle digital payments and collections service of Ecobank Nigeria has recorded a cumulative transaction value of over N1...
Read moreDetailsBoE lowers economic growth forecast amidst Brexit worries, global economy downturn
The Bank of England (BoE) lowered its growth forecasts on Thursday due to increased Brexit worries and a slowing global...
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