Posted inNAIRA RATE NEWS FG Secures $3b Loan to Stabilize the FX Rate as Naira Drops to N872 Following the Previous Week’s Hike to N930Following the previous week's rise of the Naira to an unprecedented rate to USD, the… Posted by By Tony Chimdiuto 17/08/2023
Posted inNEWS Kenya’s President Insists on Less Circulation and Trading With Dollar In Africa.Kenya's President William Ruto has again urged African countries to consider settling cross-border transactions with… Posted by By Ekenedilichukwu 21/06/2023
Posted inEconomy General News CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices To Over N700/ Dollar.On Wednesday, The Central Bank of Nigeria directed Deposit Money Banks to remove the rate… Posted by By Ekenedilichukwu 15/06/2023
Posted inNEWS Dollar USD Deposits In Nigerian Banks Takes 40% of The Total Deposits; IMF.Deposits in Nigeria banks make up 40% United States (U.S.) dollars, the International Monetary Fund… Posted by By Ekenedilichukwu 08/05/2023
Posted inEconomy Fintech NEWS REGULATIONS Central Bank of Nigeria Ends Dollar Charges On Domestic Card Transactions.The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Thursday declared… Posted by By Ekenedilichukwu 27/01/2023
Posted inFunding NEWS REGULATIONS TRADING Ghana Cedis Makes A Comeback As Best Performing Currency Against Dollar.Ghana’s national currency, cedis took the title of the world’s best performer against the dollar… Posted by By Ekenedilichukwu 12/12/2022
Posted inAltcoins NAIRA RATE NEWS Naira Appreciates Against Dollar Amidts Crypto Market Chaos.After two weeks of depreciation against foreign currencies, the naira has rebounded in the parallel… Posted by By Ekenedilichukwu 11/11/2022
Posted inFeatures NEWS TECHNOLOGY TRADING Bank Of Ghana Maintains Ban On Dollar Price Quotations, Following Call Out By Actress Lydia Forson.Recently, the Bank of Ghana warned businesses quoting U.S. dollar prices that the practice remains… Posted by By Ekenedilichukwu 06/11/2022
Posted inEconomy Fintech Egyptian Banks Reduce Withdrawal Limit For Travelers Over Scarce Dollars.Egyptian banks recently tightened limits on foreign currency withdrawals from local currency accounts as they… Posted by By Ekenedilichukwu 13/10/2022
Posted inEconomy Fintech NEWS Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.Nigerian currency recently lost further ground against the US dollar after the naira’s parallel market… Posted by By Ekenedilichukwu 03/10/2022