April 29
Zimbabwe: Zimbabweans Short-Changed As ZiG New Currency Resistance Grows
New Zimbabwe
DESPITE the recent launch of Zimbabwe Gold (ZiG) currency by the Reserve Bank, many Zimbabweans are finding themselves priced out of the market yet again. Read more »
Nigeria: Why Naira Depreciated By 23% in 4 Days - Currency Dealers, Analysts
Vanguard
A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the… Read more »
April 27
Zimbabwe: Reserve Bank Governor Asks MPs to Market ZiG in Communities
New Zimbabwe
RESERVE Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has appealed to Members of Parliament (MPs) to educate communities on the newly introduced currency, Zimbabwe Gold (ZiG). Read more »
April 26
Zimbabwe: Heads Will Roll - Vice President Chiwenga in Stern Warning to Gold Smugglers, Illegal Forex Traders
New Zimbabwe
Vice President Constantino Chiwenga has issued a stern warning to gold dealers and black market forex traders adding that strict measures will be put in place to curb leakages and… Read more »
April 25
Nigeria: Naira Stability Only Guarantee to Attracting Investments - Experts
Daily Trust
Experts in the trade and investment sector have called on the federal government to by all means maintain a level of stability in the forex market to guarantee meaningful… Read more »
April 24
Zimbabwe: Legislators Grill RBZ Governor Mushayavanhu Over ZiG's Failure to Purchase Fuel
New Zimbabwe
The Reserve Bank Governor (RBZ) John Mushayavanhu has said fuel pricing is being negotiated with suppliers and the outcome of the meetings will soon be made public. Read more »
Rwanda: Bitcoin 'Halving' - What Is It, Does It Matter?
New Times
Last week on Saturday, April 20, a group of individuals known as miners who are enthusiastic and obsessed about a digital currency called bitcoin gathered for a major event called… Read more »
April 23
Zimbabwe: Zimbabwe Authorities Troubled By Tumbling New Currency
VOA
Zimbabwean authorities responded swiftly to the recent decline in the new gold-backed currency by apprehending illicit moneychangers and closing the bank accounts of businesses… Read more »
Nigeria: The Naira's Recent Gains and the Road Ahead
Daily Trust
The naira has made a remarkable recovery, gaining 34 per cent since mid-March after losing 43 per cent of its value against the US dollar in the first two and a half months of… Read more »
Zimbabwe: Zim Chamber of SMEs Lauds Govt On Zig Currency
The Herald
The Zimbabwe Chamber of SMEs has hailed the Second Republic for introducing the ZiG structured currency, saying the landmark move is a tonic for accelerated economic growth as it… Read more »
April 22
Nigeria: Mixed Reactions Trail Video of Couple's Customised N200 Notes
Vanguard
A video circulating on social media has sparked controversy after it captured N200 notes featuring a couple's personalized photo and names. Read more »
Nigeria: The Naira Abuse Palaver [column]
This Day
There is no disputation that Naira abuse or more specifically the act of spraying money at social events has become an acceptable norm or cultural practice in Nigeria. Nigerians… Read more »
Zimbabwe: RBZ Must Keep an Eye On Those Who Feed the Black Market
The Herald
The new ZiG currency needs to be subject to largely stable exchange rates and be accepted and be as useful as possible as it grows to become first the main currency for… Read more »
April 21
Zimbabwe: 'Triple Spending' - Zimbabweans Bear Cost of Changing to New Zig Currency
New Zimbabwe
Local businesses, transport and even government services are rejecting old notes despite the unavailability of new ZiG bills until the end of the month. Read more »
Nigeria: Naira Will Continue to Appreciate Against the Dollar - Shettima
Leadership
Vice President Kashim Shettima has expressed optimism about the performance of Nigeria's currency, the Naira, at the forex market, saying it will appreciate more as the dollar… Read more »
Nigeria: The Implications of Naira's Unprecedented Rally [analysis]
Premium Times
Unprecedented, yes! Never has the naira made such a comeback against global currencies - especially the US dollar - as it has in recent times. Read more »
Nigeria: Need to Review the Naira Mutilation Law
This Day
There are sound financial and moral arguments against wilful mutilation of the Naira, Nigeria's national currency. Read more »
Nigeria: Fx Puzzle - Nigerians Query High Food Prices Despite Dollar's Crash
Vanguard
With Naira appreciating to N1, 300 to the dollar thus giving a ray of hope that the economy is recovering, Nigerians, including farmers and Civil Society Organizations, CSOs, are… Read more »
April 19
Zimbabwe: Zimbabwe's New ZiG Doomed By Overall Lack of Transparency [analysis]
ISS
Economic mismanagement has stripped citizens' trust in the government and threatens the new currency's viability. Read more »
Nigeria: Naira Abuse - Bobrisky's Conviction Selective Justice - Salami
Vanguard
Abuja-based public interest lawyer Barrister Temi Salami has criticized the Nigerian judiciary for what he perceives as a focus on minor offences over more significant cases of… Read more »
April 18
Nigeria: Naira Gains At Official Market Amidst Depleting Reserve
Premium Times
Market data published on the FMDQ website on Wednesday indicated that the naira closed at N1,072.74 against N1,148.14 recorded in the previous market session on Tuesday. Read more »
Nigeria: BDCS Now Buying Dollar At N980 - - Abcon President
Daily Trust
The Association of Bureau De Change Operators of Nigeria (ABCON) said the Bureau De Change (BDC) operators were buying dollars at N980/$ at the open market and selling at N1,020/$. Read more »
Zimbabwe: Illegal Forex Currency Dealers Chief Threat to Zig
The Herald
As the country embraces the new ZiG currency, it is important that we preserve its value for the economy to grow and, ultimately, lift the living standards of Zimbabweans. Read more »
April 17
Nigeria: Naira Dips to N1,050 As Foreign Reserves Deplete to 7-Year Low
Leadership
The value of the naira rescinded some of its gains yesterday selling at N1,050 to the dollar at the parallel market, as the external reserves of the country declined to its lowest… Read more »
Egypt: Dollar Exchange Rate Stable At Beginning of Wednesday's Transactions
Egypt Online
The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. Read more »