March 20, 2023 Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S.… More...
March 18, 2023 Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla… More...
March 17, 2023 ‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000… More...
March 11, 2023 Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday,… More...
March 9, 2023 Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’ During the Covid-19 pandemic, central banks such as the U.S. Federal… More...
March 8, 2023 Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue Nobel Prize winner Paul Krugman complained on Twitter Wednesday … More...
March 5, 2023 Monetary policy of cryptocurrencies, explained Monetary policy for cryptocurrencies is a game-changer — with fixed… More...
February 17, 2023 Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks The persistent scarcity of foreign exchange may force the Nigerian… More...
February 14, 2023 US Inflation Remains Higher Than Expected, Raising Concerns Among Investors U.S. inflation levels dropped slightly in January, sliding from … More...
February 10, 2023 Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank The Reserve Bank of Zimbabwe recently revealed that some 25,188 of… More...
February 1, 2023 Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell The U.S. Federal Reserve raised its benchmark federal funds rate … More...
January 23, 2023 Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down As investors examine the next move of the Federal Reserve, analysts,… More...
January 16, 2023 DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds Crypto donations are so much more than just peer-to-peer Bitcoin … More...
January 11, 2023 World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’ On Jan. 10, 2023, the World Bank published its Global Economic Prospects… More...
January 9, 2023 Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes The U.S. Federal Reserve has raised the benchmark bank rate seven … More...
November 27, 2022 New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor The Central Bank of Nigeria governor, Godwin Emefiele, has said the… More...
November 24, 2022 IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed A well-regulated African cryptocurrency market is needed in order… More...
November 20, 2022 Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission According to the International Monetary Fund (IMF)’s mission… More...
October 21, 2022 Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023 A Bank of America economist, Tatonga Rusike, has said the Nigerian… More...
October 17, 2022 Report: Ghanaian Currency Slips to Another Low Versus the US Dollar After it slipped to a rate of about 12:1, the Ghanaian cedi became the… More...
October 3, 2022 Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar A surge in the demand for foreign exchange and the general scarcity… More...
October 2, 2022 Kenyan Central Bank Raises Key Rate by 75 Basis Points The monetary policy committee of the Kenyan central bank recently… More...
September 25, 2022 Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record The Ethiopian birr currency’s parallel exchange rate against… More...
September 6, 2022 Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave A Nigerian presidential election candidate, Peter Obi, has said … More...
August 25, 2022 Report: East African Single Currency Unlikely to Be Introduced by 2024 There are growing doubts about the regional economic bloc known as… More...
August 25, 2022 Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1… More...