The Nakfa – More than a Currency Name

By Sophia Tesfamariam, The media and the anti-Eritrea groups and “professional dissidents” must be experiencing a dry spell-the main topic for the flying goats today is the Eritrean currency redemption program. The FUDists-those who insist on spreading Fear, Uncertainty and Doubt about Eritrea and its government have now converted from “human rights” and “democracy” activists […]

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Eritrea Issued Legal Notice to Regulate New Currency

By TesfaNews, The National Bank of Eritrea issued a legal notice No. 124/2015 to replace all denomination of the existing Nakfa currency notes with a new legal tender Nakfa currency notes. The unprecedented step that aimed at stimulating the economy first by regulating the circulation of the national currency is expected to effectively curb the rampant money […]

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