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The Association of Bureaux de Change Operators of Nigeria (ABCON) has set N250 to dollar exchange rate agenda for President Muhammadu Buhari in his second term in office.
Nigeria’s dollar-denominated government bonds rose to 5-7 month highs on Wednesday after President Muhammadu Buhari won a second term at the helm of Africa’s largest economy and top oil producer.
The dollar fell versus a basket of its peers on Monday as rising expectations of a U.S.-Sino trade deal led investors to shift away from the safety of the greenback into riskier assets.
London’s stock market rallied Tuesday to a new two-month peak, supercharged by a Brexit-hit pound and energy giant BP’s surging annual profits, dealers said.
Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos, the News Agency of Nigeria reports.
The Naira on Wednesday closed at N363.32 to the dollar at the investors window, the News Agency of Nigeria (NAN) reports.
I am sure you have noticed that “money is not flowing” this season as it did in 2015 when there was a blizzard of dollars.
An uneasy calm returned to Zimbabwe's main cities but businesses and schools remained closed and mobile networks enforced a government internet shutdown on the final day of a national strike triggered by a steep rise in fuel prices.
The British pound on Monday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said.
Stock markets retreated once more Thursday as China’s slowing economy forced Apple to slash its revenue forecast, wiping as much as $55 billion from its value and dragging down share prices in the wider technology sector.
The Central Bank of Nigeria (CBN) yesterday intervened in the interbank sector of the foreign Exchange market, injecting $210 million into the wholesale segment and other sectors of the market.
American stand-up comedian and actor, Bill Cosby, 81, is dishing out parenting, drug use and life advice to his fellow inmates.
Vice Chancellor of the University of Calabar, (UNICAL), Prof. Zana Akpagu, says they are investigating some staff who are allegedly involved in collecting money from unsuspecting members of the public and forging his signature to give them fake jobs in the institution.
The Kebbi Government has appealed to the management of Umaru Waziri Polytechnic, Birnin Kebbi to reconsider the banning of 7,000 Kebbi students from writing semester examinations over the government failure to settle the students tuition fees.
A group, Kogi state Liberation network, an amalgamation of seven All Progressives Congress (APC) support groups, has endorsed Gen Patrick Ademu Akpa (Rtd) for the APC governorship primary.
In a stakeholders meeting by the Haddy Ametuo-led All Progressives Congress (APC) Kogi State executive, held in Lokoja, on Monday, the faction resolved to allow the National Working Committee (NWC) wade in and determine the mode of election to be adopted for the August governorship primary.
A Nigerian lawyer, Femi Falana, has said Nigeria lacks mechanism to end corruption.
A Cross River-based nongovernmental organisation, Child Protection Network, has said child labour remains a huge challenge in the state.
Nigeria’s U15 boys, known as Future Eagles, will take on the U16 National Team of Mexico on Wednesday in the opening match of the International Dream Cup tournament taking place in the city of Miyagi, Japan.
The National Pensions Commission (NPC) is to begin the verification of prospective retirees, who would be leaving the public service of the Federation in 2020.
Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the US-China trade war, although losses were limited by tensions in the Middle East after last week’s tanker attacks.