Finance
Russian cenbank says it carried no FX interventions on Monday due to sanctions
The Russian central bank, which raised its key rate to 20% in an emergency move, did not carry out foreign currency interventions on Monday due to the latest Western sanctions, Central Bank Governor Elvira Nabiullina. Nabiullina did not say who was selling dollars and euros on the market on Monday that helped the rouble recover from record lows. Nabiullina said the central bank stood ready to support the banking sector that turned into a structural deficit of liquidity due to high demand for cash. Reuters
-
Uncategorized2 days ago
June 12 Democracy Day declaration not enough, as citizens wallow in pain – ActionAid, FG declares Friday public holiday
-
Finance15 hours agoElon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
-
Stock Market15 hours agoFG to raise N4trn bond to settle electricity debt
-
Economy2 days agoNigeria’s Digital Boom needs nuclear power partnerships for long-term success
-
News2 days agoCardoso formally receives Central Bank of the Year Award
-
Oil and Gas2 days agoNNPC is house of thieves, fraud; Kyari must be arrested dead or alive to account for N210 trillion—Oshiomhole
-
Oil and Gas2 days agoDangote Refinery seeks $1bn private placement ahead of planned listing
-
News15 hours agoUK, Nigeria unveil £15m programme to boost investment