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Dollar Drops After Federal Reserve Meeting

The dollar dropped Thursday as records from the Federal Reserve’s last meeting dampened hopes of an imminent US interest rate hike. Minutes from the US central
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Nigeria: Naira Weakens Against Dollar

The Naira on Monday depreciated against the dollar at the parallel market, the News Agency of Nigeria (NAN), reports. The Nigerian currency lost N3 to exchange

CBN Warns Nigerians Against Patronizing Unregistered IMTO?s?

‎The CBN in a press release signed by Mr Isaac Okoroafor Acting Director of its Corporate Communication Department, has warned Nigerians of the activities of

CBN To Mop Up N245 Billion As Cost Of Funds Falls By 50 Percent

By Babajide Komolafe The Central Bank of Nigeria (CBN) will this week mop up N245 billion from the interbank money market in a bid to reduce

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