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Financial Services

January 8, 2018

Nigeria Update: Forex liquidity exceeds $42b

Nigeria may be sitting atop foreign exchange (forex) stockpile in excess of $42 billion from reserves’ accretion and the expected full inflow of the $3 billion […]
December 18, 2017

Nigeria Update: FMDQ market report

During the week-ended December 15,2017, the Central Bank of Nigeria (CBN) continued its supply of US Dollars in the FX market, offering $100.00mm at a marginal […]
December 15, 2017

World Update: Bank of England holds interest rate at 0.5%

The Bank of England kept its key interest rate at 0.5 percent at its final meeting of the year, it said Thursday while keeping an eye […]
December 15, 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 […]