Tag Archive

Nigeria: Naira Abuse – Bobrisky’s Conviction Selective Justice – Salami

By AllAfrica News: Economy, Business and Finance

[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 corruption.

Nigeria: BDCS Now Buying Dollar At N980 – – Abcon President

By AllAfrica News: Economy, Business and Finance

[Daily Trust] The Association of Bureau De Change Operators of Nigeria (ABCON) said the Bureau De Change (BDC) operators were buying dollars at N980/$ at the open market and selling at N1,020/$.

Nigeria: Naira Abuse – EFCC to Arraign Cubana Chief Priest Today

By AllAfrica News: Economy, Business and Finance

[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 Lagos over allegations of abusing the Naira.

Nigeria: Naira Dips to N1,050 As Foreign Reserves Deplete to 7-Year Low

By AllAfrica News: Economy, Business and Finance

[Leadership] The value of the naira rescinded some of its gains yesterday selling at N1,050 to the dollar at the parallel market, as the external reserves of the country declined to its lowest level in nearly seven years. The 30 days moving average of …

Nigeria: Naira Gains At Official Market Amidst Depleting Reserve

By AllAfrica News: Economy, Business and Finance

[Premium Times] Market data published on the FMDQ website on Wednesday indicated that the naira closed at N1,072.74 against N1,148.14 recorded in the previous market session on Tuesday.

Nigeria: Naira Appreciation Will Impact Inflation Between Three to Six Months – – Teriba

By AllAfrica News: Economy, Business and Finance

[Daily Trust] The chief executive of Economic Associates, EA, Dr Ayo Teriba, has said the recent Naira appreciation will impact the country’s inflation between three to six months.

Egypt: Dollar Exchange Rate Stable At Beginning of Wednesday’s Transactions

By AllAfrica News: Economy, Business and Finance

[Egypt Online] The dollar exchange rate was stable at the start of Wednesday’s transactions at Egypt’s major banks.

Nigeria: Naira Abuse – ‘No More Spraying of Money’, Portable Begs EFCC

By AllAfrica News: Economy, Business and Finance

[Vanguard] Street-pop artiste, Habeeb Okikiola, popularly known as Portable, has appealed to the Economic and Financial Crimes Commission (EFCC) to forgive him for spraying money on his admirers.

Zimbabwe: Zimbabwe’s New Gold-Backed Currency Sliding On Black Market

By VOA

[VOA] Harare, Zimbabwe — 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 Mavhunga reports from Harare.

Kenya: Kenya’s Shilling Is Gaining Value, but Don’t Expect It to Last – Expert

By AllAfrica News: Economy, Business and Finance

[The Conversation Africa] Shortly after Kenya’s 2022 elections, the shilling depreciated rapidly against the US dollar – the country’s main currency for international transactions – fuelling a wave of political discontent.