Tag: Money
Browse our exclusive articles!
Short-term Interest Rates Rise as Banking Deficit Soars
Short-term Interest Rates Rise as Banking Deficit SoarsThe short-term benchmark interest rates soared in the money market as banking system deficit spiked. Liquidity balance...
Court Orders Final Forfeiture of $1.4m Linked to Emefiele
Court Orders Final Forfeiture of $1.4m Linked to EmefieleA Federal High Court sitting in Lagos has ordered the final forfeiture of another $1.4 million...
CBN Cuts Interest Rate on Treasury Bills Below 18%
CBN Cuts Interest Rate on Treasury Bills Below 18%The Central Bank of Nigeria (CBN) has cut spot rates on Nigerian Treasury bills at the...
Naira: Black Market Spot Rate below N1500 per US Dollar
Naira: Black Market Spot Rate below N1500 per US DollarThe naira has stabilised around N1500 per US dollar in the black market, a channel...
Naira Trades Mixed as Official Rate Exceeds Black Market Quote
Naira Trades Mixed as Official Rate Exceeds Black Market QuoteThe naira appreciated faster in the black market, compared to the rate at which the...
