Naira firms up against dollar at parallel market

The US dollar dominates the world of international trade and has a leading position in global foreign reserves. But could the Chinese Yuan or cryptocurrencies pose a challenge? This edition of Business Beyond considers the pros and cons of having a single currency with so much power.

U.S. Vice President Kamala Harris left Ghana and flew to the Tanzanian commercial capital, Dar Es Salaam, where she was greeted by Vice President Philip Mpango.

Following a foreign exchange auction at the end of last week, Nigeria's naira currency hit a record low on Monday as the central bank grapples with dollar scarcity and a backlog of demand for foreign currency.

President Joe Biden met with U.K. Prime Minister Rishi Sunak in Belfast, Northern Ireland on Wednesday as part of a visit to mark the 25th anniversary of Northern Ireland's 1998 peace deal.

China urges U.S. to explain leaked military documents.

The oil and gas industry is playing an important role in the energy transition by providing the affordable and reliable energy needed to fuel fair growth and improved living conditions for all, producing this energy with decreasing emissions to support a net-zero world.

The United States on Sunday sent a navy ship to Sudan to help evacuate American citizens who have been stranded in the country since fighting broke out earlier this month, two U.S. officials told Reuters.

The World Economic Forum is urging Nigeria to identify risk-hedging facilities to back the naira financing of clean energy projects due to the limited availability of dollar finances.

For decades, the US dollar has been king on the global stage. But more and more countries are looking to reduce their dependence on the American currency, saying they want to "de-dollarize" their economies. How realistic are their plans, and how would they work? Kate Moody talks to Ruchir Sharma, chairman of Rockefeller International and founder of Breakout Capital.

Saudi Arabia is putting billions into tourism. Once closed to the world, the country boasts heritage and natural wonders. But it's also dealing with a conservative culture, a dire human rights record and climate change.

As Pakistan spiraled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.