Economy & Finance

MUSK

Musk Hits Record $600B

Elon Musk has shattered yet another financial record, becoming the first individual in history to ...

IMF

IMF Approves $1.2bn Loan Tranche for Pakistan

The International Monetary Fund (IMF) approved Pakistan’s latest loan review on Monday. This decision unlocks ...

OPAY

OPay Denies Shutdown, Vows Legal Action

OPay has officially denied viral rumors regarding its operations. The leading Nigerian fintech company rebutted ...

Currency

Currency Fluctuations Deepen Jet Fuel Crisis for Global Airlines

The aviation industry faces a widening financial divide. Volatile jet fuel prices are colliding with ...

GOLD

Gold Rallies as Weak Retail Data Fuels Rate Cut Hopes

Gold prices climbed on Tuesday, driven by fresh signs of a cooling U.S. economy. Softer-than-expected ...

BANK

Bank MD Jailed 5 Years for ₦32M Fraud – EFCC Strikes Again

Imagine running a bank meant to uplift everyday savers, only to turn it into your ...

Naira

Revive the Naira: CBN Urged to Roll Out N10,000 & N20,000 Notes

Nigeria’s naira has lost its grip on everyday life. Once-powerful, the N1,000 note, our highest ...

Nigeria’s Central Bank

Nigeria’s Central Bank Allocates $1.26B for Fuel Imports

The Central Bank of Nigeria allocated $1.26 billion between January and March 2025 to support ...

Sub-saharan

Sub-Saharan Africa Turns to Local Banks for Budgets

Across Sub-Saharan Africa, governments are increasingly relying on local banks to cover their financial needs. ...

Nigeria's Refinery

Nigeria Probes $35M Abandoned Bayelsa Refinery

Nigeria’s House of Representatives has launched an investigation into the stalled $35 million modular refinery ...

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Today in History

The KGB is headquartered at No. 2 Felix Dzerzhinsky Square, Moscow

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GM Gambian Dalasi73.5
GN Guinea Franc8,693.74
NG Nigerian Naira₦1,452.61
CF CFA Franc BEAC557.6251
16 Dec · CurrencyRate · USD
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