CATEGORY
Currencies
Dollar Drought Haunts Frontier Economies
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As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on...
Asian Shares Fall As Yuan Near 8-Month Low On Rate Risks
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Asian shares fell on Thursday after global central banks reaffirmed their resolve to beat inflation, warning rates may need to rise further, while the...
Dollar Firm Ahead Of U.S Goods, Housing Data
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The U.S dollar held its ground against major currencies on Tuesday as tension in Russia simmered and traders looked ahead to U.S. data that...
Stocks Struggle To Shake Off Growth Amid Rates Fears
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Equity markets attempted on Tuesday to shake off recent weakness amid renewed expectations for further Chinese stimulus and optimism that a looming downturn economic...
Naira Falls By 0.66% Against Dollar
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The naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors and exporters window.
The naira...
Turkey’s Lira Sinks To Record Lows After Rate Hike
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Turkey lira weakened as much as 2.8% to a fresh record low early on Friday, extending losses as the central bank's large rate hike...
Why Opening eNaira Account A Game-Changing Opportunity
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The global payments landscape has evolved dramatically over the years, with digital payments now making the exchange of value easier, faster, and more reliable.
Today,...
Nigeria Onshore 5-year NDFs in big move down to $1/N569
Nigeria’s 5-year onshore Non deliverable Forwards (NDF) has posted its biggest move, a 27 percent depreciation (N156) to N569.69.
Along the curve the 1-year is...
Naira falls to $1/N440 at black market as CBN can’t meet demand
The Central Bank of Nigeria (CBN) resumed sales of dollars to Bureau Du changes (BDCs) for school fees and Small and Medium Enterprises (SMEs)...