Naira Closes Stronger Against Dollar, Euro At Black Market
The Naira closed stronger against the US Dollar and the Euro at the unregulated segment of the foreign exchange (FX)…
Day: April 13, 2021
Qatar To Invest $5bn In Nigeria, Says Onyeama
The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Godfrey…
Printing Currency Could Hurt Economy, Analysts Warn FG
Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly…
Credit Suisse To Pay Out Another $1.7 Billion Of Greensill-Linked Fund Assets
Credit Suisse has made further progress in winding down funds connected with Greensill Capital and is able to distribute another…
Appzone Secures $10m Series A, Biggest Investment Led By Nigerian VC
Nigerian-founded venture capital firm CardinalStone Capital Advisers is leading a $10 million Series A funding in Appzone that delivers best-in-class…
Fed Looks Poised To Step Up Buying In Belly Of Treasuries Curve
The Treasury market’s weight has shifted around in the past year, meaning the Federal Reserve’s $80 billion monthly purchases no…
Grab To Unveil World’s Biggest SPAC Merger, Valued At Nearly $40 Billion: Sources
Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings will announce as early as Tuesday a merger with U.S.-based…