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Tag: central bank
European Central Bank to Unload $5.3trn Bond
The European Central Bank said on Thursday it would start reducing its 5 trillion euros or $5.3 trillion worth of bond holdings from March, in its next step towards a…
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Why I approved redesign of naira notes ~President Buhari
President Muhammadu Buhari on Wednesday in Abuja launched the new Naira banknotes, expressing delight that the redesigned currencies are locally produced by the Nigerian Security Printing and Minting (NSPM) PLC.…
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Ghana assembles committee consisting of finance ministry, central bank to lead talks on IMF facility
Ghana’s finance ministry has formed a five-member committee with the Bank of Ghana to lead discussions with the financial services industry concerning an International Monetary Fund (IMF) programme, it said…
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In Libya, Delayed Central Bank Audit Fuels Regional Battle
A delayed audit of Libya’s central bank is now contributing to a devastating oil blockade, the latest twist to a regional proxy war launched by Libyan military commander Khalifa Haftar…
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Nigeria’ Central Bank Devalues Official Exchange Rate by 5.5%
The Nigerian central bank has devalued its official exchange rate by 5.5% to 381 naira to the dollar from 360 naira, according to data on the website of FMDQ OTC…
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