Update on Nigeria’s FOREX market
The Central Bank of Nigeria (“CBN”) issued a press release (“Press Release”) to authorized dealers and ...
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Tag: Currency
S&P raises Mozambique to CCC+ after selective default
Financial ratings agency Standard & Poor’s has raised Mozambique’s rating to CCC+, after placing the country ...
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How Nigeria’s new leader is trying to turn the economy around
Nigeria’s economy has been in the doldrums for years, hamstrung by an inefficient bureaucracy, policy missteps, ...
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Zimbabweans drive stocks up 600% in rush to dodge currency crash
Harare’s stock exchange is a favored haven for local investors Trade halted briefly last week after ...
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South Africa: Revix offers crypto investment bundles to curb rising inflation
In 2022, the country saw decade-high inflation of 7.2%, which weakened the South African rand and ...
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Zimbabwe devalues its dollar to try stabilize currency
Currency has lost more than half of its value so far this year IMF has urged ...
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