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Dollar’s Share of Reserves Held Steady in Second Quarter When Adjusted for FX Moves

(Credit: spawns/iStock by Getty Images)  October 1, 2025/IMFBlog By Glen Kwende, Erin Nephew, Carlos Sánchez-Muñoz Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, the euro, Japanese yen, Chinese renminbi, British […]

Nigeria at 65: A Nation Still Waiting for a Banking Revolution

October 1, 2025 By Blaise Udunze Sixty-five years after independence, Nigeria’s banking sector boasts towering profits and continental reach. Yet behind the glossy numbers lies a sobering truth: banks remain disconnected from the real economy, leaving farmers, small businesses, and entrepreneurs stranded. As the nation marks another anniversary, the call […]

LINX Head of Global Engagement Hailed for African Internet Peering Contributions with AfPIF Award

October 1, 2025/LINX The London Internet Exchange’s (LINX) Head of Global Engagement Nurani Nimpuno has been awarded with the Consistent Supporters Award at the African Peering and Interconnection Forum (AfPIF), praised for her contributions to advancing Africa’s Peering Internet ecosystem. Over the past two years, Nimpuno has taken LINX’s African […]