Currency

IFC, CBN sign agreement to boost local currency financing in Nigeria

IFC, a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to…

4 weeks ago

EFCC detains NAHCON chairman, recovers foreign currency

The Economic and  Financial Crimes Commission (EFCC) has detained the Executive Chairman of the National Hajj Commission of Nigeria (NAHCON),…

3 months ago

Cocoa farmers turn to smuggling over Ghana’s currency fall

Isaac Antwi, one of the cocoa farmers in Ghana, says he has to smuggle his beans to Ivory Coast to…

5 months ago

Egypt raises interest rate by 600 bps as currency falls

The Central Bank of Egypt has increased the interest rate by 600 basis points to allow the exchange rate to…

9 months ago

Currency Racketeers: EFCC, JTF recover N110m, arrest 115 suspects in Enugu

The Economic and Financial Crimes Commission (EFCC) in conjunction with a Joint Task Force comprising five teams from the Nigeria…

9 months ago

EFCC arrests 6 currency racketeers in Lagos

The operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested six persons for…

9 months ago

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