Naira Registers Worst Daily Devaluation, Falls by 51%
Naira Registers Worst Daily Devaluation, Falls by 51% The Nigerian local currency, the Naira, has registered its worst daily depreciation in history as the exchange rate worsened by more than…
RMB, World Bank Close First to Market MIGA Guaranteed Sovereign Loan
RMB, World Bank Close First to Market MIGA Guaranteed Sovereign Loan Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, has achieved a significant milestone in Africa by partnering…
Ecobank SuperSavers Account Holders Get Up to 9% Interest Rate
Ecobank SuperSavers Account Holders Get Up to 9% Interest Rate Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group has announced mouthwatering interest rates on its…
EC, AfDB Unlock New Funding for African Infrastructure Projects
EC, AfDB Unlock New Funding for African Infrastructure Projects On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a…
Crown Takaful Insurance Obtains NAICOM Approval to Begin Operation
Crown Takaful Insurance Obtains NAICOM Approval to Begin Operation Crown Takaful Insurance Ltd. has received an operating licence from the National Insurance Commission (NAICOM) to begin business, Managing Director, Mr…
Oil Rises on Red Sea Tension, US Economic Growth
Oil Rises on Red Sea Tension, US Economic Growth Oil prices increased over sustained disruption at the Red Sea route, garnished by conflicts in the Middle East. Positive price movement…
CBN Releases Additional $500m to Clear FX Backlog
CBN Releases Additional $500m to Clear FX Backlog The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the…
Tether USDT Swings on Volatile Price Movements in Crypto Market
Tether USDT Swings on Volatile Price Movements in Crypto Market Tether’s USDt price slides to $0.999927 with a 24-hour trading volume of $27,421,704,478. Tether USDt is down 0.01% in the…
South Africa End Morocco’s AFCON 2023 Dream, Zoom Into Quarter Finals
South Africa have a booked a place in the last eight of the 2023 Africa Cup of Nations after defeating Morocco 2-0 in the round of 16 on Tuesday. Despite…
Awoniyi Returns From Injury To Score Against Arsenal Again In Forest’s Home Loss
Taiwo Awoniyi returned from injury by getting Nottingham Forest’s goal in their 2-1 home loss to Arsenal in the Premier League on Tuesday. Awoniyi had been out injured since November…