The Nigerian currency has reversed its losses against the dollar in the official foreign exchange market, gaining N5 in the ...

US$11 billion. Lebanon’s reconstruction will require not only a huge amount of money, but also a real political commitment ...

Oligarchs, exiled leaders, hedge fund managers and high net worth locals have coexisted in a city where old and new money ...

Turkish police have seized a cache of counterfeit foreign currencies worth around $115 million (Ksh.14.8 billion) in Istanbul ...

A fresh wave of currency devaluation will hit big African economies in 2025 as Nigeria’s naira is projected to decline by at ...

The African Development Bank (AfDB) has predicted that about 21 African currencies, including the naira, will experience ...

Colorful career criminal Willie Sutton once may (or may not) have been asked why he robbed banks. “Because that is where the ...

In the face of continued economic vulnerability and uncertainty across the continent, major economies like Nigeria, Egypt, ...

The African Development Bank forecasts mixed performance for African currencies in 2025, with the naira and cedi expected to ...

A strong currency is one that trades where the world believes it should and stays there not by decree but by design.

In 2025, the Kenyan shilling (KSh) is projected to maintain relative stability or strengthen modestly. The African ...

At the backdrop of growing global financial market volatility, the African Development Bank (AfDB) has projected that the naira will depreciate by at least 6% between 2025 and 2026.