CBN denies naira devaluation to N630 per dollar report
By Business A.M. The Central Bank of Nigeria (CBN) has debunked a report by a national daily, claiming that the apex bank has devalued
Gold loses steam over higher dollar index
By Onome Amuge Gold lost its bullish direction as prices of the precious metal stumbled from a near seven-month peak, pressured
Gold rises over softer dollar as investors await Fed meeting
By Onome Amuge Gold futures soared to four consecutive sessions to end the week moderately higher, supported by a weakened dollar.
Copper trades higher on weaker dollar, easing China Covid curbs
By Onome Amuge Copper prices climbed into bullish territory in the week, propped up by a softer dollar and easing COVID-19
Gold in bullish run as dollar stumbles on dovish Fed
By Onome Amuge Gold grew firmer, en route to a weekly gain, buoyed by the dollar’s retreat on a perceived dovish tilt in the US
Copper advances over weak dollar, tight market fundamentals
By Onome Amuge Copper prices maintained an upward motion, underpinned by a weaker US dollar, though they ended the week with little
Gold topples dollar, crypto towards best week in over two years
By Onome Amuge Gold rose towards its best weekly performance in 30 months, buoyed by a drop in US inflation data which triggered
Naira firms at N730/USD, but analysts say gain unsustainable
By Business a.m. The recent recovery of the naira against the dollar, though good to tame the tide of rising inflation in the country,
NIGERIAN BREWERIES PLC – Still on track for a good year
BY VETIVA CAPITAL What shaped the past week? Global: With earnings seasons in full swing, investors across the globe were largely
Systemic corruption: Impact and repercussion on Nigeria’s economy (2)
BY SUNNY CHUBA NWACHUKWU. Nigeria’s currency, the Naira, for many years, was a legal tender of note and high value by all