Manilla Revolutionizes Digital Currencies Payments and Introduces Eco-Friendly Mobility Platform
Manilla, a leading blockchain technology company, is proud to announce the upcoming launch of the Manilla Ecosystem, which includes the highly anticipated Manilla Finance application and the eco-friendly mobility platform, Cabbie. These innovative platforms aim to revolutionize digital currency payments and provide sustainable transportation solutions in Africa and beyond. In response to the growing need […]
Zimbabwe’s currency: Britain to step in
Britain could take steps to stabilise Zimbabwe’s currency system and extend a bridging loan to help it clear World Bank and African Development Bank arrears.
Why the need for caution in digital currency — CBN Director
Block-chain is an emerging innovation which is gaining traction in the payment system, banking and so many areas. The most prominent innovation on top of block-chain so far is Bitcoin which people see as an alternative form or alternative currency that we all use. And it is beginning to gain so much ground across the world. How will it affect payment? Obviously, some people are already using it to make payment. Largely the technology offers efficiency which means it is going to reduce cost of transaction, as a result of that you will see it that people are beginning to think that this will be a silver bullet for solving financial exclusion.
Envoy cautions Nigerians on currency declaration in Ethiopia
Nigeria’s Ambassador to Ethiopia, Bankole Adeoye, has advised Nigerians travelling to that country to adhere to its currency declaration law in order to avoid sanctions.
Obasanjo calls for common currency to boost ECOWAS trade
Former President Olusegun Obasanjo on Thursday called on the leaders of the Economic Community of West African States (ECOWAS) to agree on common currency to boost the regional trade.
Curb illegal currency transactions at borders, BDC operators tells security agencies
Bureau De Change Operators have called on security agencies to curb illegal currency transactions at Nigerian borders to sustain the recent appreciation of the Naira against other foreign currencies.
Emefiele’s CBN and its currency war
We have just had what looks like the best week for Nigeria’s foreign exchange (forex) market, just on the heels of its worst week (last week). After tumbling to an all time low of N520/USD1, Naira began to appreciate early last week following a swift roll-out and execution of counter-speculation measures by the Central Bank of Nigeria, CBN.
Ghana seeks additional reserves to support currency – official
Ghana is arranging for additional reserves to intervene sooner than planned in order to prop the local cedi currency which has weakened to new lows this week, two Central Bank sources said on Thursday. The cedi has been under pressure since early February .
Court remands man over fake currency
A Zamfara Magistrates’ court, Tuesday, ordered 38-year-old Nasiru Lawal of Birnin Ruwa area of Gusau remanded in prison for alleged possession of fake currency.
