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Desperate Nigerians looking for new naira queue up at ATMs

Bloomberg Dozens of Nigerians queued at an ATM machine in the heart of the country’s commercial hub to get new higher denomination naira notes ahead of a February 10 deadline that will render old bills expired. The ATM belonging to Guaranty Trust Bank Plc was the only one dispensing the new notes on one of the busiest streets in the ...

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Stocks plunge with eyes on rate hikes; bonds decline

  Bloomberg Shares in Europe declined on Monday along with US equity futures as a note of caution crept in at the start of a week marked by interest-rate decisions and big-name company earnings on both sides of the Atlantic. The Stoxx Europe 600 index dropped about 0.6%, taking some of the luster off what was shaping to be the ...

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Taiwan stocks enter bull market as chip shares extend gains

  Bloomberg Taiwan’s benchmark stock gauge entered a bull market as trading resumed after the Lunar New Year holidays, with a broad rebound in chip shares boosting foreign buying in the market. The Taiwan dollar also strengthened. The benchmark Taiex index rose 3.8% on Monday, its best day since May 2021. That took gains from an October low to 22%. ...

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