Exchanging foreign currency, especially US dollars, can feel like a complex maze for many. Traditional banks often offer less favorable rates. Hidden charges can also eat into your hard-earned money. …
Banking, Finance & Investment
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AfricaBanking, Finance & InvestmentBusinessBusiness InsightsDigital EconomyEducationFinance & ServicesFintechINVESTMENTProduct ReviewTechnology
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Banking, Finance & InvestmentDigital EconomyFinance & ServicesTechnologyTelecommunications
Banks Settle USSD Debts as Telcos Prepare to Start Deducting Charges from Airtime
Thirteen Nigerian commercial banks have finished paying their outstanding Unstructured Supplementary Service Data (USSD) debts to mobile network operators (MNOs). The remaining three banks have paid more than 95 percent …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyMarketsNewsPoliciesSouth Africa
South African Rand Drops Amid Iran-Israel Conflict
JOHANNESBURG, June 19 (Reuters) – The South African rand weakened in early Thursday trade, reflecting growing global risk aversion as the Iran-Israel conflict stretched into its seventh day and investors …
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AfricaAFRICA NEWSEastern AfricaEconomyINVESTMENTLeadershipPolitics
President Mwinyi Receives Special Recognition for Championing Investment in Zanzibar
ZANZIBAR CITY – Zanzibar President Dr. Hussein Ali Mwinyi has been honoured with a Special Recognition Award by the Zanzibar Investment Promotion Authority (ZIPA) for his outstanding role in transforming …
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AfricaDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTNigeria
EY Nigeria to Host Roundtable on Boosting Africa’s Development
EY Nigeria has announced a major roundtable discussion that will focus on how private capital can be used to speed up Africa’s development plans. The event, which will hold next …
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AgribusinessAgricultureBusinessDevelopmentEconomyINVESTMENTNigeria
Odu’a Investment Unveils Agro Industrial Hub in Ekiti to Boost Youth Jobs and Food Security
Odu’a Investment Company Limited has launched a major agro-industrial initiative in Oke Ako, Ikole Local Government Area of Ekiti State, aimed at increasing agricultural production, empowering youths, and improving the …
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EconomyFinance & ServicesINVESTMENTMarkets
Nairobi Stock Market Recovers Slightly After Drop Caused by Israel-Iran Conflict
The Nairobi Securities Exchange (NSE) managed to regain some strength on Thursday, days after it suffered heavy losses due to tensions between Israel and Iran. Investors in Kenya and across …
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AfricaDevelopmentEconomyEnergyGOVERNMENTINVESTMENTOil & Gas
Tinubu to Speak at African Energy Week in South Africa
President Bola Ahmed Tinubu will deliver a keynote address at the 2025 edition of African Energy Week (AEW) in Cape Town, South Africa. The event, which will take place in …
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Banking, Finance & InvestmentEconomyFinance & ServicesInsuranceMarketsNigeriaOil & Gas
Nigerian Stock Market Gains N1.18tn in One Day as Insurance
The Nigerian Exchange (NGX) closed strong on Wednesday, 19 June 2025, with investors showing renewed interest in insurance and oil and gas stocks, pushing the market capitalisation up by ₦1.18 …
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EconomyGOVERNMENTInfrastructureINVESTMENTNigeriaPolicies
Nigeria’s Infrastructure Boss Woos Investors
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, has declared Nigeria open for business and ready for global partnerships, urging both local and international investors to tap …