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31 Dec
Nigerians may have to adapt to a more effective digital payment solution for all transactions in the face of the new Central Bank regulations. Lois Ogunniyi of GuardianTV spoke with Omoniyi Kolade, the founder of Seerbit, a digital payment solutions provider who gave insights into how the new policy works and more.
5 Nov
The operating environment for Nigerian banks has been a tough one this year and banks face foreign exchange risks that could impact their asset quality.
9 Oct
With Russia in retreat on the battlefield, Russian President Vladimir Putin raised the stakes on Wednesday with the announcement that Russian reservists would be mobilised and referendums held in areas of Ukraine on joining Russia, all while he made threats to the West.
21 Sep
In Lebanon, most depositors have been locked out of their savings since a financial crisis took hold three years ago. Now some of those customers are taking matters into their own hands by holding up bank branches.
13 Nov 2021
Almost three months after the Taliban swept to power in Afghanistan, the country's economy is imploding. Many NGOs and foreign companies have left, leaving thousands of Afghans suddenly unemployed. Some $9.5 billion of assets have been frozen abroad and banks are running out of money. The value of the local currency is plummeting and food prices have soared. This dire situation is pushing thousands of Afghans to flee the country. FRANCE 24's Catherine Norris-Trent and Roméo Langlois report.
5 Sep 2021
Afghans are struggling to get cash with banks still closed following the Taliban's takeover of the country. "I've been coming to the bank for four days now but I can't get my own money," says one resident.
30 Mar 2021
Several major banks are set to lose billions of dollars over links to the hedge fund Archegos, after financial troubles at the firm sparked a massive sell-off of shares. Nomura and Credit Suisse have said they will suffer significant losses, which caused their share prices to plunge on Wall Street on Monday. Archegos was backed by former star trader Bill Hwang. Also today, we look at how the wine industry in Argentina has seen rising sales during the pandemic.
26 Mar 2021
Despite a severe shortage of foreign exchange (forex), overseas education continues to drain the country’s resources, as Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, admitted $80 million weekly disbursements for personal travel allowances or payment of overseas school fees. The amount, which translates to $960 million yearly, is disbursed to banks to enable Nigerians to meet their forex responsibilities. This is after a recent report indicated that Nigerians spend £30 million (about N20 billion) yearly paying tuition in the United Kingdom alone while the country’s education system grapples with challenges of underfunding, poor remuneration, and obsolete teaching facilities.
17 Mar 2021
Lawmakers wade into Banks, Telecom. operators' feud
23 Dec 2020
13 Nov 2020
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣
10 Oct 2020
The US has blacklisted key Iranian banks in a sweeping clampdown on country's financial sector. Iran's top diplomat Javad Zarif accused Washington of trying to "blow up our remaining channels to pay for food & medicine."

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1 hour ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.⁣
4 hours ago
The International Monetary Fund has raised its forecasts for the global economy for 2023, stating that growth has been “surprisingly resilient". However, it also said the UK is likely to be the only leading economy to head into recession in 2023.
4 hours ago
Heavy rainfall that followed the landfall of Tropical Storm Cheneso in Madagascar has killed 16 people and left 17 missing, the government's Office for Risk and Disaster Management said.
4 hours ago
The Lunar New Year is a huge holiday in China, but also in other Asian countries like Korea and Vietnam. More than one billion people will be celebrating the event, which begins on January 22. For most, it's the Year of the Rabbit but in Vietnam, people will mark the Year of the Cat.
6 hours ago
The International Monetary Fund has given a brighter outlook in its latest report than in October, predicting that inflation will slow. It said that European economies had shown more resilience than expected.
6 hours ago
With the exception of South Africa and Cape Verde, lesbian, gay, bisexual, and transgender (LGBT) rights in Africa are limited in comparison to the United States, Canada, Western Europe, Australia, and New Zealand.