Posted inEconomy Exchange NAIRA RATE
Naira Strengthens as Diaspora Remittances Surge, While U.S. Dollar Faces Pressure Ahead of Fed Rate Decision
Nigeria’s naira gains support from remittances and investments as U.S. dollar weakens on Fed rate…
South Africa Rejects BRICS De-Dollarization, Sparking Exit Speculation Amid Economic and Political Costs
South Africa dismisses BRICS currency union as misinformation, fueling exit talks over economic stagnation, geopolitical…
Abuja Court Joins Moniepoint in N21 Billion Fraud Case Involving EFCC, POS Merchants
Abuja court joins Moniepoint in N21B fraud case linked to Providus Bank POS glitch, EFCC,…
Abuja Court Joins Moniepoint in N21 Billion Fraud Case Involving EFCC, POS Merchants
Abuja court joins Moniepoint in N21B fraud case linked to Providus Bank POS glitch, EFCC,…
China’s Africa Exports Surge 25% in 2025, Reaching $122 Billion Amid US Tariff Pressures
China’s exports to Africa surge 25% in 2025, hitting $122B, as US tariffs redirect trade…
Posted inAfrica Banking Crypto Economy Stablecoins
Stablecoin Adoption Surges Amid USD Crises in Egypt, Nigeria, and Argentina
Stablecoins hit $35B in volumes as Egypt, Nigeria, and Argentina face currency collapse, inflation, and…
South Africa Plans Sweeping Derivatives Market Reforms to Reduce Systemic Risks
South Africa is tightening oversight of OTC derivatives, introducing new clearing and capital rules to…
Posted inBanking Economy NAIRA RATE Regulations
Nigeria Approves New 2024–2027 Debt Strategy to Strengthen Fiscal Stability and Manage Borrowing Risks
Nigeria adopts a fresh debt plan for 2024–2027, setting strict sustainability targets to stabilize borrowing…
Posted inEconomy Exchange Price Analysis
Nigeria’s FX Reserves Climb to $41 Billion, Highest Since 2021
Nigeria’s foreign reserves hit a 44-month high of $41B, reflecting improved FX inflows, oil earnings,…
Foreign Investors Flock Back to South African Bonds, Delivering Top Emerging Market Returns
South Africa’s bonds are attracting strong foreign inflows, offering some of the highest real yields…
India Eyes Nigerian Oil Purchases in Naira, Boosting De-Dollarization Efforts
India’s potential purchase of Nigerian oil in naira could mark a major push toward global…
Posted inEconomy Exchange Price Analysis
Nigerian Firms Post Record Cash Flows Amid Economic Recovery
Nigerian corporates rebound sharply in 2025 as stable naira fuels record operating cash flows, outpacing…
BRICS Expansion 2025: 11 Members, 32 More Nations in Line to Join
BRICS expands to 11 members, with 32 more nations seeking to join the influential economic…
CBN Concludes FX Forward Audit, Refunds Banks in Naira
The CBN has refunded naira to banks after closing its audit into failed FX forward…
Posted inEconomy Exchange Price Analysis Trading
Nigerian Stock Market Surges 16.57% in July, Best Month of 2025
Nigerian equities posted their strongest 2025 monthly gain in July, fueled by surging investor activity…
South Africa Slapped With 30% U.S. Tariff Amid Trade Tensions
Trump's new tariffs hit African exports hard, especially South Africa, shaking up Agoa trade…
Posted inEconomy Exchange NAIRA RATE Trading
Naira Rallies as Dollar Supply Improves
Naira gains strength as dollar inflows rise, forex policies tighten, and speculation crackdown boosts investor…
South Africa Pushes for U.S. Trade Deal Ahead of Tariff Deadline
South Africa races to secure a trade deal with the U.S. before steep tariffs hit…
Nigerian Stock Market Hits Record High, Closes Above 131,000 Points
Nigerian stocks soared to new 2025 highs, extending gains amid bullish sentiment and sector strength.…
Trump’s GENIUS Act Could Reshape Africa’s Stablecoin Future — New Law Sparks Global Ripple Effects
As Trump signs the GENIUS Act, Africa’s digital dollar lifeline faces new U.S.-driven regulations, risks,…
Posted inEconomy Exchange NAIRA RATE Price Analysis
Naira to Trade Between ₦1,500–₦1,600 in H2 2025 Amid CBN Support and Oil Market Recovery
Analysts predict the naira will hover between ₦1,500–₦1,600 in H2 2025, buoyed by CBN interventions…
Posted inBanking Economy NAIRA RATE
CBN Sets July 2025 MPC Meeting to Decide Nigeria’s Next Interest Rate Direction
Nigeria’s Central Bank will hold its next Monetary Policy Committee meeting this July to review…
Posted inCrypto Economy Regulations
IMF Flags Crypto Surge in Nigeria: Risks to FX, Capital Flow, and Security
Crypto is exploding in Nigeria. The IMF warns: unchecked growth could destabilize the naira, fuel…
Tinubu Joins BRICS Summit to Promote Nigeria’s Economic Reforms and Global Competitiveness
President Tinubu arrives in Brazil for the BRICS Summit to showcase Nigeria’s reforms and push…