Money

Nigerian Naira Depreciates Against US Dollar in Parallel and Official Markets

The Nigerian Naira has experienced a notable depreciation against the US Dollar in both the parallel market and the Nigerian Autonomous Foreign Exchange Market...

Target to Phase Out Personal Checks as Payment Option Starting July 15

Target, one of America's leading retail chains, has announced its decision to stop accepting personal checks as a form of payment beginning July 15....

Fifth Third Bank Agrees to $20 Million Settlement Over Fake Accounts and Illegal Auto Insurance Practices

Fifth Third Bank has agreed to pay $20 million in penalties to settle investigations by the Consumer Financial Protection Bureau (CFPB) into its fraudulent...

Paramount and Skydance to Merge in $28 Billion Deal, Ending Redstone Era

Paramount has announced its merger with Skydance, effectively ending the decades-long influence of the Redstone family in Hollywood. This merger injects much-needed capital into...

South African Rand Dips Following Federal Reserve Chair Powell’s Ambiguous Comments on Interest Rates

The South African rand saw a marginal decrease on Tuesday following Federal Reserve Chair Jerome Powell's testimony in Washington, which failed to provide a...

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