central bank

Libya’s Prime Minister Abdulhamid al-Dbeibah is facing a new political crisis as the central bank governor Sadiq al-Kabir accused him of overspending and undermining the country’s financial stability. Budget dispute …

Nigeria’s central bank has increased the interest rates on short-term debt obligations in a bid to attract foreign investors and stabilize the naira, the country’s currency. The Abuja-based Central Bank …

Nigeria’s Central Bank identifies $2.4 billion irregularities in overdue forex transactions amid a naira crisis; a Deloitte audit exposes issues.

Mozambique’s central bank has announced a surprise cut in its key interest rate, the first since the global pandemic in 2020, in a bid to stimulate economic growth and recovery. …

Nigeria’s central bank has pledged to clear a foreign-exchange backlog estimated at about $5 billion within a short space of time as it seeks to attract investment back into the …

Nigeria’s new central bank governor, Olayemi Cardoso, has unveiled his ambitious plans to tame the country’s soaring inflation and boost the value of its currency, the naira. Cardoso, who took …

Lesetja Kganyago, South Africa’s central bank governor, anticipates 5% inflation in 2024 amidst global and domestic economic uncertainties.

Egypt’s central bank kept its key interest rates unchanged on Thursday, citing a slowdown in economic growth and a moderation in inflation.   The Monetary Policy Committee (MPC) decided to …

Zambia’s central bank is expected to hike its policy rate for the third time this year on Wednesday, November 22, 2023, as the country grapples with a sharp depreciation of …

Egypt’s central bank has imposed new restrictions on using credit cards for transactions in foreign currencies, both within the country and abroad, to curb the outflow of hard currency and …