December 14, 2017

World Update: Dollar, stocks drop in Asia as Fed fails to inspire

The dollar suffered fresh losses on Thursday as Asian investors followed their New York counterparts in shifting out of the unit, unmoved by another interest rate […]
December 14, 2017

World Update: New ‘supernote’ found in South Korea could be from North

A new high-quality counterfeit $100 bill has been found in South Korea, bank officials said Tuesday, prompting suggestions the sanctions-hit North might have resumed forging “supernotes”. […]
December 14, 2017

Nigeria Update: FG to issue N10.69bn Green Bonds to finance budget

The Debt Management Office on Wednesday said it was set to issue Green Bonds worth N10.69bn to finance some aspects of the 2017 budget. According to […]
December 14, 2017

Nigeria Update: NB, Presco others lead N136billion stock market loss

The bears upstaged the bulls at the trading floor of the Nigerian Stock Exchange (NSE) yesterday, following price losses recorded by most blue chip companies, especially […]
December 13, 2017

Africa Update: S.Africa’s Nedbank launches the American Express ‘Black card’

Issued by Nedbank Private Wealth, Centurion is now available by invitation only or upon appointment to a select group of individuals in South Africa. “Centurion is […]
December 13, 2017

Africa Update: Afreximbank pledges up to $1.5 BN to post-Mugabe Zimbabwe

The African Export and Import Bank has pledged up to $1.5 billion in new loans and financial guarantees to Zimbabwe in a major boost for new […]
December 13, 2017

World Update: Gas prices rise in freezing Europe after explosion and pipeline closure

Energy markets were shocked Tuesday by the closure of a pipeline in the North Sea and a major explosion at a facility in Austria that helps […]
December 13, 2017

Nigeria Update: ‘How financial system has greatly evolved with FSS’

The relentless implementation of the Financial System Strategy 2020 (FSS2020), despite challenges, has seen the nation’s financial system gradually evolve into transactions efficiency. Besides, it has […]
December 13, 2017

Nigeria Update: NSE’s All-share index appreciates marginally by 0.03 per cent

Despite price losses that outweighed gains, equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), closed upbeat yesterday, following price gains recorded by […]
December 12, 2017

World Update: Asia shares take a time out, Brent breaks above $65

Asian shares took a small step back on Tuesday after three straight sessions of gains, with markets consolidating in the hope an upswing in global growth […]