On Tuesday, the official exchange rate between the naira and the dollar dropped to 869.91/$1, signifying a loss of N60.89...

Africa is witnessing a positive shift as numerous countries try to welcome visitors from across the continent without the burden...

In a bid to address the severe depreciation of its local currency, the Zambian central bank has announced a forthcoming...

Amidst the economic challenges faced by various sectors, Nigerian cement producers have displayed remarkable resilience, managing to maintain profitability throughout...

In a recent financial development, the Nigerian naira experienced a depreciation against the US dollar on November 6, 2023, culminating...

In a significant development, the Pension Transitional Arrangement Directorate (PTAD) has successfully delivered ₦1.02 billion in accrued arrears to 7,091...

Fitch Ratings has upheld Nigeria's long-term foreign-currency issuer default rating at 'B-' with a stable outlook, citing the ongoing reforms...

The United States and the European Union have joined forces with the African Development Bank (AfDB) and the Africa Finance...

Elon Musk is gearing up to introduce his first AI model, "Grok," to premium X users. Described as being "based"...

In the ever-evolving landscape of national budgets, the 2023 Supplementary Budget of Nigeria has sparked significant public interest and debate....