Story Highlights
Nigeria’s exchange rate closed June 2024 at N1,503.3/$1, marking a 1.3% depreciation for the month.
Despite breaking the N1,500/$1 barrier, the exchange rate stayed pretty steady, moving between N1,470 and N1,503.
This is the...
A new report from Malaria No More UK has revealed that meeting the World Health Organisation (WHO) target of reducing malaria by 90 per cent by 2030 could add $126.9 billion to Africa's Gross Domestic Product (GDP).
The report was...
The Senate on Wednesday constituted a 15-member committee to unravel the circumstances surrounding the persistent importation of hazardous petroleum products by the Nigerian National Petroleum Corporation Limited (NNPCL).
Senate President Godswill Akpabio announced the composition of the committee during plenary.
He...
House of Representatives Investigates Anchor Borrowers Scheme
The House of Representatives is looking into the N1.12 trillion Anchor Borrowers Scheme. This program, run by the Federal Government through the Central Bank of Nigeria (CBN), is meant to provide...
The Quebec province in Canada has put a limit on the number of family sponsorship visa applications. This can affect many people wanting to move, including those from Nigeria.CIC News reports that Quebec will only accept 13,000 family sponsorship...
Students from the University of Benin (UNIBEN) went to the streets on Wednesday. They blocked the busy Benin-Ore Highway. They were angry because there has been no power on their campus for many weeks.The long power cut has made...
Ghanaian chef Ebenezer Smith, who claimed to have broken the Guinness World Record (GWR) for the longest cooking marathon by an individual, has been arrested.
In its report on Tuesday, Asaase Radio, a private radio station in Accra, broke the...
Sending $200 to Sub-Saharan Africa cost more in 2023. It went up from 7.4% in 2022 to 7.9% in 2023, says the World Bank.
The World Bank said this in their report about migration and development...
When the interest rates in the U.S. go up, it can make the U.S. dollar stronger. This can affect other countries' money, like the Nigerian naira, and make it weaker.
Recently, the rate for a 10-year government bond in the...
Synergy Between Digital Financial Services and Industry Drives Long-Term Growth
Honda Capital Financial Platform (HCFP) is an emerging financial platform...
