Business

The dollar’s global dominance is starting to slip. This was the tell.

MarketWatch

The dollar’s global dominance is starting to slip. This was the tell.

President Donald Trump and Treasury Secretary Scott Bessent chalked up last week’s historic joint intervention to support the yen as a friendly gesture in support of an ally.

MarketWatch

Senegal Jails Three Pro-PASTEF Commentators for Offending the President

Senegal Jails Three Pro-PASTEF Commentators for Offending the President

A Dakar court has jailed three commentators from the pro-PASTEF outlet Feeñal Digital for offending President Bassirou Diomaye Faye in a TikTok video, handing down terms of two and three months plus fines of 500,000 CFA francs (about…

Nigeria’s NAICOM Issues New Licences to 43 Recapitalised Insurers

Nigeria’s NAICOM Issues New Licences to 43 Recapitalised Insurers

Nigeria's insurance regulator has issued fresh licences to the 43 insurers and reinsurers that met sharply higher capital floors under the 2025 reform act. Eight more firms are still under review, and up to 15 could lose their licences…

Bank of America Bets on South African M&A Wave Despite Global Uncertainty

Bank of America Bets on South African M&A Wave Despite Global Uncertainty

Bank of America says South Africa is well placed to attract foreign investment through mergers and acquisitions, and has promoted its South African investment banking head to run the business across the whole continent. Announced…

Sequoia Capital's $10 Billion Plan for the AI Economy

Sequoia Capital has backed many of the defining companies of the last half-century, from Apple and Google to Nvidia and SpaceX. Now, co-stewards Alfred Lin and Pat Grady join Bloomberg to discuss the firm's next chapter, why it made a…

Trump allowed to delay release of financial details in $10bn BBC defamation case

Trump allowed to delay release of financial details in $10bn BBC defamation case

US court agrees with emergency stay requested by lawyers acting for president’s investment trust

USD/JPY: Dollar Hedging Costs Jump as Warsh Ditches Fed Rate Guidance

Traders are rushing to hedge against swings in the US dollar ahead of Friday’s payroll numbers as Federal Reserve Chairman Kevin Warsh leaves Wall Street guessing at his next move.

Uefa doubles down on World Cup boycott in effort to oust Gianni Infantino

Uefa doubles down on World Cup boycott in effort to oust Gianni Infantino

Europe’s football governing body reiterates threat despite Fifa ditching plan to sell stake to external investors

CBN promises to sustain monetary, financial system stability

The Punch

CBN promises to sustain monetary, financial system stability

The Central Bank of Nigeria reaffirms its commitment to sustaining monetary and financial system stability, ensuring price stability and economic growth. Read More…

The Punch