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Dollar pulls back on rising optimism

Dollar pulls back on rising optimism
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

Central Bank , Body Of Bank , Nigerian Autonomous Foreign Exchange , Bank Chief Executive Officers , Monetary Policy Committees , Deposit Money Banks , Personal Travel Allowance , Travel Allowance , மைய வங்கி , உடல் ஆஃப் வங்கி , நைஜீரியன் தன்னாட்சி வெளிநாட்டு பரிமாற்றம் , வங்கி தலைமை நிர்வாகி அதிகாரிகள் , பண பாலிஸீ குழுக்கள் , வைப்பு பணம் வங்கிகள் , தனிப்பட்ட பயணம் கொடுப்பனவு , பயணம் கொடுப்பனவு ,

Retail buyers will now access foreign currency via bank mobile apps, Nigeria's central bank says

Image source: Techcabal
The Central Bank of Nigeria has directed commercial banks in the country to create mobile applications that will enable easy sales of foreign exchange (FX or forex) to retail customers.
The directive comes after the CBN, on Tuesday, halted its weekly allocation of forex to Bureau de Change companies (BDCs), whose primary responsibility is the sale of minimal amounts of dollars to citizens for small-time payments such as overseas school fees. The regulator had accused them of violating their terms of operation.
According to the apex bank, money changers in the country have been involved in manipulating exchange rates, rent-seeking, and money laundering activities. It plans to commence the refund of licensing fees and the ₦35 million minimum capital deposits to applicants of BDC licenses soon. ....

Godwin Emefiele , Bureau De , Central Bank , Bureau De Change , Governor Godwin Emefiele , Monetary Policy Committees , Deposit Money Banks , பணியகம் டி , மைய வங்கி , பணியகம் டி மாற்றம் , பண பாலிஸீ குழுக்கள் , வைப்பு பணம் வங்கிகள் ,

ABDULLAHI BORU HALAKHE - The Enduring Blind Spots of America's Africa Policy

Stashed inside pickup trucks and guarded by armed militias and jihadists, every year billions of illicit cigarettes wind their way through the lawless deserts of northern Mali bound for the Sahel and North Africa.
The profits from their long journey fuel north Mali’s many armed conflicts, lining the pockets of offshoots of al-Qaida and the so-called Islamic State (IS) group, as well as local militias, and corrupt state and military officials. This violence is now spilling out across West Africa, displacing more than two million people in Burkina Faso, Chad, Mali, and Niger.
Cigarettes made by one of the world’s largest tobacco companies, British American Tobacco (BAT) and distributed with the help of another major, Imperial Brands, through a company partially owned by the Malian state, dominate this dirty and dangerous trade. ....

South Sudan , United Kingdom , South Africa , Thandika Mkandawire , International Development Association , World Bank Group , Development Assistance , World Bank , Development Assistance Committee , Nic Cheeseman , Good Governance Agenda , Official Development Assistance , Assistance Committee , Grand Ethiopian Renaissance Dam , Cold War , Renaissance Dam , Good Governance , Monetary Policy Committees , Global South , தெற்கு சூடான் , ஒன்றுபட்டது கிஂக்டம் , சர்வதேச வளர்ச்சி சங்கம் , உலகம் வங்கி குழு , வளர்ச்சி உதவி , உலகம் வங்கி , வளர்ச்சி உதவி குழு ,

ADESINA, FISCHER & HOFFMAN - Speak of Me as I Am: Reflections on Aid and Regime Change in Ethiopia

We can call the kind of intrusive donor clientelism that Cheeseman is recommending Good Governance 2.0. His advocacy for strengthening patron-client relations between western donors and African governments, and his urging that donors use crises as a way of forcing regime change and policy conditionalities, is ahistorical, counterproductive and morally indefensible. ....

South Sudan , United Kingdom , South Africa , Nick Cheeseman , Thandika Mkandawire , International Development Association , World Bank Group , Development Assistance , World Bank , Development Assistance Committee , Good Governance Agenda , Official Development Assistance , Assistance Committee , Grand Ethiopian Renaissance Dam , Cold War , Renaissance Dam , Good Governance , Monetary Policy Committees , Global South , தெற்கு சூடான் , ஒன்றுபட்டது கிஂக்டம் , நிக் சீஸ்மேன் , சர்வதேச வளர்ச்சி சங்கம் , உலகம் வங்கி குழு , வளர்ச்சி உதவி , உலகம் வங்கி ,