The Nigerian naira weakened against the U.S dollar on both the interbank market and at the official central bank window as demand for the greenback continue to outweigh supply, traders said on Monday.  The naira currency eased to 160.20 to the dollar on the interbank, compared to 159.65 a dollar […]

Documents unearthed by Reuters show a new link between Japan’s Olympus Corp and a veteran banker at the center of an accounting scandal engulfing the firm, as attention focuses on the role he played in the company’s deal-making. The Japanese banker, Akio Nakagawa, is already known to have worked for […]

New single-family home sales rose in October and the supply of homes on the market fell to its lowest level since April of last year, showing some healing in the battered housing sector. The Commerce Department on Monday said that sales edged up 1.3 percent to a seasonally adjusted 307,000-unit […]