Financial Services

March 26, 2018

Nigeria Update: N259b maturing securities calm interbank rates

A rising trend in interest rates on lending among banks was reversed last week with improvement in the quantity of money in circulation arising from N259 […]
March 22, 2018

World Update: Deutsche Bank shares tumble on investment bank headwinds

Shares in Germany’s biggest lender Deutsche Bank slid around 6.0 percent Wednesday, after its finance chief warned of first-quarter headwinds for its corporate and investment banking […]
March 22, 2018

World Update: Dollar extends losses on Fed move, Trump revives trade war fears

The dollar extended losses in Asia on Thursday after the Federal Reserve stuck to its target for interest rate hikes this year, but fresh fears of […]
March 20, 2018

Nigeria Update: What’s inside Nigeria’s foreign reserves?

It was former president Obasanjo who started this whole business of turning the nation’s foreign reserves into an achievement to be celebrated. When Obasanjo took office […]