NEW YORK – Stocks opened slightly higher on Monday, led by energy and healthcare shares, with the S&P 500 nearing resistance at its record high set...
BEIJING – China’s secretive currency managers certainly know how to conjure up a storm. The usually predictable Chinese yuan took a dive over the past week,...
SEOUL – South Korean’s won was the hardest hit among the region’s currencies by the Chinese yuan’s steep fall over the past week, reflecting the expanding...
ABUJA – The Nigerian naira fell 0.5 percent on Monday while yields on government debt were broadly stable, as offshore investors remained on the sidelines even...
BENIN – The Edo government is putting some measures in place to enable it to access the N220 billion Small and Medium Enterprises fund instituted by...
LONDON – European shares and the euro got a boost on Monday after German business morale unexpectedly rose in February, lifting investors out of a funk...
ABUJA– A change of leadership at Nigeria’s central bank will not affect the direction of monetary policy, and the bank has no immediate plans to devalue...
LAGOS – Investors on the Nigerian Stock Exchange (NSE) on Thursday bought 483.545 million shares worth N4.85 billion in 4,539 deals. This was against a turnover...
LONDON – European stocks declined slightly Thursday, as investors weighed up some patchy economic data.Markets opened on the back foot following the latest signs of a...
ABUJA – The continued reduction in the accretion to Nigeria’s foreign reserves, currently at $41.5 billion, and foreign portfolio investments (FPI) accounting for about $20 billion...