The Central Bank of Nigeria has injected $148 million into the forex market to stabilize the naira and support economic sectors, distributing funds to 29 authorized dealers.
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Economic Stability
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Investor confidence in South Africa soars as financial markets respond positively to the formation of a new unity government, marking a pivotal moment for the nation’s economic prospects.
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Nigeria is gearing up for another substantial rate hike as part of its aggressive measures to combat soaring inflation levels. The impending move reflects the government’s determination to rein in …
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Nigeria’s Central Bank identifies $2.4 billion irregularities in overdue forex transactions amid a naira crisis; a Deloitte audit exposes issues.
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Kenya’s President Ruto announces plans for a Eurobond buyback, aiming to strengthen the country’s financial position amid currency and revenue challenges.