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20th Aug 2018 @ 19:34

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Nigeria’s inflation drops to 11.14% in July — NBS

Naira
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measured inflation for July dropped to 11.14 per cent (year-on-year) from 11. 23 per cent recorded in June.

Absence of judge stalls El-Zakzaky’s trial

El-Zakzaky
The absence of Justice Gideon Kurada of a Kaduna High Court on Thursday staled the arraignment of the leader of the Islamic Movement in...

CBN Injects $210m into Foreign Exchange Market

Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the system.

CBN injects $210m as naira appreciates to N360.28/$

CBN Gov. Godwin Emefiele
The Central Bank of Nigeria (CBN) yesterday injected $210 million into the foreign exchange market even as the Naira appreciated by 8 kobo  to N360.28 per dollar in the Investors’ and Exporters’ (I&E) window.

Breaking: Britain plans to add Naira as trade currency

Naira
Britain’s export finance agency’s plan to add the Naira to its list of pre-approved currencies would boost the value of Nigerian currency, an economist, Prof. Okey Onuchuku has said.

Breaking: NSE introduces new share pricing regime, Experts commend

Nigerian Stock Exchange (NSE) market floor
Some financial experts have commended the new share pricing method of the Nigerian Stock Exchange (NSE).

Nigeria’s inflation drops to 15.37% in December 2017 – NBS

Naira
The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.37  per cent in December 2017 from 15.90 per cent recorded in November of the same year.

Bitcoin Plunges As Investors Suffer ‘Reality Check’

Bitcoin
Bitcoin prices plunged by a quarter on Friday as investors cashed out just before Christmas after the wildly volatile currency’s stratospheric rise in recent weeks.

Bitcoin makes muted stock exchange debut at $15,000

Bitcoin
Cryptocurrency Bitcoin made its debut on a major bourse Sunday, opening at $15,000 per unit at the Chicago board options exchange.