February 07
Nigeria: Newly-Uncovered False Foreign Exchange Claims Could Hurt Nigerian Economy
Nigeria's central bank said this week it uncovered $2.4 billion in false foreign exchange claims after investigating backlogs of $7 billion due to be cleared. Authorities said the… Read more »
September 06, 2023
Africa: Africa Climate Summit Ends With Call to Reform Global Financing
The Africa Climate Summit has ended in Kenya with leaders calling on the global community to act urgently to reduce greenhouse gas emissions, fulfill its obligations and keep… Read more »
April 28, 2023
Mozambique: U.S. Oil Firm Wants Stability Assurances to Resume Operations
The general director of Exxon Mobil Mozambique says his company needs long-term stability in Cabo Delgado province before it can think of restarting a $30 billion liquefied natural… Read more »
April 06, 2023
Nigeria: Nigeria Secures $800 Million Ahead of Fuel Subsidy Removal
Nigeria has secured an $800 million relief package from the World Bank to help cushion the impact of a plan to remove in June a long-held fuel subsidy. Read more »
January 30, 2023
Nigeria: Nigeria's Central Bank Deploys 30,000 Agents in Final Recall of Old Currency
The Central Bank of Nigeria has mobilized 30,000 agents nationwide to help the vulnerable and those living in remote areas exchange their cash for the nation's new currency. The… Read more »
January 25, 2023
Nigeria: Analysts Question Charges Against Central Bank Chief
Nigeria's secret police are investigating Central Bank Governor Godwin Emefiele for alleged financial crimes, financing terrorism, and graft. But the banker's supporters say the… Read more »
December 22, 2022
Nigeria: Central Bank Raises Cash Withdrawal Limits After Public Outcry
The Central Bank of Nigeria has raised the maximum weekly limit for cash withdrawals after a public uproar over the caps it announced two weeks ago. The new limit is five times… Read more »
December 08, 2022
Nigeria: Nigerians Uneasy About Central Bank's Restrictions On Cash Withdrawals
Nigeria's Central Bank this week announced a new policy that restricts large amounts of cash from being withdrawn from bank accounts. The announcement comes two weeks after… Read more »
Voice of America (Washington, DC)
The Voice of America, which first went on the air in 1942, is a multimedia international broadcasting service funded by the U.S. government through the Broadcasting Board of Governors.
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