April 17
Nigeria: Naira Abuse - EFCC to Arraign Cubana Chief Priest Today
Leadership
Economic and Financial Crimes Commission (EFCC) will today arraign a businessman and socialite Pascal Okechukwu, also known as Cubana Chief Priest, before the Federal High Court in… Read more »
Nigeria: Naira Appreciation Will Impact Inflation Between Three to Six Months - - Teriba
Daily Trust
The chief executive of Economic Associates, EA, Dr Ayo Teriba, has said the recent Naira appreciation will impact the country's inflation between three to six months. Read more »
April 16
Zimbabwe: Zimbabwe's New Gold-Backed Currency Sliding On Black Market
VOA
Zimbabwe's recently introduced gold-backed currency is sliding on the local black market but officials insist the currency is getting stronger and has a bright future. Columbus… Read more »
Kenya: Kenya's Shilling Is Gaining Value, but Don't Expect It to Last - Expert [analysis]
The Conversation Africa
Shortly after Kenya's 2022 elections, the shilling depreciated rapidly against the US dollar - the country's main currency for international transactions - fuelling a wave of… Read more »
Zimbabwe: Mutsvangwa Slams Anti-Govt Economists, Supports ZiG Currency
263Chat
Zanu-PF national spokesperson Christopher Mutsvangwa has launched a scathing attack on anti-government economists who have been critical of the new ZIG currency. Read more »
Zimbabwe: Effective Action Needed to Tame Black Market
The Herald
The foreign currency black market in Zimbabwe can be a major nuisance, and can, as it has done in the past, distort economic dealings and open opportunities for those who wish to… Read more »
Zimbabwe: Stable Currency Crucial for Manufacturing Sector Growth
The Herald
In the complex web of economic progress, the manufacturing sector is fundamental, serving as a pivotal force that converts raw materials into products essential for driving… Read more »
April 15
Zimbabwe: Zimbabwe's Gold-Backed Currency Surges Amid Market Skepticism
New Zimbabwe
Zimbabwe's newly launched gold-backed currency, known as the Zimbabwe Gold (ZiG), has hit the ground running, gaining 1.1 percent against the U.S. dollar in its first week of… Read more »
Nigeria: Nigeria's Inflation Hits 33.20 Percent Amid High Food Prices
Premium Times
The food inflation rate in March 2024 quickened to 40.01 per cent on a year-on-year basis Read more »
Nigeria: Naira Surges Against Dollar, Hits 5-Month High
Leadership
The Naira experienced a significant rally against the US Dollar, breaking through critical resistance levels to trade below N1,000 in some segments of the black market as of late… Read more »
April 14
Nigeria: Naira to Emerge Best Performing - Goldman Sachs
Leadership
With the value of the naira already stronger at around N1150 to the dollar at the parallel market, a big jump from the low of N1890 which it was earlier this year, Goldman Sachs… Read more »