Guidelines for PanAfrican payments and settlement system in Nigeria
On October 11, 2021, the Central Bank of Nigeria (CBN), issued the Guidelines on the Operations ...
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Tag: Real Time Gross Settlement
Zimbabwe to introduce a new currency
Zimbabwe central bank to introduce a new currency to address biting liquidity shortages in the economy ...
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Blockchain, Digital Assets and Africa
It is no secret that digital assets create a secure way for people to trade peer-to-peer, ...
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Afreximbank grants Zimbabwe interbank forex trade loan
Cairo-based Africa Export and Import Bank (Afreximbank) has extended an undisclosed amount in lines of credit ...
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Zimbabwe sets up foreign exchange market to preserve currency value
Zimbabwe is facing an acute shortage of foreign exchange which has led to the emergence of ...
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Zimbabwe banks comply with Reserve Bank FCAs directive
Local banks have started creating separate Nostro Foreign Currency Accounts (FCAs) and Real Time Gross Settlement ...
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