The International Monetary Fund (IMF) has slammed African central banks for their misguided currency regulation, especially with regard to the ineffective disposal of their foreign exchange reserves. In particular, the IMF has scrutinized the African central banks’ rigid exchange rate regulations, criticizing them for disposing of their foreign exchange reserves in an ineffective attempt to […]
The European Union has committed 24.4 million Euros to fight against the illicit trafficking in small arms and light weapons (SALW) and strengthen cross-border cooperation in West Africa, as announced during a recent roundtable on this pressing issue held in Abuja, Nigeria. Held under the theme of “Mapping the Landscape of SALW Proliferation in Nigeria: […]
Nigerian business mogul Alhaji Aliko Dangote has maintained his spot as Africa’s richest man according to Forbes Magazine. Dangote is ranked by Forbes magazine as the 100th-richest person in the world and the richest in Africa. The Nigerian cement guru was also peaked on the list as 66th most powerful man in the world in […]
