Authorities now want the new unit to supersede the US dollar, which since 2009 has functioned as a dual transacting currency.

The Stakeholders in Blockchain Technology Association of Nigeria on Tuesday called on policymakers to support the use of ...

According to the American President, losing the US dollar as the “world standard” would be akin to losing a “major world war” ...

U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, ...

New housing developments — from sleek apartments to gated villas — are no longer priced in shillings but in dollars.

Nigeria’s currency the Naira appears to be decoupling from the price of oil, the nation’s main foreign-exchange ...

PAPSS launches platform performing direct currency conversion and fostering economic integration across Africa. The continent loses about $5 billion yearly due to lack of currency. In a bid to address ...

Nigeria’s naira has shown signs of stabilisation in recent months, diverging from global oil price trends and signaling a ...

Gold has historically served as a globally recognized store of value and a hedge against economic uncertainty, inflation, and ...

This next-generation Financial Market Infrastructure (FMI) represents a bold evolution of the PAPSS mission, addressing ...

Emerging market currencies recovered some of their losses after US President Donald Trump signaled he is open to negotiations shortly after setting tariff rates for more than a dozen countries. The ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may ...