Tuesday, 24th May 2022
<To guardian.ng
Breaking News:


13 Nov 2017
The British pound sank Monday on uncertainty surrounding Prime Minister Theresa May's future, but the London stock market was buoyed by the sliding currency, dealers said.
3 Aug 2017
The British pound dropped to this year's lowest point against the euro in reaction to the Bank of England cutting its forecast for the UK economy as it left leading interest rates unchanged.
27 Jul 2017
The dollar eased again Thursday and major Asian markets gained after the Federal Reserve gave a tepid inflation outlook, fuelling speculation it will hold off on further US rate hikes this year.
24 Jul 2017
The dollar suffered fresh losses on Monday, while Asian markets mostly rose as investors await a Federal Reserve policy meeting and the release of big-name earnings results.
3 Jul 2017
The euro and pound held their gains against the dollar on Monday after signals from global central banks that they were prepared to tighten monetary policy, while equity markets mostly eked out small gains after last week's losses.
12 Jun 2017
The pound struggled on Monday to bounce back from last week's sharp losses triggered by a shock British election result that has thrown the country into uncertainty.
9 Jun 2017
The pound plunged two percent Friday as Prime Minister Theresa May lost her majority in Britain's general election, fuelling political uncertainty just days before the start of Brexit talks.
28 Mar 2017
Britain's new £1 coin with the symbols of England, Scotland, Wales and Northern Ireland goes into circulation from Tuesday on the eve of the launch of a Brexit process that has put national unity in doubt.
14 Mar 2017
The British pound slumped to an eight-week low point Tuesday on Brexit concerns, while markets were cautious overall ahead of a much-anticipated Federal Reserve policy meeting.
16 Jan 2017
The pound struggled at 32-year lows against the dollar in Asia on Monday after reports said British Prime Minister Theresa May was ready to take the country out of the European Union in a so-called "hard Brexit".
3 Nov 2016
Egypt floated the country's pound Thursday as part of a raft of reforms, after a dollar crunch and exorbitant black market trade threatened to grind some imports to a halt.
7 Oct 2016
The London stock market rose at the open on Friday, buoyed by a "flash crash" in the beleaguered British pound, but Frankfurt and Paris held steady before key US data.


3 hours ago
Barring last minute changes, the ruling All Progressives Congress (APC) will today screen its presidential aspirants for the 2023 general elections after earlier postponements.
3 hours ago
A Coalition of Election Monitors and Observers (CEMO) has warned President Muhammadu Buhari against assenting to the recent Electoral Act 2022 amendment bill because preparations for the 2023 general elections are already in full gears.
3 hours ago
Improving Diversity, Equity, Inclusion and Belonging (DEIB) in a small business requires commitment to hiring a diverse workforce and engaging them once hired, Human Resource (HR) experts have said.
3 hours ago
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has stated that about 400,000bpd is expected from the rehabilitation of NNPC refineries in Port Harcourt, Warri, and Kaduna using target performance of not less than 90 per cent of nameplate capacity.
3 hours ago
The Federal Government, yesterday, named Abuja-based medical doctor and PR consultant, Dr. Henry Onyia Nzekwu, as head of a 10-man interim management committee to oversee the development of Nigerian basketball.