Bloomberg Nigeria’s central bank has a new plan to lure $200 billion of inflows to Africa’s biggest economy: make it attractive for exporters to bring home foreign currency. The central bank of Nigeria will stop selling the greenback to local banks and instead ask lenders to source foreign currency on their own. The regulator will offer long-term cheap credit ...

  Bloomberg HSBC Holding Plc shut some branches in Hong Kong, including the one in its main office, after several staff tested positive for Covid. HSBC is closing the BL1, L3, L5 and L6 floors which offer branch services at its main building in the Central district, the London-based bank said in a statement. Five branches in Tuen Mun and ...

  Bloomberg After their worst start to a year in decades, Treasuries are reasserting their haven status and eclipsing the appeal of riskier assets — a troubling combination for Bank of America Corp (BofA) strategists. US sovereign debt attracted $7.4 billion in inflows, the most since the coronavirus pandemic first struck, according to a BofA note citing EPFR Global data ...