Internewscast

Tag : Central Bank

Business Finance

Kenya central banker says still has ‘plenty of firepower’

InterNewsCast
Kenya’s central bank governor said on Thursday that policymakers still have “plenty of firepower” to combat impact of the coronavirus crisis on the economy. Policymakers...
Business Finance

Lebanon central bank sets up committee to restructure banks

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Lebanon’s Central Bank has set up a committee to restructure financially-stricken commercial banks and study their performance, a memo by the bank seen by Reuters...
Business

DisCos advocate CBN-funded massive roll-out of meters to address power challenge

InterNewsCast
Power Distribution Companies (DisCos) have advocated a Central Bank-funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on...
Business Finance

Forex constraint devalues naira to N380 per dollar

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Shortage of forex in the economy caused the naira to fall below the official rate of by 3.5 per cent to N380/$1 from N360/$1 according...
African News

South Africa partly lifts lockdown to try to fix battered economy

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South Africa partly lifted a two month-old coronavirus lockdown on Monday, letting people outside for work, worship, exercise or shopping, and allowing mines and factories...
African News

US: Malta seizes $1 billion in counterfeit Libyan money

InterNewsCast
Maltese authorities have seized counterfeit Libyan money worth $1.1 billion that was printed by a Russian firm and worsen the north African country’s economic problems,...