While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply…
The Debt Management Office (DMO) has explained that the rise in Nigeria’s public debt stock is partly due to exchange rate volatility, new borrowing, and Ways and Means securitisation. In …
Investors in Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $2.50 Put had some of the highest implied…
In 2024, variable rate (short put) issuance is up 6.4% increase year-over-year, LSEG data shows. Few expect issuance to return pre-financial crisis levels.
Governor of the Central Bank of Nigeria Olayemi Cardoso has expressed satisfaction with the progress in stabilising the naira, stating that extreme volatility may be a thing of the past. “I do believe that we have more or less seen the…
The Governor of the Central Bank, Yemi Cardoso, stated that the country has already experienced the worst of naira volatility regarding foreign exchange.