A new world currency could be in the making – courtesy of BRICS Nations…so hold on to your wallets
The BRICS alliance is exploring the creation of an innovative currency, with plans to share proposals on its establishment at…
Australia snubs new England King
• New $5 bill won’t feature the visage of Charles III, will feature “indigenous” design The central bank of Australia…
Ghanaian Cedi second worst-performing asset among Sub-Saharan Africa’s top 15 currencies
In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the…
No more over-the-counter withdrawal of new notes – Central Bank
• Directs banks to load automated teller machines (ATM) with new notes The Central Bank of Nigeria (CBN) has banned…
Naira among world’s worst performing currencies
Officially, naira is doing pretty well this year, down just 4% against a strong US dollar, ahead of the Canadian…
Dollar sells at N818 as acute scarcity hits market
The naira fell to N818/$1 at the parallel market on Monday in Abuja and N815 in Lagos as it continued…
Naira crashes to N710 per dollar
Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to…
Bitcoin value plunge by 50%
… trading below $34k The value of Bitcoin continued to fall over the weekend as it dropped below $34,000 (£27,630),…
Central African Republic officially adopts Bitcoin as legal tender
The Central African Republic (CAR) has officially adopted Bitcoin as legal tender, according to the president’s office, making it the…