The naira will continue its appreciation against the US dollar and other key currencies as oil prices rebound, so says the British Standard Chartered Bank's head of African economic research, Razia Khan.

A Federal High Court sitting in Gombe, Gombe State, has convicted one Sale Mohammed to 30 years imprisonment, on a six-count charge of conspiracy and counterfeiting of Nigerian currency.

CARMAKER, Henry Ford, once said: "A business that makes nothing but money is a poor business." With Zimbabweans' obsession to make money, most people would probably disagree with Ford. After all, anyone with money is revered and commands respect.

Our countries are experiencing the effects of the slowdown in the world economy, triggered by the global financial crisis. Tackling the current challenges far exceeds the capabilities of a single country. These challenges require international coordination and inter-governmental collaboration. Thus,

Some fresh life was breathed into the efforts of the Economic Community of West African States (ECOWAS) for the realisation of a 10-year-old dream for a common currency.

We'll stay neutral in EUR/CHF for the moment until a break out of recent range. On the upside, break of 1.5234 will be taken an important signal that choppy correction from 1.5446 has completed and should bring stronger rally to

USD/CAD rebounds strongly today and with 4 hours MACD crossed above signal line, recent rally might be ready to resume. Break of 1.1447 will confirm and target 1.1475/1.1814 resistance zone next. On the downside, though, below 1.1230 minor support will

EUR/GBP's break of 0.8421 low confirms that recent fall has resumed. At this point, intraday bias remains on the downside and further decline should be seen to 100% projection of 0.9799 to 0.8635 from 0.9494 at 0.8330. Nevertheless, downside momentum

With 4 hours MACD dragged below signal line, recovery from 132.34 should be completed. Intraday bias is flipped back to the downside and break of 132.34 low should target a test of trend line support at 131.22. Break there will

GBP/JPY retreats mildly today but after all, it's still holding on above 157.34 minor support. Another rise is mildly in favor and above 159.58 will target a retest of 162.56 high. On the downside, below 157.34 will flip intraday bias

CHF The estimated test of key resistance range levels for the implementation of pre-planned short positions has not been exactly confirmed and preservation of technical outlook of forces allocation according to OsMA trend indicator does not give any changes in

Downside is under pressure today as Friday's attempt on breaching above the 1.4000 mark has been rejected at 1.4010. Support at 1.3880 - 50% of 1.3425-1.4340 is on focus and abreach lower will probably open 1.3750/75 - last week's low

Euro plunged again after taking resistance at 1.40 plus levels to 1.39 levels. Bias is clearly bearish . It is still maintaining a range bound move with the downward bias and breaking of 1.38 on a closing basis would push

After approaching the projected target of our Friday's reports bullishness, it's obvious that the pair is building the right shoulder of a classical [Head & shoulders pattern]. Now a downside movement is highly predicted on the intraday basis to resume

Pound/Dollar made a tentatively movement last week. The Cable attempted to rise, reaching a peak at 1.6554, closing the week lower at 1.6490. The Sterling is currently trading below 1.6450. However, there is a still minor ascending channel on the