CONTRARY to the rumour going around that the mother of the Fuji music star, Adebisi Akande, popularly known as Taye Currency, has been killed by unknown men, the musician has debunked the news, saying it was untrue. Taye told Tribune Online on Sunday evening that his mum his hale and hearty, just as he urged […]
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Currency
Sri Lanka restricts car imports as currency crashes
Sri Lanka announced a raft of restrictions Saturday in a bid to slow down imports of cars and luxury goods as the country faces a foreign exchange shortage. The finance ministry banned the import of vehicles for all state institutions for one year and said public servants will not be allowed to import cars at […] …
Japan, China in £21.3b currency swap talks
Venezuela on edge as Maduro unveils raft of economic reforms
Uncertainty reigned in Venezuela on Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor South American country into chaos. Ahead of a major currency overhaul on Monday, when Caracas will start issuing new banknotes after slashing five zeroes off the crippled […] …
Why we’re planning $25bn African Trade Strategy – Dr. Oramah, Afreximbank president
In search of single currency in Africa
The quest for single currency in Africa was top on the agenda at the just concluded Annual General Meeting of African Export-Import Bank (Afreximbank) in Abuja. Ibrahim Apekhade Yusuf in this report examines some of the concerns raised by different stakeholders The take off date for the introduction of single currency in Africa is 2020.Read More
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CBN begs Nigerians to handle national currency with care
Currency Swap: Analysts fear deal will stifle Nigerian economy
FINANCIAL analysts have expressed concern that the currency swap deal recently signed by the Central Bank of Nigeria (CBN) and the Peoples Bank of China (PBoC) will stifle the Nigerian economy. The News Agency of […]
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US Adds India To Currency Watch List With China
The US Treasury added India to its watch list of countries with potentially questionable foreign exchange policies, joining China and four others, according to a report issued Friday. Treasury said the “monitoring list” includes those “major trading partners that merit close attention to their currency practices.” In addition to India, the semi-annual report to … Continue reading US Adds India To Currency Watch List With China
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