Finance
CBN injects $413.5m to defend the Naira
The Central Bank of Nigeria (CBN) injected $413.5million into the inter-bank Foreign Exchange market Monday. “The CBN offered the sum…
Lower interest rates, yields seen in Nigeria as risk factors dissipate
Market forces may soon drive down interest rates and yields on fixed income securities in the short-term researchers at FSDH…
Philip Green fashion empire hit by 16% fall in profits
Sir Philip Green's fashion empire suffered a 16% fall in profits last year as the billionaire's Topshop to Miss Selfridge…
US trade deficit widens in April
The US trade gap widened in April for the second straight month as Americans bought more imported consumer goods, the…
Basel III reforms package closer to being finalised
A long-awaited package of reforms designed to stop banks gaming post-crisis rules will be finalised “in the near future”, according…
Euro rebounds to six-month high on Merkel while dollar steadies
The euro climbed to a six-month high, rebounding from an early decline, after Chancellor Angela Merkel said the common currency…
