Chinese yuan

By CHUKWUMA KELECHUKWU  The Naira strengthened by 0.05 percent N360.57 at the investors and exporters foreign exchange (I&E FX) window and by 0.28 percent to N360.00 at the parallel market on Monday following the Central Nigeria…

Asian shares advanced again on Tuesday while major currencies held on to gains as the U.S. and Mexico made a deal to overhaul the North American Free Trade Agreement. Oil prices were buoyant, with Brent up 25 cents to 76.46…

Nigeria’s central bank will start to auction the Chinese yuan within the next month at an exchange rate to be set via book building, an official said on Thursday, in an attempt to reduce its reliance on the U.S. currency for imports from…