41 items still banned under Nigeria-China currency swap deal - CBN
The Central Bank of Nigeria has announced that the Nigeria- China currency swap deal will not cover the importation of the 41 items blacklisted from the official foreign exchange.
Pakistan doesn't see need to devalue currency, Ismail Says
Pakistan Adviser to the Prime Minister for Finance and Economics Miftah Ismail discusses the outlook for economic growth, the possibility of devaluing the country's currency. and bond sales.
Will a single currency for ECOWAS succeed?
Joe Femi Dagunro joins CNBC Africa to discuss the intricacies of what a single currency would mean for the West African region.
Nigerian banks and foreign currency loans
According to a report by Ratings Agency Moody's, Nigerian banks stand to gain from moderating their foreign currency lending.
Naira extends gains on parallel market
Nigeria's currency, the naira continues to strengthen in the parallel market trading at 445 to the dollar as the central bank continues its intervention in the official foreign exchange market.
Naira rallies against dollar
Nigeria's local currency the naira, rallied to 460 to the dollar last Friday, its highest level in more than 3 months. The currency got a boost from the Central Bank of Nigeria which sold 221 million dollars to 16 banks last week.
Zimbabwe to print new notes to boost economy
New bank notes are being printed in Zimbabwe to ease a crippling cash shortage. The government hopes the new money will boost the collapsing economy. But there are concerns it will cause even higher hyper-inflation.
South African Rand caught in turmoil of split ANC
Tensions in the African National Congress over a police investigation of South Africa's finance minister are spilling over into the nation's currency and bonds.