Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

New data has revealed that the value of Nigerian currency fell in the official and unofficial foreign exchange markets ...

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 ...

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 ...

THE Federal Government has reiterated its opposition to the use of foreign mercenaries in tackling its security challenges, ...

The Chinese Yuan weakened to a 16-month low on Wednesday, just ahead of the inauguration of US President-elect Donald Trump.

The Nigerian naira extended its gains against the dollar at the official foreign exchange market to close trading on Friday. Exchange data from the Central Bank of Nigeria showed that the naira ...

China is keeping its hand firmly on the yuan, supporting the currency via the official daily reference rate after it slid to the weakest level since 2022 at year-end in offshore trading.