Tag Archive

Zimbabwe: ‘Even If You Introduce ZiG500, It’s Useless,’ Citizens React to Rollout of New Banknotes

By AllAfrica News: Economy, Business and Finance

[New Zimbabwe] Zimbabweans have reacted with scepticism to the rollout of upgraded Zimbabwe Gold (ZiG) banknotes which began Tuesday, with many saying the local currency still lacks value and wide acceptance in everyday transactions.

Zimbabwe: New ZiG Banknotes Enter Circulation As Old Notes Set for Phase-Out

By AllAfrica News: Economy, Business and Finance

[New Zimbabwe] The Reserve Bank Of Zimbabwe (RBZ) says all is set to roll out the new ZWG notes countrywide, Tuesday.

Nigeria: Surveyors Board – Naira Devaluation Threatens Nigeria’s Construction Industry

By AllAfrica News: Economy, Business and Finance

[This Day] The President of the Quantity Surveyors Registration Board of Nigeria, Obafemi Onashile, has raised concerns over mounting challenges confronting Nigeria’s construction industry, warning that hyperinflation, naira devaluation and lack of dev…

Nigeria: Binance Vs. the Rest – a Look At Why #1’s January Volume Equals the Top Three Others Combined

By AllAfrica News: Economy, Business and Finance

[Vanguard] While the combined capitalization of the cryptocurrency market retreated by 9.7% throughout 2025, settling at $3.07 trillion, the underlying machinery of the market has not slowed down.

Nigeria: Dollar to Naira Exchange Rate Today, April 6, 2026

By AllAfrica News: Economy, Business and Finance

[Vanguard] The Nigerian Naira maintained a stable trajectory against the United States Dollar as the first full trading week of April 2026 commenced. Market performance across the official and informal sectors continues to reflect the impact of recent …

Kenya: Kenya Introduces New Rules to Regulate Cryptocurrency and Virtual Assets Sector

By AllAfrica News: Economy, Business and Finance

[Capital FM] Nairobi — The government has intensified efforts to regulate the rapidly growing virtual assets sector through draft regulations developed by the Capital Markets Authority (CMA).

Nigeria: Pound to Naira Exchange Rate Today, March 30, 2026

By AllAfrica News: Economy, Business and Finance

[Vanguard] The British Pound Sterling opened the trading week with a notable upward trend against the Nigerian Naira, reflecting broader volatility in the global currency markets as investors digest the latest economic data from both London and Abuja.

Nigeria: Two Days to Recapitalisation Deadline, 13 Banks’ Valuation Crosses N20trn From N8.08trn

By AllAfrica News: Economy, Business and Finance

[This Day] The market value of 13 banks listed on the Nigerian Exchange Limited (NGX), has quadrupled as new capital raising and capital gains lifted banks’ market value above N20 trillion two days to end of the recapitalisation exercise directed by th…

Zimbabwe: Annual Inflation Rises As Middle East Tension Drive Costs

By AllAfrica News: Economy, Business and Finance

[New Zimbabwe] Zimbabwe’s annual inflation rate rose slightly to 4.4% in March 2026, driven largely by global fuel price increases linked to escalating tensions in the Middle East.

Nigeria: CBN Bans Foreign Currency Payments for Diaspora Remittances From May 1

By AllAfrica News: Economy, Business and Finance

[Leadership] The Central Bank of Nigeria (CBN) has banned foreign currency payments for diaspora remittances starting from May 1, 2026, directing International Money Transfer Operators (IMTOs) to route all transactions exclusively through designated na…