In a recent development expected to reverberate through financial markets, the U.S. Treasury is set to announce "broad increases" in...

The Central Bank of Nigeria (CBN) has recently unveiled alarming statistics, revealing that Nigeria's Net Foreign Assets (NFA) have nosedived...

In a significant development, the Federal Government, acting through the Nigerian Shippers Council (NSC), has made sweeping changes to port...

Deutsche Bank saw its shares rise on Wednesday after the financial institution exceeded expectations in its thirteenth consecutive profitable quarter....

In a pivotal move to address the persistent issue of liquidity in Nigeria's foreign exchange market, President Bola Tinubu has...

The economic landscape in Kenya took a significant hit on Monday as the country's currency, the shilling, reached an unprecedented...

In a long-standing legal battle spanning over five years, Nigeria has achieved a significant victory in preventing the enforcement of...

As American banks close out yet another quarter marked by surging interest rates, concerns about diminishing margins and increasing loan...

The Central Bank of Nigeria (CBN) has issued a statement on Monday, seeking to dispel misconceptions surrounding its Central Bank...

The World Bank's latest report reveals that the premium between the parallel foreign exchange (FX) rate and the official rate...