More Pain? CBN Issues New Prudential Regulations That Limit How Much Forex Banks Can Borrow
The Central Bank is at it again!! They have now released a new prudential regulation that seeks to tighten the ...
Tag: Black Market
News and analysis about black market
US Says IS Earns $1M Per Day in Black Market Oil Sales
A Washington Post article quotes the U.S. Treasury Department as saying Islamic State militants are earning about $1 million a ...
B-E-W-A-R-E: SEC cancels ‘black market’ Trading of Shares, bonds. E.g Wamco, Fan Milk, IGI
Securities and Exchange Commission (SEC) has concluded arrangements to proscribe underhand trading in the shares of unlisted public limited liability companies ...
This Chart Shows How Quickly Nigeria’s External Reserve Has Depleted Over The Last 12 Months
The Nigerian external reserves has witnessed a massive decline over the last 12 months. Back in April 2013 it ...
BACK ON TRACK? Naira Rises To Six-Week High
The naira rallied to its strongest level in almost six weeks as the Nigerian National Petroleum Corporation was sold dollars ...
Interbank Rates Rose To 18.5% on Friday 18th March
The Nigerian Interbank Offered Rates (NIBOR) increased significantly to an average of 18.5 per cent on Friday, as against the ...
Naira Stabilizes After “Sanusi Shock”; Now N165.7 @ Interbank & N171 @ Blackmarket (24/2/14)
The naira was stable against the United States dollar at the Retail Dutch Auction System (RDAS) arm of the forex ...
Sanusi’s Removal Increased Forex Demand To $1billion in One Day
Thisday||The naira depreciated against the United States dollar last week as the suspension of Mallam Sanusi Lamido Sanusi as the ...
BlackBerry Shares Rises on The Back Of Facebook/WhatsApp Deal
TORONTO (Reuters) - Facebook Inc's stunning $19 billion bid for fast-growing mobile-messaging startup WhatsApp sent shares of BlackBerry Ltd surging ...
How The Emerging Market Sell Off Can Affects Banks and Off Course…You!!
I read this article on Quartz and I thought ian was an instructive depiction of why we should be worried ...
