September 22, 2016/Reuters By Chijioke Ohuocha LAGOS (Reuters) – Nigeria has said it is owed a total of $12.7 billion by more than a dozen companies for allegedly not declaring exports of crude oil to the United States between 2011 and 2014, according to court documents seen by Reuters on […]
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Asian shares soar, dollar falters on slow-motion Fed
September 22, 2016/Reuters By Nichola Saminather and Wayne Cole | SINGAPORE/SYDNEY Asian shares rallied on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, knocking the dollar and lifting commodity prices. European markets are likely to […]
Naira falls to 428 per dollar
22/9/2016/Punch The Nigerian currency on Wednesday depreciated against the three major currencies in all the segments of the Forex market. The naira fell at the parallel market to N428 against the dollar, N550 against the Pound Sterling and N468 per Euro. The currency had exchanged for N424, N550 and N471 […]
