The Nigerian Naira maintained stability against the Dollar on Thursday despite growing expectations over higher US interest rates this year. It is becoming clear that that the Central Bank of
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It has been a painful week of trading for the dollar. The Greenback has essentially reversed its recovery from the previous two trading weeks, to return back towards levels not
After months of ongoing speculation, the overnight climax with Jacob Zuma resigning from his position as President of South Africa has lifted the Rand to its highest level since March
The Nigerian naira took a dive on Thursday at both parallel and official markets, becoming the worst performing currency in Africa in 2016. The naira, which began trading at around
MTN Nigeria has set aside N120 billion (R9.287 billion) for the settlement of a N780 billion fine imposed on it
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