CBN creates special forex window for SMEs
26 April 2017 | 7:10 am
In a move to stabilise Nigeria's currency markets, the Central Bank of Nigeria recently launched a special foreign exchange window for small and medium enterprises in the country.
13 Nov 2021
Years after the Yazidi massacre by the "Islamic State," tens of thousands of survivors still aren't able to return home. In Iraqi Kurdistan, a German aid worker is trying to help these refugees.
20 Nov 2021
As Bulgaria heads to the polls on November 14, foreign-educated nationals who have returned are trying to drive badly needed reforms and tackle the country’s dominant problem — corruption.
15 Nov 2021
Nigeria’s Foreign Minister Geoffrey Onyeama told FRANCE 24 that recent coups in West Africa are undermining democracy and that events have reached a crucial juncture for the Economic Community of West African States (ECOWAS) regional bloc. “Clearly it is a threat, it is an unfortunate precedent,” he said.
18 Nov 2021
A fact-checking media in Mali has identified false claims of child harvesting in Nigeria – so-called "baby factories". The claim that the images in question are recent is bogus, but a real phenomenon of child harvesting does exist in Nigeria. Also, a Canadian media dramatically claimed that the wife of Pfizer's CEO died due to the Covid-19 vaccine. In fact, she is alive and well.
26 Nov 2021
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
27 Nov 2021
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
The Empire State building was lit up with the colours of the French flag this week, in honour of the American-French performer Josephine Baker, who was inducted into France's Panthéon mausoleum on Tuesday. In the US, Josephine Baker is just as beloved as she is in France, and nowhere more so than in Harlem, in New York City. Our correspondents Jessica Le Masurier, Yves Schaeffner and Fanny Chauvin met with New Yorkers to explore Baker's legacy.
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
Here are a few reasons to pick up a copy of The Guardian on Wednesday.
Traditionally, growing avocados requires lots of water. But entrepreneurs in Nigeria are attempting to grow them in a new water-saving and sustainable way by using drip irrigation systems and recycling water.
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Find these stories and much more when you grab a copy of The Guardian on Friday.
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A Gambian man accused of belonging to a death squad appeared in court in Germany on Monday facing charges of crimes against humanity. The suspect is also accused of murder and attempted murder as part of a group that assassinated opponents of dictator Yahya Jammeh.
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Mohammed Yasin Malik told the court that the charges of terrorism against him were "concocted, fabricated and politically motivated."
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A Standout Cocktail : The Nigerian Swift Sour
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“I was quite depressed at times” – Zverev reveals his mental health struggles