Tag: dollar

The Central Bank of Nigeria, CBN, has issued fresh guidelines on how licensed Bureau de Change, BDC, operators can purchase foreign exchange. The guidelines, signed by the CBN’s Director of the Trade and Exchange Department, Aderinola Shonekan, were issued in a circular dated July 15, 2026...

Yesterday, millions of Australians woke up to exactly that nightmare as Telstra suffered a catastrophic nationwide network outage. It turns out that when the nation’s largest telecommunications provider goes dark, everything from your morning coffee payment to the regional rail network grinds to a screaming halt. We have become so completely reliant on cellular connectivity

The Canadian Dollar (CAD) hit a bit of a soft patch on Friday, kicking off the first trading day of 2026 on the back foot. The Loonie is one of the worst performers for the day, shedding weight against all but one of its major currency peers...

Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said...

Posted by African Examiner Business News, Latest Headlines Tuesday, May 6th, 2025 (AFRICAN EXAMINER) – The dollar rose in Asia on Tuesday, fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose as investors await the Federal Reserve’s latest policy decision. Oil also staged a comeback after tanking on

Following the freezing of Russia-linked wallets holding USDT, the country’s Finance Ministry is now calling for homegrown stablecoin solutions pegged to alternative currencies, while officials warn that relying on tokens like USDT could harm Russia’s financial sovereignty.  According to a state media report, Osman Kabaloev, deputy head of the ministry’s financial policy department...

The US has been weaponising its currency — but that comes with a cost...

As part of its enforcement activities, the Food and Drug Administration sends warning letters to entities under its jurisdiction. Some letters are not posted for public view until weeks or months after they are sent. Business owners have 15 days to respond to FDA warning letters...