By Peter Anene, Business Editor ✔ Verified Nigeria’s naira weakened against the US dollar across official and parallel foreign exchange markets last week, as rising currency pressures coincided with a
Zimbabwe’s central bank wants people to use the ZiG, a gold-backed local currency launched in April 2024, alongside the US dollar. A proposed real-time payment system based on Indian technology
The US Dollar to British Pound exchange rate is influenced by Federal Reserve and Bank of England policy, together with changes in the interest-rate gap between the two currencies. US
/Challenges Loom for Middle Eastern Financial Markets Amid Ongoing Conflict – Financial markets in the Middle East are experiencing significant instability in 2026.– Volatility in currency, commodity, and digital-asset markets
Key Takeaways A soft currency is one whose value fluctuates lower relative to other currencies due to less demand in forex markets.Political or economic instability often leads to weak demand
A payment logo tells you how a transaction might begin. It does not necessarily tell you which currency an account holds, how a platform records the balance or what happens
In April 2025, a foreign exchange market survey conducted by the Bank for International Settlements (BIS), based in Basel, Switzerland, covering over 1,100 financial institutions in 52 countries and regions,
By Peter Egwuatu Currency in circulation in Nigeria rose by 81 per cent to N5.44 trillion in August 2026, from N3.01 trillion in August 2023, underscoring the continued strong demand
Sri Lanka’s banks increased lending to overseas borrowers by more than 50 percent in the year to June 2026, with offshore loans accounting for over a third of their outstanding
In this Jan. 30, 2017 file photo taken from a Mainichi Shimbun helicopter, a container terminal is seen at the Port of