Finance
3 weeks ago
Federal Government Accuses CBN of Misappropriating N2.73 Trillion in Interest Payments
The Federal Government of Nigeria has accused the Central Bank of Nigeria (CBN) of misappropriating…
Finance
3 weeks ago
Fitch Warns of Economic Risks as Nigeria Faces Fiscal Challenges
Nigeria’s economic stability could face significant hurdles if the government fails to meet its fiscal…
Finance
December 11, 2024
Naira Weakens to N1,745/$1 on Parallel Market Amid Speculative Trading
The exchange rate between the Nigerian naira and the U.S. dollar slid back to around…
Finance
December 3, 2024
Nigeria’s Proposed Tax Reform Bill, Explained
A proposed amendment to Nigeria’s tax laws has sparked debates nationwide, especially concerning the sharing…
Finance
November 28, 2024
Asian Hackers Steal $17 Million from Uganda’s Central Bank
Hackers have infiltrated the systems of the Bank of Uganda, stealing a staggering 62 billion…
Finance
November 2, 2024
Biden Set to Become President With Most Economic Sanctions in US History
As the 2024 presidential election approaches, President Joe Biden is shaping up to become the…
Finance
November 2, 2024
USD to Naira Black Market Exchange Rate Hits ₦1,710: Key Insights for November 2024
As of November 2, 2024, the exchange rate for the US dollar (USD) against the…
Finance
October 25, 2024
Zimbabwe’s New Gold-Backed Currency Saw 50% Devaluation in Six Months
Less than six months after Zimbabwe introduced the ZiG, or Zimbabwe Gold, as its latest…
Finance
October 22, 2024
Top 10 Cities with the Most Centi-Millionaires in the World
As global wealth continues to accumulate at unprecedented rates, cities around the world are becoming…
Finance
October 22, 2024
South Africa Tops Africa’s Largest Economies, Nigeria’s GDP Projected to Decline to $199.72 Billion by End of 2024 – IMF Report
The International Monetary Fund (IMF) World Economic Outlook (WEO) report for October 2024 has projected…
