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

The ant always falls over on its right side when intoxicated.

Exchange Rate Per Dollar

AM Armenian Dram365.151
GH Ghana Cedi11.1233
GM Gambian Dalasi74.1276
GN Guinea Franc8,789.42
NG Nigerian Naira₦1,351.78
CF CFA Franc BEAC561.3564
23 Aug · CurrencyRate · USD
CurrencyRate.Today
Check: 23 Aug 2026 01:45 UTC
Latest change: 23 Aug 2026 01:37 UTC
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