Clearing Agents Seek Better Ports
National President, Association of Nigeria Licensed Customs Agents (ANLCA), Tony Iju, has felicitated with Muslims on the occasion of the…
Day: May 19, 2021
Buhari Hails Emergence Of New Era At Nigerian Capital Market
President Muhammadu Buhari has lauded the historic roles of the Nigerian capital market in national development and the successful transition…
Canadian Exporters Rejig Currency Hedges As Commodities Boom
Canadian exporters are adjusting their currency hedges and buying the loonie at stronger levels, in a sign market players are…
Banks Set Monthly Cash Deposit Limit For Domiciliary Accounts
The amount of cash that can be deposited into domiciliary accounts of customers in Nigeria has been reduced by banks, Business…
Yuan Slips As Sino-U.S. Tensions Weighs On Appetite
China’s yuan slipped on Wednesday as Sino-U.S. tensions weighed on risk appetite, defying central bank attempts to guide it higher…
Bitcoin Tumbles Below $40,000 After China Issues Warning
Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not…
Nigeria Eyes $3b From Eurobond’s Sale
Nigeria plans to issue $3 billion or more in Eurobonds as international capital markets (ICM) open up and interest rates…
$280 billion wiped off crypto market as bitcoin falls below $40,000 for first time in 14 weeks
Bitcoin fell sharply on Tuesday continuing a major sell-off that began a week ago. The digital currency fell over 13% to…
EM’s Worst Bond Rout Far From Over As Nigeria Fights Inflation
The emerging world’s worst bond rout isn’t over yet as elevated inflation and dwindling liquidity concerns keep investors wary of…