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Nigeria: Decline in Currency in Circulation Recorded After Five Months
The total currency in circulation within the country has experienced a decline, moving from N2.6tn (N2,603,266m) at the close of June 2023 to ...
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Zimbabwe’s Central Bank to Introduce Gold-Backed Digital Tokens for Everyday Transactions
The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in its plans to launch Gold-Backed Digital Tokens (GBDT) for public use in ...
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Nigeria: Repayment of $3.4 Billion IMF Loan Set During Bola Tinubu’s Administration
The present administration under Bola Tinubu is anticipated to fully settle a $3.4 billion debt owed to the International Monetary Fund (IMF) during ...
News
Nigeria: CIBN Commends CBN’s Exchange Rate Unification Efforts, Highlights Positive Outcomes
The Chartered Institute of Bankers of Nigeria (CIBN) has lauded the initiatives led by President Bola Tinubu aimed at stabilizing Nigeria’s foreign exchange ...
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Nigeria: CBN Revives BDC Operations and Introduces New Mechanism for Bureau De Change Activities in Nigeria
The Central Bank of Nigeria (CBN) has taken significant steps to enhance the efficiency of the Nigerian Foreign Exchange Market by reintroducing Bureau ...
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Nigeria: Farm Central Intelligence Emerges Winner at AFEX Code Cash Crop 4.0 Ag-hackathon
AFEX, Africa’s leading commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology, finance, ...
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Nigeria Set to Join Next Phase of AfCFTA’s Guided Trade Initiative
Segun Awolowo, the Executive Secretary of Nigeria’s National Working Committee for the African Continental Free Trade Area (AfCFTA), has affirmed the country’s readiness ...
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Nigeria: CBN Launches Foreign Exchange Price Verification System Portal
The Central Bank of Nigeria (CBN) has introduced a dedicated foreign exchange price verification system portal, aiming to facilitate importers’ access to foreign ...
Nigeria
Nigeria: NDIC Launches Investigation into Directors and Officers of Revoked Banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced its plans to initiate an investigation into the directors and officers of the 183 banks ...
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SA: FNB Continues Reign as South Africa’s Most Valuable Brand
FNB has once again clinched the coveted title of South Africa’s Most Valuable Brand in the 2023 Kantar BrandZ Most Valuable South African ...