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. …
Finance & Services
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AfricaBanking, Finance & InvestmentBusinessBusiness InsightsDigital EconomyEducationFinance & ServicesFintechINVESTMENTProduct ReviewTechnology
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EconomyFinance & ServicesGOVERNMENTPoliciesTechnology
FG Launches REV-OP to Tackle Revenue Leakages and Boost Transparency
The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
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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 NEWSBusiness and EconomyEconomyFinance & ServicesSouth Africa
High Court Slams JDG Trading’s Loan Insurance as Unreasonable to Social Grant Beneficiaries
JOHANNESBURG – The Gauteng High Court in Johannesburg has ruled that it is unreasonable and exploitative to offer insurance cover for disability and retrenchment to already disabled or unemployed social …
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EconomyFinance & ServicesGOVERNMENTNigeria
FG, States, LGs Share N1.659trn FAAC Revenue for May 2025
The Federal Government, State Governments, and Local Government Councils have shared a total revenue of ₦1.659 trillion for the month of May 2025, according to a communiqué issued at the …
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EconomyFinance & ServicesGOVERNMENTOil & Gas
Senate Gives NNPCL One Week to Explain N210tn Financial Discrepancy
The Senate of the Federal Republic of Nigeria has given the Nigerian National Petroleum Company Limited (NNPCL) a one-week ultimatum to provide clear explanations for alleged discrepancies amounting to over …
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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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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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DevelopmentEastern AfricaEconomyFinance & ServicesGOVERNMENTPolitics
President Samia Orders Councils to Boost Tax Collection
President Samia Suluhu Hassan has directed all local councils in Tanzania to increase efforts in collecting taxes and levies, stressing the urgent need for the country to grow financially independent …
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The Osun State Government has accused top officials at the Central Bank of Nigeria (CBN) and the Office of the Accountant General of the Federation of planning to divert statutory …