CBN Governor Olayemi Cardoso outlined the gains of the financial sector reforms on businesses and the economy, stressing that ...

Virtually all banks are closed. Currency shortages abound. With supply chains disrupted, prices of some staples have jumped.

Tanzania has introduced a ban on the use of foreign currencies, including the US dollar, in local transactions. This decision ...

Egypt's net foreign assets jumped by $4.9 billion in March, central bank data showed, apparently boosted by the approval of ...

Africanists, ANTI-CFA FRONT, organised by the non-governmental organisation, Urgences Panafricanistes.The event brought together activists, economists and civil society representatives opposed to the ...

Absa Bank Kenya has restructured Ksh3.4 billion ($26.35 million) in loans it gave to customers who are struggling to repay as ...

The Central Bank of Nigeria (CBN) reported a sharp rise in currency management costs in 2024, with expenses increasing by ...