Money Market

Update

AfDB approves US $310 million Trade Facilitation Loan for Ecobank Transnational Incorporated

September 27, 2016/AfDB The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, September 21, 2016, in Abidjan, a US $310 million trade finance loan for Ecobank… Read more »

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Naira Hits New Historic Low; Plunges to 450/$ as Acute Shortage Hit Hard

By InvestAdvocate Lagos (INVESTADVOCATE)- The naira on Tuesday hit a new historic low as it tumbled to 450 against the United States dollar at the parallel market on Tuesday, down… Read more »

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Chronic forex shortage pushes naira to 445/dollar

27/9/2016/Punch Oyetunji Abioye The naira tumbled to 445 against the United States dollar at the parallel market on Monday, down from the 440 recorded on Sunday. The chronic dollar shortage… Read more »

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