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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Hosted by Bloomberg's Sonali Basak, "Next Big Risk" asks three titans of the financial industry what hidden risks they see coming in the next 5 to 10 years.
Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
Powerful stories, revealing conversations and animated explainers to help make sense of the world.
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The Nigerian naira extended its slump in black-market trading as the nation’s dollar shortage deepened two months after the central bank moved to a more flexible exchange rate to encourage inflows.
The currency of Africa’s biggest crude oil producer weakened to 923 naira per dollar, compared with 917 naira the day before, according to Umar Salisu, a bureau de change operator who tracks currency data in the nation’s commercial capital. Banks are unable to come up with the dollars to meet demand, and buyers are increasingly turning to the black market, widening the gap between the official exchange rate and the price on the street.