Kenya’s Shilling Soars 17% Against Dollar Amid Rate Cuts and Falling Inflation
Kenyan Shilling Sees 17% Appreciation Against US Dollar Amid Interest Rate Cuts and Falling Inflation In a significant turn of […]
Global News
Currencies
Global News
NMBZ Holdings Suffers ZWG348m Loss in Currency Conversion
Financial Services Group NMBZ Holdings Reports $348 Million Loss Due to Currency Conversion In a recent announcement, NMBZ Holdings Limited,
Global News
Naira Depreciates to N1,645, Appreciates to N1,540 in NAFEM
Naira’s Unpredictable Dance: Appreciation and Depreciation in the Nigerian Foreign Exchange Market The Nigerian Naira has been experiencing a rollercoaster
Global News
Somalia’s Shilling Crisis: Urgent Need for New Banknotes Amid Financial Reforms
Somalia’s Upper House Convenes to Address Shilling Crisis In a move to stabilize the country’s financial system, Somalia’s Upper House
African Business News
Kenya’s Shilling Slumps Amid Protests and Moody’s Downgrade
Kenyan Shilling Slips Against Global Currencies Amid Ongoing Protests and Downgraded Credit Rating The Kenyan shilling has taken a hit
Global News
ECOWAS Urges Expedited Implementation of Single Currency Program
ECOWAS Calls for Expedited Implementation of Single Currency Program The Economic Affairs and Agriculture Department of the ECOWAS Commission has
African Business News
Zimbabwe’s New Currency in Crisis: Scarcity and Lack of Confidence Surrounds ZiG
Zimbabwe’s New Currency Faces Scarcity and Lack of Confidence The Zimbabwe Gold (ZiG) currency, introduced by the central bank on
Global News
Zimbabwe’s New Gold-Backed Currency ZiG Gains Strength Amid Nationwide Transition
Zimbabwe’s latest attempt at creating a stable local currency, the ZiG, has made a strong debut in the financial markets.
Global News
The Demise of the CFA Franc: Senegal Leads the Charge for Economic Sovereignty
The CFA franc, a colonial currency used in west and central African countries, is on the brink of extinction like