Foreign exchange
Apr
20
2024
Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency
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The Nigerian central bank governor has refuted claims that the bank… More…
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Apr
10
2024
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans
The Central Bank of Nigeria has barred the use of foreign exchange… More…
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Apr
06
2024
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
The Reserve Bank of Zimbabwe has introduced a foreign exchange and… More…
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Mar
20
2024
Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian Authorities
A Nigerian high court has ordered Binance to provide the Economic… More…
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Mar
12
2024
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
The Economic Intelligence Unit has stated that the Central Bank of… More…
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Mar
08
2024
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
Authorities in Egypt recently allowed the local currency’s exchange… More…
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Nov
23
2023
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
The Bank of Ghana recently pointed the finger at eight money transfer… More…
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Nov
10
2023
Nigerian Central Bank Dismisses Old Naira Banknote and Cash Shortage Rumors
The Nigerian central bank has dismissed rumors suggesting that the… More…
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Oct
26
2023
Nigeria Plans to Include Fintechs in Broadened Official Currency Market
A Nigerian official recently said the foreign exchange-starved … More…
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Oct
15
2023
Nigerian Central Bank Lifts Forex Restrictions on 43 Items — Market Forces to Determine Exchange Rate
The Nigerian central bank said on Oct. 12 that it had lifted foreign… More…
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