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
Category: Economy
Binance ends all Naira services
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
Adopt the Zimbabwean model to tame inflation, Obasanjo tells FG
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
CBN reduces Customs FX duty rate by 5.3% as naira stabilies
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
Why some SIM cards previously linked to NIN were barred – NCC
Our reporter/ The Nigerian Communications Commission (NCC) has explained that “people who probably didn’t get a cleared or verified NIN” have been barred because “the earlier ones they submitted was…
Read More Why some SIM cards previously linked to NIN were barred – NCC