Tag: CURRENCY
Foreign Exchange: CBN Bans Currency Collateral For Naira Loans.
The Central Bank of Nigeria (CBN) has prohibited the use of foreign currency as collateral for Naira loans. This directive contained in a circular by Dr. Acting...
Ghana Traders Threaten To Close Shops Over Inflationshop Owners In
Ghana are threatening to close their business premises next Monday to protest against the weakening of the country’s currency, the cedi.At 10 cedis to...
Forex: CBN Summons Currency Dealers, Others On Development In Market
The
Central Bank of Nigeria has summoned all authorised currency dealers for a
meeting to discuss development in the foreign exchange market.The
invitation was contained in a...
ECOWAS: Heads Of State To Make Final Decision On Single Currency...
The Economic Community of West African States, ECOWAS, Heads of State are expected to make a final conclusion on the operational take-off of a...