The Central Bank of Nigeria has updated naira exchange rates against US dollar and other foreign currencies in the official ...

Chinese Ambassador Yu Dunhai announced Nigeria-China trade volume exceeded $20 billion in 2024, highlighting significant ...

The Suez Canal is fully prepared to operate at maximum capacity, welcoming maritime services from major shipping lines as ...

The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 183 pips to 7.1703 against the dollar on Tuesday.This is according to the China Foreign Exchange Trade System. In ...

Bayo Onanuga, spokesperson for the Presidency, has called on Peter Obi, the Labour Party’s presidential candidate in the last ...

The idea of breaking free from the U.S. dollar is not new in Africa, but it has gained momentum in recent years. In a context marked by high volatility in local currencies, challenges in accessing ...

For African states joining the BRICS group is the best way to truly obtain economic independence After the Suez Crisis of ...

The Nigerian naira has performed relatively better than other global currencies relative to the dollar's surging strength in ...

Monday, continuing its strong performance after an impressive jobs report on Friday, but the naira has been relatively ...

Foreign exchange is the lifeblood of global trade and commerce, and African banks are stepping into the spotlight as trailblazers in ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...