Currency Top StoriesEast Africa eyes unified currency in four yearsGBO CorrespondentJanuary 19, 2023 GBO CorrespondentJanuary 19, 2023 The East African Community is sending a delegation to Somalia to evaluate...
Currency Top StoriesRecord treasury bill sales in Egypt amid currency fallGBO CorrespondentJanuary 17, 2023 GBO CorrespondentJanuary 17, 2023 Egypt is currently experiencing a scarcity of foreign currency...
Economy Top StoriesCheck out the six main reasons propelling inflationGBO CorrespondentNovember 10, 2022November 9, 2022 GBO CorrespondentNovember 10, 2022November 9, 2022 Inflation may occur if the money supply grows more quickly than the...
Currency FeaturedBitcoin crashes 17% after El Salvador makes it legal tenderGBO CorrespondentSeptember 8, 2021 GBO CorrespondentSeptember 8, 2021 The crypto fell as low as $43,050 on Tuesday...
Currency Top StoriesTurkey to boost forex reserve with new currency swap deal with ChinaGBO CorrespondentJune 14, 2021 GBO CorrespondentJune 14, 2021 The new swap deal is increased from $2.4 bn to $6 bn...
Currency Top StoriesIMF backs CBN on cryptocurrency transactions banGBO CorrespondentFebruary 23, 2021February 23, 2021 GBO CorrespondentFebruary 23, 2021February 23, 2021 The CBN recently issued a circular to all banks stating that all...
Top StoriesTesla invests in bitcoin, global crypto exchanges face downturnGBO CorrespondentFebruary 9, 2021 GBO CorrespondentFebruary 9, 2021 In economies such as China, the government has started to issue virtual...
Top StoriesBitMEX appoints former Bank of China veteranGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 2021 Mr Wai Kin Chim was also an independent non-executive director for Standard...
Top StoriesScottish Cryptocurrency startup Zumo sees record new UK users in DecemberGBO CorrespondentJanuary 19, 2021January 20, 2021 GBO CorrespondentJanuary 19, 2021January 20, 2021 The new scheme was introduced to attract first new 5,000 sign ups...
Top StoriesBahrain-based Rain Financial raises $6 mn in Series A fundingGBO CorrespondentJanuary 18, 2021 GBO CorrespondentJanuary 18, 2021 The fresh capital will be utilised by Rain to expand its presence...