LCCI advises CBN to convert lower currency notes to coins
By Godfrey Ofurum The Lagos Chamber of Commerce and Industry (LCCI) has advised the Central Bank of Nigeria (CBN) to consider
Currency depreciations seen worsening food, energy crises in developing economies
By Onome Amuge The depreciation of Nigeria’s currency as well as currencies of other developing economies has accelerated food and
Currency in circulation falls 3.9% to N2.05trn
Grows 95.6% to N2.02trn in 10 years By Omobayo Azeez Total currency in circulation (CIC) in Nigeria has declined by 3.9 per
China 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
Turnover at Nigeria’s fixed income, currency market grosses N19.12trn
Turnover in the fixed income and currency (FIC) markets for the month ended June 30, 2019 grossed N19.12 trillion, data from the
Markets cautious ahead European Central Bank policy retention
There was palpable suspense during Thursday’s early trading sessions across Europe as market awaits European Central Bank policy
Sterling to coast, but Brexit talks progress would drive rally, poll shows
Sterling’s outlook is stable over the coming year, but a few currency strategists polled by Reuters expect it to make significant
The electricity required for a single bitcoin trade could power a house for a whole month
Bitcoin transactions use so much energy that the electricity used for a single trade could power a home for almost a whole month,
Indian economy in period of dense fog, says Credit Suisse
Describing Indian economy to be in a period of “dense fog”, Credit Suisse Wednesday said structural reforms including GST
China’s yuan rebounds as economic optimism returns
For those who worry about the state of the world economy, China has long been a major reason to lose sleep. Its financial system