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As the battle to save the Naira from a free fall ensues, the Central Bank of Nigeria (CBN) has resumed a weekly rate regulation, with independent money transfer operations ordered to sale at N376/$1 to banks while end-users will get the US Dollar at N380.
The Reserve Bank of Zimbabwe is to introduce a new currency in November, a member of the bank’s Monetary Policy Committee, said on Thursday.
China’s currency slid on Monday to its weakest point in more than 11 years as concerns over the US trade war and the potential for global recession weighed on markets.
Zimbabwe police fired tear gas to disperse protesters in the second city of Bulawayo on Tuesday, a day after the country was rocked by violent demonstrations against a sharp hike in fuel prices.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), on Sunday, asked President Muhammadu Buhari to resign over his Friday’s comment that Nigeria’s economy was in a bad shape.
A document in circulation, from the resolutions of a retreat in a foreign country by one of the parties makes no pretences about their plan to cause tension between various communities. They have dramatically begun actions to destroy the integrity of the election process.
The United States has announced it is closing its consulate in the Iraqi city of Basra and evacuating its diplomats from there after increasing threats and rocket fire from Iran and Iran-backed fighters.
In Venezuela’s inflation-hit economy, a single US dollar, worth 3.5 million bolivar buys 3.5 million litres of petrol, that is more than 10 fuel tankers in Nigeria.
The Central Bank of Nigeria (CBN) on Thursday released guidelines for the bilateral Currency Swap agreement between Nigeria and China.
Businesses in Liberia’s dual-currency economy are feeling the pinch as customers stay home and the exchange rate keeps climbing in the absence of a resolution to the country’s disputed presidential election.
China raised the exchange rate for the yuan against the US dollar for the 10th consecutive session Friday, pushing the unit to its highest level in 16 months.
The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
Alliance for Surviving COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Muhammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion contradicts the figures earlier released by his own officials.
A Consultant Obstetrician and Gynaecologist, Dr Abosede Lewu, on Monday urged young women to stop abuse or consistent use of Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), also known as painkillers to prevent infertility.
President Donald Trump vowed Monday to order a military crackdown on once-in-a-generation violent protests gripping the United States, saying he was sending thousands of troops onto the streets of the capital and threatening to deploy soldiers to states unable to regain control.
Saudi Arabia is now the 16th worst hit by the coronavirus in the world, with 83,384 cases.
President Muhammadu Buhari has condoled with families who lost loved ones in an attack by bandits in Sabon Birni Local Government, Sokoto State, praying for the quick recovery of those that sustained injuries.
The Minister of Youth and Sports Development, Sunday Dare, has revealed there are clauses in Gernot Rohr’s new contract which gives his employer the right to fire him if he underperforms.