The International Monetary Fund (IMF) says Nigeria must prioritise addressing food insecurity. The IMF stated this in a report after its team, led by Axel Schimmelpfennig, IMF mission chief for…
Read More Nigeria must address food insecurity urgently – IMF
The Bank of Ghana has suspended the forex licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN) due to breaches of foreign exchange market regulations and…
Read More Ghana suspends FX licences of First Bank, GTBank
Our reporter/ Cryptocurrency exchange Binance has ended its naira services, the company said on Tuesday. It listed the timeline, asking users to take needed action. “Users are encouraged to withdraw…
Read More Binance ends all Naira services
Our reporter/ Elder statesman and former President Olusegun Obasanjo has advised the federal government to adopt the Zimbabwean model to weather the current storm of galloping inflation. He made the…
Read More Adopt the Zimbabwean model to tame inflation, Obasanjo tells FG
Our reporter/ The Central Bank of Nigeria (CBN) has reduced Customs FX duty rate by 5.3% to N1,544.081/$ due to stable naira-to-dollar exchange. This marks an N86.078 decrease from the…
Read More CBN reduces Customs FX duty rate by 5.3% as naira stabilies