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 »
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 »
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 »
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 »
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 »
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 »
'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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »