CurrenciesShould African central banks pursue digital currencies?4 months agoA Central Bank Digital Currency (CBDC) is an electronic form of a country’s official currency. They have recently become a...
CurrenciesThis Local Currency Rises 12% Against the US Dollar7 months agoThe US dollar outperformed all leading currencies this month including the Chinese Yuan, Japanese Yen, and the Indian Rupee. The...
CurrenciesProminent Trans woman in Nigeria arrested, charged with defacing currency8 months agoNAIROBI, Kenya — Some LGBTQ+ rights groups in Kenya have devised new security strategies to protect female community members from...
CurrenciesProminent transgender woman in Nigeria arrested, charged with defacing currency8 months agoEswatini police on March 28 detained a prominent human rights activist as she tried to return to the country. Tanele...
CurrenciesNigeria’s Naira Woes Point to Africa’s Bigger Currency Depreciation Problem9 months agoOn Tuesday, Nigeria’s central bank announced a supersized 400-basis-point rate hike in the fight against inflation and its depreciating currency....
CurrenciesWhy Nigeria’s Naira Currency Has Plunged and Dollars Are Scarce (NGN/USD)9 months agoNigeria pumps almost 1.5 million barrels of crude oil a day, making it the continent’s biggest producer. Yet this petrodollar...
CurrenciesNigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?9 months agoABUJA, Nigeria (AP) — Nigerians are facing one of the West African nation’s worst economic crises in years triggered by...
CurrenciesNigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?9 months agoABUJA, Nigeria (AP) — Nigerians are facing one of the West African nation’s worst economic crises in years triggered by...
CurrenciesEgypt currency crisis: Nigerian migrants fear detention9 months agoAs Egypt economy collapses, police harasses undocumented Nigerian migrants in foreign currency pushEgypt is asking undocumented migrants to pay a...
CurrenciesCITM registrar seeks law regulating possession of foreign currencies10 months agoThe Registrar, Chartered Institute of Treasury Management, Olumide Adedoyin, has called on the National Assembly to enact a law that...