SHANGHAI – China’s exports rose more than estimated in November, pushing the trade surplus to the highest in more than four years in a sign global...
BEIJING – Chinese regulators will clamp down on banks’ and companies’ use of foreign currency for trade finance by ensuring that trade deals are authentic and...
LAGOS – Banks inability to sell foreign exchange, especially the dollar to the public has put severe pressure on the exchange rate of the Naira to...
LAGOS – The market indicators of the Nigerian Stock Exchange (NSE) on Friday recorded further depreciation dropping by 0.33 per cent as a result of sell...
WASHINGTON – The dollar rose against most of its peers Friday, after government data showed the economy added more jobs than expected in November, bolstering the...
TOKYO – A reading on U.S. November nonfarm payrolls is due later Friday, and the much-watched outcome will help determine whether the Federal Reserve will start...
WASHINGTON – The World Bank Board of Executive Directors today approved US$228.5 million for a new push to boost water management in the Senegal River Basin...
JOHANNESBURG – Gabon expects to raise around $750 million through a 10-year Eurobond, according to the initial results of the combined bond buyback and new issue,...
KAMPALA – The Bank of Uganda sold half of the 15-year bonds it offered at an auction Wednesday, with the coupon almost matching yields on notes...
LONDON – The euro pushed higher Thursday as European Central Bank President Mario Draghi indicated that further monetary easing measures aren’t imminent. At its monthly policy...
