Currency devaluation ditches Nigerian economy
Currency devaluation was pointed as the reason behind ditching Nigeria’s economy which fell to the fourth place in the list of Africa’s largest economies, while […]
Finance
Italy offers Tunisia €105 million in aid to state budget
Italy said it will offer crisis-hit Tunisia 105 million euros in budget assistance and credit lines, as Rome looks to its North African southern neighbors […]
Ghana Unable to Secure Debt Agreement with Global Bondholders
Ghana’s attempts to restructure its $13 billion international bond debt have hit a snag, according to government sources on Monday, dealing a setback to its […]
Zimbabweans Compelled to Utilize US Dollar Amid Delay in Introduction of New Currency, ZiG
Informal traders in Zimbabwe, comprising approximately 75% of the nation’s workforce, have ceased accepting the ZIMdollar, also known as the RTGS dollar, due to concerns […]
Sudan’s ‘forgotten war’: intl. conference in Paris to seek global attention, funds
An international conference on Sudan hosted by France on Monday (15 April), exactly a year after war broke out in the northeast African country, seeks […]
EU executive urged to investigate misuse of EU funds in Senegal to crush protests
A European Parliament’s committee has called for an investigation into the alleged mismanagement of EU funds in Senegal after a joint investigation by Al Jazeera […]
Nigeria Brings New Allegations Against Former Central Bank Chief
The former chief of Nigeria’s Central Bank, Godwin Emefiele, is slated to appear in a Lagos courtroom on Monday due to newly filed corruption and […]
Zimbabwe Launches New Currency Amid Economic Turmoil
On Friday, Zimbabwe introduced a new currency, ZiG, to stabilize its economy and replace the previously depreciating currency, which faced rejection by its citizens. This […]
S&P Affirms Morocco’s Ratings at ‘BB+/B’ with Positive Outlook
American credit rating agency Standard & Poor’s has affirmed Morocco’s long- and short-term local and foreign currency sovereign credit ratings at ‘BB+/B’ with positive outlook. […]
Central Bank of Nigeria Establishes Minimum Capital Base Requirements for Banks
The Central Bank of Nigeria has introduced revised minimum capital requirements for banks in a move aimed at bolstering their resilience and fortifying the country’s […]