Currencies

The wind of Central Bank Digital Currency (CBDC) is currently blowing across the globe with major Central Banks in the...

August 15, 2021, marked the fiftieth anniversary when the former President Richard Nixon announced the cessation of the gold-dollar exchange...

The Reserve Bank of India could  launch its first digital currency pilot programs by December. This was disclosed by the...

Thursday, 26th August 2021: The exchange rate between the naira and the US dollar closed at N410.88/$1 at the Investors...

Nigerian banks have warned that customers who do not comply with the new foreign exchange policy may face criminal prosecution...

Ghana's currency is facing a lot of pressure as the economy recovers and the demand for the dollar increases. Although...

Wednesday, 25th August 2021: The exchange rate between the naira and the US dollar closed at N412/$1 at the Investors...

As investors await the Fed's Jackson Hole symposium on Friday, the greenback hovered near a one-week low versus major peers...

Monday, 23rd August 2021: The exchange rate between the naira and the US dollar closed at N411.83/$1 at the official...

The Central Bank of Nigeria has advised microfinance institutions against engaging in certain prohibited activities, including wholesale banking and foreign...