Economy & Finance

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 ...

West African

West African Insurers Urged to Unite Against Climate Risks

Doris Uzoka-Anite, Nigeria’s Minister of State for Finance, has called for stronger regional collaboration among ...

IMF

IMF Urges Nigeria to Cut Debt for Economic Resilience

The International Monetary Fund advised Nigeria and other nations to tackle high debt burdens. Excessive ...

Niigeria Poverty

Nigeria Poverty Dispute: Tinubu Rejects World Bank’s 139M Claim

On October 8, 2025, Nigeria’s Presidency rejected the World Bank’s claim that 139 million Nigerians ...

Air Peace

Air Peace Issues Scam Warning on Fake Flight Discounts

On October 8, 2025, Air Peace Limited issued an urgent Air Peace scam warning about ...

Latest News

Today in History

The following sentence: `A rough-coated, dough-faced, thoughtful ploughman strode through the streets of Scarborough; after falling into a slough, he coughed and hiccoughed.` Contains the nine different pronunciations of "ough" in the English Language.

Exchange Rate Per Dollar

AM Armenian Dram371.2611
GH Ghana Cedi11.191
GM Gambian Dalasi72.9975
GN Guinea Franc8,768.75
NG Nigerian Naira₦1,382.71
CF CFA Franc BEAC559.7014
02 May · CurrencyRate · USD
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Latest change: 02 May 2026 06:39 UTC
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