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Naira/Yuan swap: A significant Chinese footprint on Nigeria's economy CENTRAL Banks, the world over, have responsibility for ensuring that a nation's currency reserves are held in instruments, which would protect the value of income and savings. Indeed, all CBN Governors have assured Nigerians of their recognition and awareness of this responsibility, but the actual ...
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Dentsply Sirona Reports First Quarter 2018 Results Reported net sales of $956.1 million increased 6.2% compared to $900.5 million in the first quarter of 2017. Sales growth was negative 1.1% on a constant currency basis. Net income attributable to Dentsply Sirona for the first quarter of 2018 was $81.2 million, or $0.35 per diluted share, compared to net ...
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CZI seeks nod to trade forex THE Confederation of Zimbabwe Industries (CZI) is lobbying the government to allow businesses that are earning foreign currency to trade with those that require it in a bid to reduce the cost of forex in the parallel market. BY MTHANDAZO NYONI. Addressing delegates at the Zimbabwe International ...
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Asia shares edge ahead, US crude tops $70 The single currency was last at $1.1973 EUR=D4, having been down as deep as $1.1911 on Friday. The dollar also reached its highest since December against a basket of currencies and was last trading at 92.463 .DXY. It had less luck against the Japanese yen, in part because strains in emerging ...
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