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Market Analysis: Nigeria inflation, Fed minutes and oil in focus 

    Market Analysis: Nigeria inflation, Fed minutes and oil in focus 

Inflationary pressures are gradually easing across the globe but remain rampant in Africa’s largest economy.  Unlike the United States which has witnessed consumer prices coming down from a peak of

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Brent crude passes $63 as risk-on sentiment soars

    Brent crude passes $63 as risk-on sentiment soars

Oil prices kicked off the week on a strong footing, hitting a new 13-month high in early Asian trade. The robust recovery in oil prices and industrial metals over the

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The winning habits of successful forex traders

    The winning habits of successful forex traders

BY ABIOLA AKINLEYE Who is a forex trader? A forex trader is an individual who exchanges one currency for another in the global financial market. The financial market is an over-the-counter

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Higher US interest rates burn through Nigeria’s reserves

    Higher US interest rates burn through Nigeria’s reserves

Defending the Nigerian Naira against the mighty Dollar has come at a steep price to the central bank of Nigeria in the form of falling reserves. Nigeria’s foreign exchange reserves

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INTERVIEW: Why CBN can’t cut interest rates now, by Lukman Otunuga

  INTERVIEW: Why CBN can’t cut interest rates now, by Lukman Otunuga

The monetary policy committee of the Central Bank of Nigeria has kept interest rate at 14% for two years. Analysts

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Naira stable as rand, peso tumble

  Naira stable as rand, peso tumble

The Nigerian Naira maintained stability against the Dollar on Thursday despite growing expectations over higher US interest rates this year.

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ALERT: Turkish lira crisis may put the naira at risk

  ALERT: Turkish lira crisis may put the naira at risk

The naira may be affected by the ongoing financial turmoil which has seen the Turkish lira lose 40% of its

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Global stocks crumble on risk aversion, Pound higher

  Global stocks crumble on risk aversion, Pound higher

Investors have entered the second trading quarter of 2018 on a mission to avoid riskier assets amid the escalating trade

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‘Nigeria’s economic recovery poised to build momentum in Q2’

  ‘Nigeria’s economic recovery poised to build momentum in Q2’

Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading quarter of 2018. The

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World Bank: Cryptocurrencies are basically Ponzi schemes

  World Bank: Cryptocurrencies are basically Ponzi schemes

Jim Yong Kim, World Bank president, says cryptocurrencies are like Ponzi schemes. Kim joined other experts who have warned against

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