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Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

The bank’s director for risk management also stated that street trading of foreign exchange is now prohibited.read more

IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’

IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’

Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market

Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market

Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains

Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains

Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar

Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar

Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency

Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans

Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans

Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’

Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’

Court Orders Binance to Hand Over 'Comprehensive' User Data to Nigerian Authorities

Court Orders Binance to Hand Over 'Comprehensive' User Data to Nigerian Authorities

Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement

Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement

Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions

Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions

Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls

Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls

Nigerian Currency Depreciation: Central Bank Head Reaffirms Commitment to Reviving Confidence in the Economy

Nigerian Currency Depreciation: Central Bank Head Reaffirms Commitment to Reviving Confidence in the Economy

Nigeria Forex Crisis: Central Bank Removes Cap on Exchange Rate for International Money Transfer Operators

Nigeria Forex Crisis: Central Bank Removes Cap on Exchange Rate for International Money Transfer Operators

Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’

Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’

Ghana's Central Bank Names Eight Money Transfer Companies Operating Without Its Approval

Ghana's Central Bank Names Eight Money Transfer Companies Operating Without Its Approval

Nigerian Central Bank Dismisses Old Naira Banknote and Cash Shortage Rumors

Nigerian Central Bank Dismisses Old Naira Banknote and Cash Shortage Rumors

Nigeria Plans to Include Fintechs in Broadened Official Currency Market

Nigeria Plans to Include Fintechs in Broadened Official Currency Market

Nigerian Central Bank Lifts Forex Restrictions on 43 Items — Market Forces to Determine Exchange Rate

Nigerian Central Bank Lifts Forex Restrictions on 43 Items — Market Forces to Determine Exchange Rate

Tanzanian Central Bank Launches Foreign Exchange Reserves Boosting Gold Buying Scheme

Tanzanian Central Bank Launches Foreign Exchange Reserves Boosting Gold Buying Scheme

US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction

US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction

Nigerian Currency Falls by More Than 30% After Central Bank Announced New Forex Market Rules

Nigerian Currency Falls by More Than 30% After Central Bank Announced New Forex Market Rules

Tanzanian Central Bank Says Forex Restrictions Intended to 'Safeguard the Stability of the Financial System'

Tanzanian Central Bank Says Forex Restrictions Intended to 'Safeguard the Stability of the Financial System'

Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi's Depreciation

Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi's Depreciation

Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low

Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low

Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency

Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency

Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans

Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans

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