Monday, 4th July 2022
Breaking News:


27 May 2016
Nigeria's central bank is adopting a flexible foreign exchange rate regime, Governor Godwin Emefiele said on Tuesday, in a policy U-turn designed to boost exports and stave off a recession in Africa's biggest economy.
25 May 2016
The dollar held gains against the yen Wednesday after risk appetite among Asian investors jumped on the back of rising expectations of a rise in US borrowing costs.
24 May 2016
Oil dipped Tuesday as a stronger US dollar and progress in controlling wildfires in Canada's crude-producing Alberta province dampened prices.
20 May 2016
The dollar was little changed Friday, holding gains against the euro while rising against the yen as a G7 finance meeting kicked off in northern Japan.
20 May 2016
The arguments adduced by self-styled economic experts or analysts who have been advocating for official devaluation of the Naira exchange rate vis-a-vis the U.S.
19 May 2016
Oil prices extended their retreat Thursday after hawkish US Federal Reserve meeting minutes strengthened the dollar and a weekly report showed rising US crude stockpiles.
18 May 2016
The dollar rallied broadly in Asia on Wednesday as a string of US economic data and bullish commentary from two Federal Reserve policymakers spurred talk of a US interest rate hike.
9 May 2016
The yen slipped Monday as Tokyo officials kept up their war of words in a bid to tame the surging currency, while the dollar won support as weak US jobs data failed to extinguish hopes for rate hikes this year.
11 Jun 2015
The Zimbabwean dollar will officially be taken out of circulation, six years after hyper-inflation rendered it worthless
14 Apr 2015
Turkey's embattled lira on Tuesday tumbled to a new low in value against the dollar, pressured by the possibility of the US Federal Reserve raising rates and domestic jitters ahead of June 7 elections.
21 Mar 2015
Lagos, March 21, 2015 (NAN) The Naira appreciated against the dollar at the official and the parallel markets as at close of trading on Friday.


24 mins ago
Lovebirds Big Sean and Jhené Aiko are set to become parents. The Grammy award-winning couple is expecting their first child together. The news of the couple's pregnancy was first broken by news outlet TMZ which first shared photos of Aiko wearing a maxi gray dress, spotting a baby bump with beau Big Sean right by…
35 mins ago
Markets swung Monday as traders fret over a possible recession caused by central bank interest rate hikes aimed at fighting soaring inflation.
45 mins ago
Uzbekistan's state prosecutor said on Monday that 18 people died during unrest in the autonomous Karakalpakstan region after protests erupted over planned constitutional changes affecting the territory's status last week. "In (the administrative centre) Nukus, 18 people died as a result of serious injuries received during massive disorders," Russian news agency Ria Novosti quoted Abror…
51 mins ago
White-robed worshippers from across the world have packed the streets of Mecca as Islam's holiest city prepares to host the biggest hajj pilgrimage since the coronavirus pandemic.
56 mins ago
Mr Simbi Wabote, Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), on Sunday urged oil workers to embrace the game of golf to stay fit and healthy.