This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...

LAGOS – An optimistic inflation trajectory outlook, supported by the naira appreciation developments in the foreign exchange market, would determine future MPC’s potential rate cut at the May policy ...

Domestic equity benchmarks continued their losing streak for the fifth straight day on Monday, taking cues from Wall Streets sharp decline on Friday. The sell-off in U.S. equities was driven by fears ...

U.S. stocks are recovering some of their sharp losses from last week. The S&P 500 rose 0.3% in early Monday trading.

Oyalowo said the interventions have helped to stabilise the Foreign Exchange (FX) market and the naira, in a statement he ...

Economist Bismark Rewane has backed the Central Bank of Nigeria’s (CBN) foreign exchange policies, stating that supporting an undervalued currency ...

Citadel Securities is shifting its stance on cryptocurrency and plans to enter the market as a liquidity provider for digital ...

China’s strategy of defending its currency by choking local liquidity is sending ripples throughout the financial system, squeezing banks and fueling losses at bond funds.Most Read from BloombergTrump ...

Moneyweek’s John Stepek looks at the implications of a yuan surge in global currency markets. In the short term, a... The latest results from the Presidential election have suggested that there ...

Oracle's currency headwinds in 3Q are expected to alleviate due to the weak dollar over the past few weeks. Check out why I ...

Large currency speculators in the Euro futures market continue to stay net short, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC).