Turnover In FMDQ Exchange Drops 56% YoY As Investors Pull N29trn In T-Bills
Investment activities in the Fixed Income and Currencies (FIC) markets suffered a setback to the tune of about N26.97 trillion…
Day: August 30, 2021
New IMF Allocation’ll Boost Nigeria, Others’ Reserves – AfDB
The President of the African Development Bank, Akinwumi Adesina, has said the International Monetary Fund’s Special Drawing Rights allocation of…
NIPOST To Clamp Down On Unlicensed Courier, Logistics Operators
The Courier and Logistics Regulatory Department (CLRD) of the Nigerian Postal Service (NIPOST) is set to clamp down on illegal…
Why Fed’s Powell Still Thinks High Inflation Is ‘Temporary’
Federal Reserve Chair Jerome Powell on Friday pushed back against concerns that swiftly rising prices could become an enduring feature…
CBN Drafts Guidelines To Nigerian Banks On E-Naira
The CBN recently sent a presentation to Nigerian banks about the eNaira project, revealing more details about its design and…
Italy Drops Quarantine Rules For Fully Vaccinated Britons
Italy will drop its requirement for fully vaccinated Britons to quarantine from next week. UK travellers who have been double…
Diaspora Remittances Hit $34bn As Nigerian Migrant Workers Top List
The Naira4Dollar policy of the Central Bank of Nigeria (CBN) may have begun to yield dividends as remittances from Nigerians…
Zero-Commission Fight Reaches Canada As National Bank Ends Fees
The move to commission-free trading that’s swept through U.S. discount brokerages over the past two years may finally be making…