20 bln USD idle in domiciliary accounts of Nigerians: Apex Bank

20 billion U.S. dollars is found to be idle in some domiciliary accounts of Nigerian citizens, which suggests sabotage as local currency continues to fall against dollars, says Nigerian Central Bank.

Canada sells off most of its gold reserves

Canada may be one of the world's biggest gold-mining nations but it is emptying its gold reserves.

Gold Move Center Stage in Global Reserve Currency Transition – Report

Demand for gold will increase as central banks of emerging market economies become increasingly interested in gold in the transition from one global reserve currency system to a greater number of other currencies.