Money Market

Ecobank Nigeria Appoints Nnaeto Orazulike as Non-Executive Director

August 1, 2022/Ecobank Nigeria The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Ichie (Dr) Nnaeto Orazulike as a Non-Executive Director. Ichie (Dr) Nnaeto Orazulike is a seasoned business magnate, corporate administrator, and philanthropist. He is the Founder and Group Managing Director of Genesis Group – a […]

Naira Crashes to N710/$1

July 27, 2022/sunnewsonline By Chinwendu Obienyi Despite starting the day at N675/$1, the exchange rate between the Naira and the US dollar on Wednesday, fell beyond the N710/$1 threshold at the black market. The Naira has been under immense pressure in the past two weeks, falling from an average of […]

The Pulse Report: Falling Markets Drive Global Rise in Short-Selling Strategies in Q2

Capital.com’s short-position traders were 32% more profitable; FX, oil and indices proved popular among short-sellers July 27, 2022/ Capital.com Report—Pulse According to the latest Pulse report published by trading and investing platform Capital.com, 38% of its traders carried out short-position trades on the platform in Q2 2022. This was 34% […]