The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
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Naira rally narrows FX gap to just N10 as CBN targets $1bn monthly remittances
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Naira hits highest level in months at N1,497 per dollar, black market rates appreciate
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Food prices: Rice, beans, garri crash in markets as Tinubu gives order to FEC
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Opportunities: UNICEF internship, FG cash transfer, SMEDAN grants you shouldn't miss
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'Serious business': influencer degree launches in Ireland
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In Mozambique, cigars 100% made in Africa
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Is Musk's million-dollar US voter lottery legal?
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Britain seeking EU trade reset: minister
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Most Asian markets drop as traders weigh US rates outlook
Most Asian markets turned lower Tuesday after a negative lead from Wall Street fuelled by profit-taking, while traders try to ascertain the outlook for US interest rates. After the tepid lead from Wall Street, Asia struggled.
Report predicts drop in inflation, new exchange rate by year end
According to Norrenberger, Nigeria's inflation is predicted to decline year end as long as efforts by the country's fiscal and monetary authorities are strengthened.
Venezuela arrests ex-oil minister accused of US links
Venezuela on Monday announced the arrest of a former oil minister accused of links to a firm controlled by US intelligence services -- the latest scandal to shake the crisis-hit country's energy sector. They are accused of crimes including "the delivery" of PDVSA's automated control system "to a company controlled by the US intelligence services," it said, without naming the other detainees.
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