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 […]
World News
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. […]
Borges Former IMF’s Director European Department Dies
By InvestAdvocate Lagos (INVESTADVOCATE)-Antonio Borges former International Monetary Fund (IMF), Director of the IMF’s European Department in 2010-2011 has died. Christine Lagarde, Managing Director (MD) of the IMF, Sunday expressed her sadness on the death of Borges. “It is with great sadness that we have learned of the […]
