World News

Okonjo-Iweala inaugurates Sarah Alade-led NEXIM Board

The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, GCFR, has been inaugurated by the Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, with a charge to further boost regional trade in West Africa. Speaking at the Board inauguration […]

Nigerian naira flat, oil firm dollar sales support

Nigeria’s naira closed broadly flat against the U.S dollar on the interbank market on Monday as two multinational oil companies sold about $107 million to some lenders. The unit ended flat at 161.48 naira to the greenback on the interbank, after weakening to 162 naira during intra-day trade. It closed […]

FOREX-Dollar eases vs yen, hovers below recent 3-week high

* Dollar/yen hovers below Friday’s near 3-week high * Euro holds steady, dollar index little changed * Data on U.S. durable goods due later on Monday The dollar eased versus the yen on Monday, having backed away from Friday’s near three-week high after data showed a steep drop in U.S. […]