By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s Central Bank Monday retained its Lending Rate at 12 percent (12%) to help boost the Naira and control price pressures in its economy. Sanusi Lamido Sanusi, Governor of Nigeria’s Central Bank as part of the decisions reached at the Number 80 of […]

The Nigerian naira eased against the U.S dollar on both the interbank market and at the bi-weekly auction on Monday as demand for the greenback outpaced supply.  The naira currency closed at 158.90 to the dollar on the interbank market compared with 158.65 on Friday as the central bank failed […]

BRUSSELS/MADRID (Reuters) – The euro zone’s debt crisis struck again at the heart of Europe on Monday despite a clear-cut election victory in Spain for conservatives committed to tougher austerity. Spain’s Socialists became the fifth government in the 17-nation single currency area to be toppled by the debt crisis this […]