FOREIGN MARKETS

By Lukman Otunuga Inflation in the world’s largest economy hit a new 40 year high at 7.9% in February thanks to strong demand and supply constraints. With inflation expected to remain at elevated levels due to the surge in global oil prices, consumer prices are expected to hit double digits...

Nigeria's currency window for investors and exporters has traded around $3.83 billion since it was established on April 24, traders said on Monday, with the naira trading more strongly than on the black market. The window, where buyers and sellers are free to agree an exchange rate, was introduced in...