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Money

FEATURED Latest Money TOP STORIES 

CBN’s dollar sales seen rising amid currency pressures

February 20, 2021February 20, 2021 Markets Reporters 0 Comments CBN dollar sales, currency pressures, defend naira

The Central Bank of Nigeria is expected to increase its dollar sales as currency pressures are likely to persist, analysts

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FEATURED Latest Money TOP STORIES 

WorldRemit welcomes CBN mandate on new dollar bank accounts

February 17, 2021February 17, 2021 Markets Reporters 0 Comments CBN, US dollar bank accounts, WorldRemit

WorldRemit, a cross-border digital payments service, has described as a welcome development the Central Bank of Nigeria’s announcement that all

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FEATURED Latest Money TOP STORIES 

Naira falls against dollar at parallel market, I&E window

February 17, 2021February 17, 2021 Markets Reporters 0 Comments dollar, FMDQ Group, naira, Nigerian currency

The Nigerian currency has pared some of its recent gains as it weakened against the dollar at the parallel market

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FEATURED Latest Money TOP STORIES 

Naira plummets to record low against dollar at I&E window

February 15, 2021February 15, 2021 Markets Reporters 0 Comments FMDQ Group, I&E window, naira

The Nigerian currency extended its decline on Monday, falling to a record low against the dollar at the Investors’ and

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FEATURED Latest Money TOP STORIES 

CBN circulars on cryptos, others may be spooking foreign investors – FDC

February 13, 2021February 13, 2021 Markets Reporters 0 Comments Bismarck Rewane, CBN circulars, Financial Derivatives Company

The circulars from the Central Bank of Nigeria on cryptocurrency transactions, repatriation of export proceeds and diaspora remittances may be

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FEATURED Latest Money TOP STORIES 

Naira tumbles at I&E window, strengthens on black market

February 13, 2021February 13, 2021 Markets Reporters 0 Comments CBN, FMDQ Group, I&E window, naira

The Nigerian currency plunged by 1.17 percent on Friday against the dollar at the Investors’ and Exporters’ Foreign Exchange Window.

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Latest Money TOP STORIES 

AfDB, AGF to unlock $2bn loans for women entrepreneurs

February 12, 2021February 12, 2021 Markets Reporters 0 Comments AfDB, African Guarantee Fund, women entrepreneurs

The African Development Bank’s Affirmative Finance Action for Women in Africa programme has agreed a partnership with the African Guarantee

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FEATURED Latest Money TOP STORIES 

Ecobank Nigeria’s $300m bond oversubscribed by three times

February 12, 2021February 12, 2021 Markets Reporters 0 Comments Bond issuance, Ecobank Nigeria, Patrick Akinwuntan

Ecobank Nigeria, a wholly owned subsidiary of Ecobank Transnational Incorporated, has said its $300 million bond was more than three

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FEATURED Latest Money TOP STORIES 

Naira rises to 475 against dollar after crypto ban

February 12, 2021February 12, 2021 Markets Reporters 0 Comments crypto ban, naira

The Nigerian currency strengthened against the dollar on Thursday at the parallel market for the second day after the Central

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FEATURED Latest Money TOP STORIES 

Ex-World Bank executive joins Ecobank’s board

February 10, 2021February 10, 2021 Markets Reporters 0 Comments Ecobank, Hervé Assah

Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the co-option to its Board of Directors of Hervé

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