Ghana’s currency, the cedi, has continued to maintain relative stability against the US dollar and other major international currencies, as noted in the latest figures released by the Bank of …
Finance & Services
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AfricaBusinessBusiness InsightsFinance & ServicesGhanaGOVERNMENT
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesPolicies
DTB Kenya Cuts Lending Rates Again as Borrowing Costs Ease Nationwide
Diamond Trust Bank (DTB) Kenya has reduced its base lending rate for all Kenya shilling-denominated credit facilities, cutting it by 20 basis points from 14.41% to 14.21%, effective July 1, …
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AgricultureEastern AfricaEconomyFinance & ServicesFintech
Kenya Tops Africa in Digital Farm Payments as Mobile Money Reshapes Rural Finance
Kenya has emerged as the clear leader in Africa for digital agricultural payments, outpacing regional and global averages by a wide margin. According to fresh figures from the World Bank’s …
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DevelopmentDigital EconomyEducationFinance & ServicesInnovation
SanlamAllianz Launches N200,000 Youth Essay and Storytelling Contest in Nigeria
SanlamAllianz Nigeria, in collaboration with AfricaComicade, has launched its first-ever national Essay and Storytelling Competition for Nigerian youths aged 10 to 16. The initiative aims to promote creativity, financial literacy, …
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CorruptionEconomyFinance & ServicesGOVERNMENTInternational Relations
Nigeria, West Africa Lost $407bn to Trade Mispricing in a Decade – AU Panel Warns
Nigeria and several other countries in West and North Africa lost about $407 billion between 2001 and 2010 due to trade mispricing, mostly caused by commercial tax avoidance by multinational …
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BusinessEconomyFinance & ServicesManufacturingMarkets
Lafarge Africa Reports N268.6bn Q2 2025 Revenue, Up 70% Year-on-Year
Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …
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The Securities and Exchange Commission (SEC) says that Nigeria can unlock up to $500 billion in dormant agricultural and mineral assets if the country formalises the trading of commodities and …
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BusinessBusiness InsightsEastern AfricaEconomyFinance & ServicesSouthern Africa
Ugandan Shilling, Zambian Kwacha to Strengthen on Export Gains
In recent weeks, currency traders across Africa have been closely watching movements in local markets, with particular focus on the Ugandan shilling and the Zambian kwacha. Both currencies are now …
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CorruptionCrimeEconomyFinance & ServicesNigeria
SAN Wahab Shittu Warns Nigerians Against Naira Mutilation
A Senior Advocate of Nigeria (SAN), Dr. Wahab Shittu, has issued a stern warning to Nigerians against the mutilation and abuse of the naira, stressing that such acts damage public …
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Banking, Finance & InvestmentDevelopmentEducationFinance & ServicesNigeria
Polaris Bank Empowers Over 3,000 Youths at 2025 Maracana Children’s Fest in Ajegunle
Polaris Bank has reaffirmed its commitment to youth empowerment and social inclusion by supporting the 2025 Maracana Children’s Fest, a grassroots event that impacted over 3,000 young Nigerians in Ajegunle, …