Do you support the move by Central Bank to restrict forex on milk importation?

Personally, I am in support of the plan by Central Bank to stop milk importation but…

Malawi’s tea output up 6 percent in 2017

Production of tea, Malawi’s second largest export commodity after tobacco, rose 6 percent to 45.6 million…

Oil output cuts, electric car influx could hit Russian economy- Central bank

Russia’s oil-dependent economy could be hit in 2018 by cuts in crude production as part of…

Libyan oil revenues up sharply in 2017, budget deficit halved

Libya earned $14 billion in oil revenues in 2017, nearly three times more than in the…

Naira traded at 400 for investors, traders discuss rates

The Nigerian naira traded at about 400 to the dollar in deals for investors on Monday,…

Nigeria weakens naira for investors but may struggle to draw inflows, analysts say

Nigeria has weakened the naira for investors but it may still struggle to attract dollars unless…

Nigeria cenbank says will enable foreign investors to repatriate dividends

Nigeria’s central bank will soon resume selling large volumes of dollars on the spot market and…

Credit default remain a risk in 2017: Nigerian central bank

Credit default by Nigerian borrowers is a major economic risk this year after bad loans soared…

Nigeria central bank to sell dollars to fuel importers, airlines

Nigeria’s central bank said on Tuesday it will offer dollar forwards to be delivered within two…

Nigeria naira at six-month high on black market, traders say

The Nigerian naira gained 1.1 percent to a six-month high of 430 per dollar on the…

Nigeria central bank keeps rates on hold, sees naira rate improving

Nigeria’s central bank kept the main interest rate at 14 percent as expected on Tuesday and…

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