Central Bank Rolls Out New Notes for 50, 100, 200 and 500 With New Signatures
Capital FM
The Central Bank of Kenya (CBK) has announced the rollout of newly redesigned banknotes, following the retirement of former CBK Governor Patrick Njoroge. Read more »
Bitcoin Breaches $94,000 for the First Time
Ghanaian Times
Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt (BKKT.N), added to hopes of a… Read more »
Ecocash Loses ZWG148, 7 Million in Conversion to New Currency
New Zimbabwe
DIVERSIFIED digital solutions group, Ecocash Holdings Zimbabwe Limited has suffered a ZWG148,7 million loss during migration to the newly introduced currency. Read more »
RBZ's U.S.$50m Injection to Anchor Exchange Rate
The Herald
The Reserve Bank of Zimbabwe's market interventions, which saw US$50 million being injected into the interbank foreign exchange market in October alone, have been lauded by… Read more »
Nigeria's External Reserves Hits $40.2bn - CBN
Vanguard
The Central Bank of Nigeria, CBN said that the nation's external reserves has risen to $40.2 billion as at October 18, 2024. Read more »
Central Bank of Sudan Issues New 1,000 Pound Note
Dabanga
The Central Bank of Sudan (CBoS) yesterday announced the issuance of a new banknote of SDG1,000 as part of the bank's efforts to modernise the currency and improve the security… Read more »
Why Zanu-PF's Local Currency, Anti-Corruption Resolutions Matter
The Herald
Zimbabwe stands at a critical juncture in its economic history and the resolutions from the recent ZANU PF 21st Annual National People's Conference reflect a proactive approach… Read more »
Bitcoin Hits All-Time High As U.S. Election Results Drive Volatility
Daba Finance
TLDR Read more »
Currency Reform Measures Do Not Lapse - RBZ Says ZWG Legal Status Above Board
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has refuted claims challenging the legal status of the ZWG, insisting the new currency's status is well above board. Read more »
No Deadline On Circulation of Old Naira Notes, Central Bank Assures Nigerians
Premium Times
This follows the House of Representatives' call for the CBN to issue more new ₦200, ₦500, and ₦1,000 notes and gradually withdraw the old ones before the 31 December… Read more »
Ethiopia Expands Foreign Exchange Services With Private Currency Exchange Offices
ENA
The National Bank of Ethiopia (NBE) has granted licenses to five non-bank private currency exchange offices in line with its directive to expand foreign exchange services and boost… Read more »
Naira Appreciates Significantly Against Dollar At Official Market
Premium Times
Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N42.15 on the day. Read more »
Fx Appetite Drives Up Mutual Funds Assets By 81.5 Percent to N3.5trn
Vanguard
The obsession for foreign currency, specifically the US Dollar, has driven investors towards dollar denominated financial assets in the mutual funds segment resulting in an all… Read more »
Parliament Demands Answers Over Closure of Retail Outlets Amid ZWG Fluctuation
New Zimbabwe
The recent closure of once-thriving retail outlets due to the economic meltdown, driven by currency depreciation, has prompted Parliament to demand an explanation from Finance… Read more »
Naira Depreciation Shot Up Manufacturing Investment By 32.6 Percent
Vanguard
·As jobs created plunges by 37.8% Read more »
