Forex

12 results associated with Forex are displayed
Crypto mining among Nigerian youth divides opinion
Insight

Crypto mining among Nigerian youth divides opinion

The cult of cryptocurrency is spreading fast in Africa, especially Nigeria, as blockchain technology develops further and the notional value of certain coins soar on exchange platforms.
South African rand gains ahead of elections
Business

South African rand gains ahead of elections

The South African rand posted gained against the US dollar on Monday ahead of elections on Wednesday.
Zimbabwe to fine businesses using inflated exchange rates
Business

Zimbabwe to fine businesses using inflated exchange rates

The government has been making efforts to keep the ZiG afloat since its launch in early April.
Nigeria forex operators call for lower dollar-naira selling rate
Business

Nigeria forex operators call for lower dollar-naira selling rate

The appeal comes as parallel market rate of 1,235/$ is lower than the BDCs’ applicable buying exchange rate of 1,251/$ set by the CBN.
Detained Binance bosses sue Nigerian agencies
Africa

Detained Binance bosses sue Nigerian agencies

Two senior managers of Binance crypto platform have sued Nigerian authorities for allegedly violating their rights.
South African rand gains against US dollar
Business

South African rand gains against US dollar

The South African gained against the US dollar on Wednesday.
Nigeria detains Binance bosses in crypto crackdown
Africa

Nigeria detains Binance bosses in crypto crackdown

Nigerian security officers have reportedly arrested two senior managers of Binance in a crackdown on cryptocurrency trading.
Nigeria to outlaw foreign exchange in streets
Business

Nigeria to outlaw foreign exchange in streets

The Central Bank of Nigeria has announced that it will soon be illegal to operate a forex bureau in the country's streets.
Nigeria central bank injects $500m to clear forex backlog
Business

Nigeria central bank injects $500m to clear forex backlog

The Central Bank of Nigeria has released some $500 million to help clear a forex backlog.
Nigeria's Dangote firm under forex misuse probe
Business

Nigeria's Dangote firm under forex misuse probe

Dangote Group is under probe over alleged misuse of foreign exchange from the central bank.
Zimbabwe tourism thrives in post-Covid recovery
Business

Zimbabwe tourism thrives in post-Covid recovery

Zimbabwe continues to post good tourism results as the country recovers from the Covid-19 pandemic.
Kenyan shilling slides to historic low against US dollar
Business

Kenyan shilling slides to historic low against US dollar

For the first time in Kenya's history, the country's currency has surpassed the Ksh150 mark against the US dollar.
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What is TPLF and why is it important to Ethiopia’s peace process?

What is TPLF and why is it important to Ethiopia’s peace process?

The United Nations estimates that the conflict has affected over 9.7 million people in the country’s northern region
Five migrants die, 28 missing after boat capsizes in Tunisia

Five migrants die, 28 missing after boat capsizes in Tunisia

According to the United Nations, more than 20,000 migrants have died in the Mediterranean since 2014.
Is it time to ban the deadly chemical behind Gambia children deaths?

Is it time to ban the deadly chemical behind Gambia children deaths?

Dozens of children in the west African country have died after taking a few sips of cough syrups, which contained high quantities of poisonous diethylene glycol.
Prejudices are the things best shared between Morocco and Algeria

Prejudices are the things best shared between Morocco and Algeria

Not only do Moroccans and Algerians share the same customs, but they are also pulled down by similar downward trends and by great sociological movements — to such an extent that they differ only in their degree and not in their nature.
Burkina Faso: the reasons for endemic instability

Burkina Faso: the reasons for endemic instability

Two coups in eight months. Ten presidents, 70 percent of whom have come from the military in 62 years of independence. Burkina Faso is struggling with its political stability. How can this problem be explained?
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