Nigeria’s central bank asks commercial lenders to allocate 60 percent of foreign exchange (forex) purchases to manufacturers.
Emerging-market assets decline on concerns Federal Reserve Chair Janet Yellen will signal the US central bank will raise interest rates this year.
More than two months after Nigeria allowed its currency to devalue, the country is starting to reap some dividends.
Iron-ore prices may soon sag as supply rises and steel demand fades, according to Citigroup.
Oil extends its retreat from a seven-week high on Tuesday amid supply concerns.
The surprising rebound in gold prices this year has given new life to unwanted jewellery and coins - in the melting pot.
The dollar shed 0.1 percent to 100.220 against the safe-haven yen amid a pullback in Tokyo stocks.
Asian shares inched ahead on Tuesday as a dearth of major data left markets with little to do but second-guess whether the ...
American stocks were little changed on Monday, as a drop in oil prices that weighed on the energy sector was offset with ...
Asian shares slipped on Monday as traders looked ahead to a US Federal Reserve gathering in Jackson Hole this week.
The dollar was up 0.5% at 100.760 yen on Monday, pulling further away from an eight-week low of 99.550 struck early last week.
Oil heads for its biggest weekly jump since March amid speculation that major producers will act to freeze output.
Europe's main bourses all followed Asian stocks higher on Thursday, breaking off from a losing streak at the start of the week.
SA’s rand was little changed in early trade on Wednesday ahead of political announcements of possible coalition governments in two key municipalities.
The dollar rebounded from seven-week lows against the yen on Wednesday after hawkish comments from Federal Reserve officials.