Money market

Naira trades flat at I & E FX window

By Kayode Tokede Naira traded flat at Investors & Exporters Foreign Exchange (I & E FX) window on Friday at close at N410 against the Dollar. The Naira remained stable against the Dollar at the Investors and Exporters window on…

Heritage Bank promotes creative industry

By Kayode Tokede Heritage Bank Plc has reiterated its commitment to the growth and development of the creative and entertainment sector by supporting the “Rita Dominic Acting Challenge.” Heritage Bank in collaboration with a foremost Nigerian Actress and Co-Founder of…

Naira at I & E FX market closes flat

By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) window closed flat against the Dollar at N410.00 on Thursday. The local currency at the IEFX window gained by 0.01per cent and 0.39 per cent…

Foreign reserves drop by $35.9m in 1 day

By Kayode Tokede The Central Bank of Nigeria (CBN) has disclosed that the foreign reserve dropped by $35.9million in one day from $35.22billion on Monday to $35.18billion on Tuesday. Our correspondent gathered that foreign reserves in April have been on…