United States Dollar Index rebounds toward 100 amid US-Iran, Fed uncertainty
The US Dollar Index (DXY) stages a modest comeback on Monday as stronger-than-expected US manufacturing Purchasing Managers Index (PMI) data and uncertainty over...
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Yen holds gains after Japan, US confirm joint intervention, signal more action
Japan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and global economic...
US Intervenes to Support Japanese Yen: Here’s What to Know
A hundred dollar bill and 10,000 yen notes are seen in this photo illustration in Tokyo on Feb. 28, 2013. (Shohei Miyano/Reuters)
O Ministers of Finance, Commerce and Industry ... A little more is better than nothing
In his statement a few days ago, Finance Minister Dr. Yaqoub Al-Rifai emphasized the importance of “collecting fees from citizens.” This is the right of the...
CBE launches African Financial Stability Committee digital portal with AACB
The Central Bank of Egypt (CBE), in cooperation with the Association of African Central Banks (AACB), has launched the electronic portal of the African Financial...
Japanese Yen: Joint Intervention Signals Potential Turning Point – MUFG
BitcoinWorld Japanese Yen: Joint Intervention Signals Potential Turning Point – MUFG MUFG analysts suggest that recent joint intervention signals could mark a...
NEITI audit probe suffers setback as CBN, NDDC, NUPRC fail to appear before Senate
By Henry Umoru, Abuja The Senate Committee on Public Accounts’ planned investigation into the Nigeria Extractive Industries Transparency Initiative (NEITI) Oil...
Entrepreneur turns setbacks into services platform
The platform, called e-Rele, is expected to officially launch later this month.
Gold Slides Amid U.S.-Iran Standoff Despite Trump Canceling Planned Attacks
(RTTNews) - Extending the losses from Friday's session, gold prices have edged lower on Monday as traders assess the plunge in crude oil prices due to the...
West Africa’s 4th richest billionaire Femi Otedola says he is targeting majority ownership of Nigeria’s oldest banking giant after investing over $430 million
African billionaire Femi Otedola has publicly signalled his intention to eventually take majority control of First HoldCo, the parent company of First Bank, after...
Regular LNG arrivals guarantee continuous summer power generation, Egypt’s Petroleum Minister says
Shipments of liquefied natural gas (LNG) and petroleum fuel are arriving regularly to ensure the continuous operation of Egypt’s power plants and stabilise the...
Otedola signals plan to raise First HoldCo stake above 51%, says investment tops N600bn
Chairman of First HoldCo Plc, Femi Otedola, has indicated that he could increase his shareholding in the financial services group to more than 51 per cent, saying...