Dollar Mixed as Markets Keep Eyes on Omicron, Inflation Data

Global Market December 6, 2021

The US dollar was mixed against its major trading partners early Monday, as markets continue

Oil Gains as Saudi Arabia Raised Official Selling Price

News December 6, 2021

Oil prices have begun a new trading week with gains of roughly 2.5%, sparked by Saudi Arabia’s

Ecobank Names Jubril Lawal MD Designate as Patrick Akinwuntan Nears Retirement

News December 6, 2021

Ecobank Group, the leading pan-African banking group, announces that Jubril Mobolaji Lawal

Ebenezer Onyeagwu Gets CEO of the Year Award, Zenith Bank Emerges Most Responsible Organisation in Africa

Uncategorized December 6, 2021

Zenith Bank’s Group Managing Director/CEO, Mr. Ebenezer Onyeagwu, has emerged CEO

Naira to Test New Low as NDF Signals Devaluation

FX Market December 6, 2021

Based on the non-deliverable forward (NDF) rate movement, the Institute of International Finance (IIF)

FGN Eurobond Sees Attractive Yield, Nearing 9%

Financial Market December 5, 2021

Federal Government of Nigeria (FGN) Eurobond see an attractive yield nearing 9%

PenCom Says RSA Data Recapture Will Tackle Irregularities

News December 5, 2021

The National Pension Commission (PenCom) says its pilot Data Recapture Exercise

El Salvador Buys Dip After Bitcoin Price Sinks

Cryptocurrency December 5, 2021

El Salvador buys more bitcoin after the largest digital crypto-asset dropped off about 10%

PFAs Reduce T-Bills Holdings, Pump Funds into Banks, Stocks

News December 4, 2021

Pension Fund Administrators (PFAs) reduced their investment position in Treasury bills

Naira Gains as CBN Used $125 mln from External Reserves

FX Market December 4, 2021

The Nigerian local currency, naira, witnessed a moderate gain in the official foreign exchange window

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