Business

Reserve Bank of India slashes interest rates

RBI Slashes Interest Rates Amid Global Economic Uncertainty and Trump’s Tariff Surge

The Reserve Bank of India (RBI) has announced a 25 basis point cut in the ...

The United States slams Nigeria’s continued import ban.

Tariff War: US Slams Nigeria’s Import Ban on 25 Items

The United States has slammed Nigeria’s continued import ban on 25 product categories. It accused ...

Late Pascal Dozie (1939-2025)

Pascal Dozie, Founder of Diamond Bank, Dies at 85

Pascal Gabriel Dozie, renowned Nigerian entrepreneur and founder of Diamond Bank, has passed away at ...

West Africa Urged to Embrace Green Telecoms and Affordable Spectrum for Sustainable Digital Growth

West Africa Urged to Embrace Green Telecoms and Affordable Spectrum for Sustainable Digital Growth

Amara Brewah, chairman of the West Africa Telecommunications Regulators Assembly (WATRA) and director general of ...

Trump Labels China the ‘Worst Abuser’ on Tariffs as U.S.-China Trade Tensions Escalate

Trump Labels China the ‘Worst Abuser’ on Tariffs as U.S.-China Trade Tensions Escalate

The escalating trade tensions between the United States and China have taken center stage again ...

Naira Slides to N1,600/$1 as Global Trade Turmoil Shakes Markets

Naira Slides to N1,600/$1 as Global Trade Turmoil Shakes Markets

The Nigerian naira experienced a sharp decline on April 4, 2025, slipping to N1,600 per ...

Education Minister Proposes Two-Year NYSC, Expanded Skills Training

Education Minister Proposes Two-Year NYSC, Expanded Skills Training

In a sweeping proposal aimed at reengineering Nigeria’s national service scheme as a tool for ...

Egypt’s Net Foreign Assets Rise by $1.48 Billion in February, Signaling Economic Turnaround

Egypt’s Net Foreign Assets Rise by $1.48 Billion in February, Signaling Economic Turnaround

Egypt’s net foreign assets (NFAs) recorded a notable increase of $1.48 billion in February 2025, ...

Trump’s Global Tariffs Take Effect, Marking a Historic Shift in U.S. Trade Policy

Trump’s Global Tariffs Take Effect, Marking a Historic Shift in U.S. Trade Policy

President Donald Trump’s new 10% baseline tariffs on nearly all U.S. trading partners officially went ...

Trump’s New Tariff Plans Cast Doubt on the Future of AGOA Trade Deal with Africa

Trump’s New Tariff Plans Cast Doubt on the Future of AGOA Trade Deal with Africa

The future of the African Growth and Opportunity Act (AGOA), the United States’ flagship trade ...

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Today in History

August 13th is the day in 2004 that Hurricane Charley, a Category 4 storm, strikes Punta Gorda, Florida and devastates the surrounding area.

Exchange Rate Per Dollar

AM Armenian Dram383.6905
GH Ghana Cedi10.525
GM Gambian Dalasi72.5
GN Guinea Franc8,675
NG Nigerian Naira₦1,533.4
CF CFA Franc BEAC560.6283
13 Aug · CurrencyRate · USD
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Latest change: 13 Aug 2025 19:00 UTC
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