By Udeme Akpan, Energy Editor THE major oil marketers have sourced 148,463,142 litres of Premium Motor Spirit, PMS, also known as petrol from the Dangote Petroleum Refinery following increased ...

The Nigerian currency, the naira, staged a dramatic comeback in the official foreign exchange mart after depreciating for ...

Russia's central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial ...

Bitcoin (BTC) recovers slightly and is trading above $93,000 on Wednesday after declining 6% since Monday. The recent retracement in Bitcoin’s price aligns with a second straight day of outflows from ...

There were some surprises in the personal income data, which rose at double the pace in October compared to September. The ...

A senior Turkish central banker told international investors this week that authorities expect to intervene less in the ...

A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from November 12 to 26, ...

The Central Bank of Nigeria has mandated banks in the interbank FX market to move to the Bloomberg BMatch system for FX ...

South Korea's pension fund has been selling dollars in the onshore foreign exchange market in recent weeks, capping losses in ...

Egyptian traders made up 88.93% of total trading transactions, while Arab and foreign investors accounted for 5.49% and 5.57% ...

A minimum deal size of $100,000 is now required for interbank FX trading using the Electronic Foreign Exchange Matching ...

The Nigerian currency showed strength in the official currency market but remained lukewarm in the black market following the ...