The recent decline in China’s currency, the renminbi (RMB), to a 16-month low has raised concerns about the impact of
Seplat Energy, the Nigerian oil company that recently acquired the local operations of ExxonMobil, has announced plans to double its
President Bola Tinubu’s inaugural presidential media chat on Monday has sparked mixed reactions among Nigerians. The President’s insistence on continuing
Nigeria’s pursuit of foreign exchange (FX) reforms has encountered a significant challenge as the gap between official and parallel market
In every Nigerian budget, one of the key projections everyone looks out for is the exchange rate projections on which
Debt servicing is expected to gulp N15.18 trillion in the 2025 budget tagged “Budget of Restoration: Securing Peace, Rebuilding Prosperity”
The Central Bank of Kenya (CBK) is introducing critical reforms aimed at reinforcing the country’s banking sector by issuing draft
The Naira to Dollar rate fell to N1,750 on the parallel market popularly called the ‘black market’ on Wednesday as a
A report by BMI Research, a subsidiary of Fitch Solutions, forecasts significant constraints on the import of critical medical supplies
Gold traded strongly on Friday on the floor of the London Stock exchange. The precious metal benefited from safe-haven demands
Yemi Cardoso, Governor of the Central Bank of Nigeria, has emphasised that the devaluation of the naira presents an opportunity
The British pound fell 0.6% against the US dollar, reaching $1.30 on Wednesday after UK inflation came in lower than
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