Nigeria's Currency Swap and Cash Scarcity | Report Desk Africa | 02-02-23

The recent currency swap from old notes to new notes in Nigeria has resulted in cash scarcity in the country causing immense frustration, as people are unable to go about their daily activities while businesses are unable to operate effectively.  Anchors Ben Akede Blessings Mosugu Guest Dapo Adegboye – News Central Correspondent Follow News Central […]

Nigeria's New Currency Swap: Central Bank Governor Extends Deadline Due To Cash Shortage

The Central Bank of #Nigeria Governor – Godwin Emefiele, says banks will continue to accept old naira notes after the stipulated deadline. The apex bank governor made this known when he appeared before the House of Representatives ad-hoc committee on the #CurrencyRedesign and #NairaSwap policy, following the growing agitations across the country over the current […]

Nigeria Currency Swap Crisis: Government Approves 10-Day Extension | 29-1-23

Nigeria’s Federal Government has approved a ten-day extension for citizens to swap their old currency notes for the nation’s newly re-designed naira notes. The Governor of Nigeria’s Apex bank, the Central Bank of Nigeria, made this known to newsmen after a meeting with Nigeria’s President Muhammadu Buhari at his country home in Daura, located in […]

Ethiopia, World Bank Signed Financing Agreements Amounting To 745 Million US Dollars

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ECOWAS Single Currency: Subregional Parliament Reviews Benefits in Guinea-Bissau

Members of the ECOWAS parliament are currently meeting in Bissau the capital of Guinea Bissau to deliberate on the possibility of a single currency for the subregion. The Seminar organized by the regional parliament is part of activities of its first extraordinary session for the year twenty-twenty-three (2023), aims to review the benefits of the […]

East Africa Seeks Common Central Bank | Business Edge | 26-01-23

East Africa is a region located in the eastern part of the African continent, comprising of countries such as Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan. The region has diverse population and a rich cultural heritage. In recent years, there has been a growing push for the countries of East Africa to establish a […]

Nairobi Exchange Downtrend, Gold Weekly Gains +More | Business Incorporated

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Africa in business: power and cocoa

Nigeria has shortlisted companies to commercialize gas flared from its oil fields, while crisis-hit Ghana has agreed a wage increase for public servants. Here’s what’s making the business news in Africa. #News #Reuters #newsfeed #business #Africa #SouthAfrica #powercrisis #Zambia #hydroelectricity #Ghana #Nigeria #petroleum Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news […]

Africa in Business: China's COVID risk on South African rand

From China’s COVID risk reflecting on South Africa’s rand to vintage-enthusiasts in Ghana dealing with clothing waste, here’s a round up of business stories from Africa this week. #News #Reuters #newsfeed #Africa Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality […]

Telecoms Threaten To Stop USSD Services Over Banks Debt + More | Business Incorperated

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Ramaphosa survives scandal, remains head of South Africa's ruling ANC

South African President Cyril Ramaphosa has defied allegations of wrongdoing to be re-elected as the leader of the African National Congress. Ramaphosa’s victory in the party elections has paved the way for him to contest the presidency again. #News #Reuters #newsfeed #SouthAfrica #CyrilRamaphosa Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news […]

US Pres. Biden supports African Union joining G20 at the US-Africa Leaders Summit

In an effort to develop stronger relations with the African nations, United States President Joe Biden shows his support for the African Union to join the Group of 20. Subscribe to our official YouTube channel, https://bit.ly/2ImmXOi Be the first to know about the latest updates on COVID-19 pandemic, lockdowns, community quarantine, new normal, and Serbisyong […]