Volatility: West African markets reject naira transactions- Investigations

naira

By Tola Adenubi Investigations have revealed that some markets in the West African sub-region have started rejecting transactions in Naira following the free fall of the currency against the Dollars in the international market. When the Nigerian Tribune visited Topa market in Cotonou and Benin market in Seme, both in Benin Republic, it was discovered that many of the traders […]

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IMF Heavy Hand Hurts Small Countries in Africa: The Case of the Mamamah Airport in Sierra Leone

By Melvin P. Foote, President, Constituency for Africa (CFA) The International Monetary Fund’s track record of imposing unnecessary and often at times unassailable and harmful conditions on developing economies is incomprehensible.  While the world is finally excited by the dramatically improving prospects for the developing economies of Africa, it is unfortunate that institutions such as the IMF continue to place […]

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