Financial Services

December 6, 2017

Nigeria Update: Reserves hit $38.2b as FDI crosses $10 billion

Nigeria’s foreign exchange (forex) reserves jumped from $23 billion in October 2016, to $38.2 billion yesterday, a development that signals the country’s return to favourite international […]
November 30, 2017

Nigeria Update: Eurobond: FG to reduce debt servicing by N90bn in 2018 — Adeosun

Minister of Finance, Mrs. Kemi Adeosun, yesterday, said that the federal government’s debt service obligation would be reduced by N90 billion in 2018 through the Eurobond […]
November 29, 2017

Nigeria Update: Import prohibition attracts $10b investment, says CBN

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, said the import prohibition policy of the apex bank has attracted investment valued at $10billion into the […]
November 29, 2017

World Update: Bitcoin breaks $10,000 barrier

Bitcoin broke through the $10,000 barrier for the first time on Wednesday as it extends a stratospheric rise that has delighted investors but sparked fears of […]