Economy & Finance

NBS

Nigeria’s Inflation Rate Drops to 20.12% in August 2025

Nigeria’s inflation rate slowed significantly in August 2025, easing to 20.12% from 21.88% in July, ...

Dangote and Ethiopia

Ethiopia, Dangote Group Sign $2.5 Billion Fertiliser Plant Deal

Ethiopia has signed a landmark agreement with Nigeria’s Dangote Group to develop a $2.5 billion ...

CBN Egypt

Egypt Cuts Interest Rates by 200 Basis Points as Inflation Falls

The Egypt’s central bank has resumed its interest rate-cutting cycle, slashing overnight rates by a ...

President-Bola-Ahmed-Tinubu

NCC: Tinubu Ends Telecoms Levy

The Federal Government has scrapped the 5 per cent excise duty on telecommunications services, a ...

Okonjo Iweala and Tinubu

Okonjo-Iweala Commends Tinubu for Economic Stability

World Trade Organization (WTO) Director-General Dr. Ngozi Okonjo-Iweala has commended President Bola Ahmed Tinubu for ...

US Sanctions

U.S. Sanctions PARECO, CDMC for Congo Mineral Trade

On August 12, 2025, the U.S. announced sanctions against PARECO-FF, an armed group in eastern ...

Donald Trump

Trump Imposes 50% Tariff on Brazil Goods in 2025

US President Donald Trump announced a 50% tariff on most Brazilian goods on Wednesday, intensifying ...

Suluhu-900x570

Tanzania’s Business Restrictions:Ignites Tensions with Kenya

On July 28, 2025, Tanzania introduced a directive barring foreign nationals from operating in 15 ...

GDP

Nigeria’s Economy Grows 3.13% in Q1 2025 After GDP Rebasing

Nigeria’s economy is showing signs of progress, growing by 3.13% year-on-year in the first quarter ...

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Today in History

Lawn darts are illegal in Canada.

Exchange Rate Per Dollar

AM Armenian Dram368.4231
GH Ghana Cedi11.2014
GM Gambian Dalasi73.5798
GN Guinea Franc8,764.25
NG Nigerian Naira₦1,361
CF CFA Franc BEAC571.6826
18 Jun · CurrencyRate · USD
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Check: 18 Jun 2026 14:45 UTC
Latest change: 18 Jun 2026 14:36 UTC
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