U.S dollar gains strength, Investors turned to the dollar as their haven asset after the report cut their hopes for a potential cure for the COVID-19 virus.
The T-bills secondary market closed on a bullish note last week as the average yield fell by 38bps to close at 2.28% compared to 2.66% the...
Bitcoin, the world’s largest digital coin, briefly surged above the $10,000 mark, as demand for it gained momentum.
The exchange at the start of the week was N385.33.
Currency traders are expecting the naira to fall slightly today, due to the maturing $1.52 billion April 29 contract.
The downward slide of the naira in the parallel market appears to be continuing unabated as the slump in crude oil prices
Bitcoin has attracted hedge and quant traders who make money on short-term price swings.
As events in the oil market fallout, the US dollar hit a record high against the Naira in the non-deliverable forward's markets on Tuesday, April 21,...
A rising American dollar was causing damage in global financial markets, President Donald Trump has decided that a powerful U.S. dollar is a good thing
COVID-19 pandemic and the crash in oil prices have all but extinguished supply of dollars from the IFEX market (official market for trading forex).
