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Ifeanyi Onuba, Abuja the Central Bank of Nigeria on Tuesday wielded the big stick on 16 Deposit Money Banks as it stopped them from participating.
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How to Calculate Exchange Rate. If you're planning to go abroad and exchange your money for another currency, it's a good idea to figure out how much cash you'll.
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(Reuters) - Shares of Alphabet Inc, the new umbrella company for Google Inc, rose slightly in their first few minutes of trading on Monday. Alphabet's.
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Five commercial banks have been queried for manipulating foreign exchange (forex) transaction rates, The Nation learnt at the weekend. The Central.
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Barclays 186p Questor says AVOID INVESTORS in Barclays [LON:BARC] should be careful what they wish for. Former chief executive Antony Jenkins was sacked.
Over the last six years, the appreciation of the Chinese Yuan has been as reliable as a clock. Since 2005, when China tweaked the Yuan-Dollar peg, it has risen.
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How to Make Money in Forex. "Forex" is a shorthand way of referring to the foreign currency exchange. It's the market where currencies from different countries.
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Last week, when the Central Bank of Nigeria, CBN, rolled out its foreign exchange monetary policy, it was perceived by many Nigerian students as a step in the right.
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A move by four Arab states to blacklist dozens of figures with alleged links to Qatar could squeeze liquidity at Qatari banks which get a significant.
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In an effort to support and shore-up the value of Naira, the Central Bank of Nigeria (CBN) has flooded commercial banks with dollars.
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BAYO AKINLOYE A global rating body, Moody’s, has said many banks in Nigeria are struggling to handle diminishing foreign currency liquidity.
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Local banks are saying that new charges levied on US-dollar accountholders are related to higher costs associated with transporting and shipping the currency overseas.
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THE premium charged by dealers on foreign currency sold to importers on the black market is the key driver of increases in the prices of most basic.
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This article appeared in the South China Morning Post print edition.
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