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Deal allows the two central banks to exchange up to five billion Emirati dirhams and 42 billion Egyptian pounds.

Khalifa Haftar, the strongman of eastern Libya, has placed his six sons in positions of political and military power. The deadly floods in Derna have seen his youngest, Saddam, rise to head of disaster relief management and the top of his succession charts. For Libyans, it spells more bad news.

From Aug. 1, Russia has initiated use of the digital ruble, a counterpart to both cash and non-cash forms of the currency.

Nigeria's suspended Central Bank governor has appeared in court in the economic hub of Lagoon on charges of illegal possession of a firearm and live ammunition

Why has a single joint statement not been released so far at any G-20 Ministerial meeting? What is the bone of contention? What are the ‘Bali Paragraphs’ and why are they being incorporated in the current document? As G-20 President, what is India’s focus?

Government lawyers say they secured a lower magistrate court order to hold Godwin Emefiele during investigation.

There's been a series of budget kites already flown, four months out, including a €1,000 tax reduction for middle earners and a €25 pensions and welfare rates hike

Godwin Emefiele was second-longest-serving governor of Nigeria’s central bank and oversaw its biggest economic downturn.

Godwin Emefiele arrested by state secret police at the weekend after his suspension by Nigeria’s president.