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Olayemi Cardoso also said the MPC noted a marginal increase in the external reserve balance of the country.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has attributed the recent volatility in the foreign exchange market leading to the recent depreciation of the Naira against the dollar to “seasonal demand” for the…

Citing the sharp increase in forex demand, which, according to them, was caused by portfolio investors repatriating their earnings and exiting the country, analysts at Financial Derivatives Company (FDC) Limited have said that they expect…

The death of Iranian President Ebrahim Raisi in a helicopter crash Sunday quickly set in motion a leadership transition that officials insisted would leave the Islamic republic in steady hands and would probably lead to little change in…

Even with big events happening in the Middle East, oil trading has been relatively lackluster as volatility seeps out of the market.

The Iranian president’s death comes at a time of uncertainty as the Islamic Republic and Israel remain engaged in an escalating confrontation.

Ether's (CRYPTO: ETH) price action could become increasingly volatile ahead of this week's spot exchange-traded fund filing decision deadlines, analysts say. "In the lead-up to the spot ether ETF approval decision deadlines ...

Tribune Online; Project cargoes litter Lagos ports as FX volatility bites

Nigeria’s foreign exchange (forex) reserves sustained recovery with addition of $195.01 million to close weekend at $32.64 billion, raising expectations of improved liquidity in the forex market. Weekend’s accretion was...

Get latest articles and stories on India at LatestLY. Amid stock market volatility, the Congress on Sunday accused Home Minister Amit Shah of inciting "fear-mongering" and said an INDIA coalition government shall herald a new age of stable…

Investors in TriplePoint Venture Growth BDC Corp (NYSE: TPVG) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $5 Call had some of the highest implied volatility of all…

Get latest articles and stories on Business at LatestLY. The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200…

TBO Tek Ltd saw a spectacular debut on the Indian stock ex

Under the zero-emission vehicle mandate, car makers must increase the proportion of electric cars they sell. This year, 22% must be electric.

The group saw used car prices drop by 10.3% between October and December as values tumbled following steep gains in the previous few years

As the meme stock mania 2.0 enters its second day, records are being broken left, right, and center. However, the nemesis of retail traders - those pesky institutional short-sellers - are not falling into the gamma trap for now, which will…