As top finance ministers from around the world gather at a beachside resort in South Africa for the G20 summit, the host nation is struggling to keep its agenda on …
The naira moved closer to N1,530 per dollar in the parallel market as trading resumed on Monday, July 21, 2025. This movement comes as Nigeria’s foreign exchange market maintains some …
A Federal High Court sitting in Lagos has ruled that the Minister of Transportation and the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) have no legal authority …
The Nigerian Maritime Administration and Safety Agency (NIMASA) has ordered the shutdown of ShellPlux and TMDK Terminals located in the Ijegun-Egba area of Lagos State. The closure was carried out …
Uganda’s foreign exchange reserves have seen a major increase, jumping from $3.2 billion to $4.3 billion within one year. This rise represents about a 33% growth, giving the East African …
The Sea Empowerment and Research Centre (SEREC) has called on the Federal Government and the Nigeria Customs Service (NCS) to urgently review the operations of bonded terminals across the country. …
United Bank for Africa (UBA) Plc, one of the continent’s biggest financial institutions, has announced that its Artificial Intelligence (AI) chatbot, LEO, is now capable of performing cross-border payment transactions. …
The financial technology industry, commonly known as fintech, emerged in its current form in the late 1990s and early 2000s. However, the roots of fintech can be traced back to …
The Governor of the South African Reserve Bank, Lesetja Kganyago, has raised concerns that the tariffs imposed by former United States President Donald Trump on South African goods could lead …
South Africa is staring at a potential economic setback as new United States tariffs could see exports to the US fall by as much as $2.3 billion annually. This is …