Collins Sefa
The Bank of Ghana (BoG) is stepping back from its active role in Ghana’s foreign exchange market as the local currency gains strength and international reserves rebound faster than anticipated. This shift marks a critical
BTA2023
The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, rose Month-on-Month (MoM) by 74 percent to $5.4 billion in October from $3.31 billion in September. Vanguard findings from the transactions details of
BTA2023
The World Bank says Nigeria’s government lost N13.2 trillion because of how it managed foreign exchange between 2021 and 2023. The losses broke down like this: N2 trillion in 2021, N6.2 trillion in 2022, and
