The Central Bank of Uganda has decided to maintain its benchmark interest rate at 9.75% for the second consecutive time, as the risks to inflation continue to increase. The decision was announced by ...

The Nigerian finance sector is evolving rapidly in 2025, driving demand for key roles like portfolio managers, investment ...

The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...

The Central Bank of Nigeria (CBN) has imposed a $25,000 weekly limit on foreign exchange purchases by Bureau de Change (BDC) ...

All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...

CBN announced the deadline extension on Monday, February 3, 2025, allowing eligible operators to access the official window ...

The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a maximum of $25,000 per week from a single bank.

African banks are currently facing considerable pressure. Most currencies in the region have weakened against the US dollar, ...

Nigeria has begun tolling the Abuja-Keffi-Akwanga-Lafia-Makurdi highway to fund road maintenance and repay the China Exim Bank loan.

The Human Rights Writers Association of Nigeria (HURIWA) has faulted the Federal Government’s plan to allocate $30 million to states under the Rural Access and Agricultural Marketing Project (RAAMP) ...

A member of the Central Bank of Nigeria’s Monetary Policy Committee, Murtala Sagagi, says excessive government spending is a ...

Compared with the past month, the naira has gained five percent, rising by N80 from N1,665 traded at the beginning of the ...