The Nigerian naira hit a historic low in the parallel market, closing at N1,700 per U.S. dollar on October 14,...

On October 11, 2024, the Nigerian naira weakened against the U.S. dollar, closing at N1,641.27 in the official Investor and...

Foreign capital inflows from BRICS countries into Nigeria surged by 189% in the first half of 2024, reflecting Nigeria's growing...

The Kenyan shilling has appreciated by 17% against the US dollar in 2024, driven by the Central Bank of Kenya’s...

The Department of State Services (DSS) has implicated several Central Bank of Nigeria (CBN) employees in the alleged misappropriation of...

The naira continued its downward trend against the U.S. dollar on October 9, 2024, closing at N1,625.13 in the official...

The Central Bank of Kenya (CBK) has reduced its key lending rate by 75 basis points, bringing it down to...

Nigeria saw a significant decline in capital importation during the second quarter of 2024, with a 22.85% drop from $3.37...

Nigerian bank customers are expected to face further service disruptions as several financial institutions transition to new core banking systems...

Nigeria's electricity distribution companies (Discos) have seen a significant boost in their revenue, collecting a total of N887.86 billion in...