On Wednesday, the Canadian dollar experienced a decline against the U.S. dollar, while the yield on benchmark Canadian government debt rose. The loonie was trading 0.3% lower at C$1.3313 to the greenback, equivalent to 75.11 U.S. cents, fluctuating between 1.3267 and 1.3322 during the trading session.
Simultaneously, the yield on Canadian government 10-year bonds increased by 1.7 basis points, reaching 3.62%. In comparison, the yield on similar U.S. government benchmark debt rose to 4.0695%.
Meanwhile, U.S. September crude futures recorded an increase of 51 cents, reaching $81.88 per barrel on Wednesday.
Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…
Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…
The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…
The black market dollar to naira exchange rate for today, 22nd December 2024, can be…
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…
Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…
