Santander to buy back $1.5 Billion of Dollar CoCos

Cryptocurrencies such as bitcoin promise quick profits – an attraction that aids scammers fleecing investors of their funds.

With inflation taking a toll on people's finances and amid a growing sense of responsibility towards the climate, second-hand shops are booming across the globe. In France, around 10 percent of clothes each year are now resold, and thrift stores are attracting a wider audience.

The EU and Lebanon have agreed upon an aid package to help the country deal with its financial crisis and high numbers of refugees. Most experts believe the deal could increase, not dampen, irregular migration.

The naira continues to trade around 1,300 against the greenback at the official market this week. Meanwhile, data from the CBN shows Nigeria’s currency in circulation has risen to 3.87 trillion naira at the end of March. Kingsley Nwaiwu, Head of Consumer sector sales, Global Markets at Stanbic IBTC joins CNBC Africa on the FX trading patterns, impact of CBN’s reforms and Nigeria’s drive to increase dollar flows.

Nigeria has announced plans to delist the naira from all peer-to-peer (P2P) platforms. According to the Director General of the Securities and Exchange Commission, the move is to tackle the manipulation of the local currency’s value in the foreign exchange market.

Chad's election results are being disputed after interim President Mahamat Idriss Deby was declared the winner according to provisional results, something opposition leader Succes Masra described as an attempt to "steal" the vote.