The Ugandan Shilling Downward Trend Raises Inflation by 5%

The Ugandan shilling is in dire economic straits after a report on its continued decline. The Bank of Uganda in a statement today projected that...

NAIROBI’S RICH SHARE THE PAIN OF LOW-INCOME EARNERS

In December 2023, Kenya's economy, with Nairobi at the forefront, witnessed disproportionately high inflation, leaving a devastating experience for the higher class rather than...

FG COMMENCES NEGOTIATION WITH AFDB FOR FUNDING AID

The Federal Government, through Minister of Works David Umahi, has begun negotiations with the African Development Bank (AfDB) to secure finance for critical stretches...

BINANCE SET TO DISCONTINUE ALL NIGERIAN SERVICES BY MARCH 8

The popular and leading global cryptocurrency exchange platform, Binance, is set to discontinue all services in Nigeria involving the local fiat currency, the Nigerian...

CHINA TOP DESTINATIONS FOR AFRICAN STUDENTS TO STUDY ABROAD

The data derived from The Pie News revealed a 258% increase in the rate between 2011 and 2017 of African students migrating to China...

ZIMBABWE INTRODUCES CURRENCY BOARD

Zimbabwe is actively seeking new steps to stabilize its native currency, including plans to tether the exchange rate to tangible assets such as gold...

NIGERIA GOVERNMENT TRAINS 3000 FARMERS

An empowerment training program had been finalized by the Federal Ministry of Agriculture and Food Security. The ministry has been able to train and...

GERMANY AND NIGERIA FORM ALLIANCE TO PROMOTE MSMEs

The governments of Germany and Nigeria have reaffirmed their commitment to further collaboration in a significant step to support Micro, Small, and Medium Scale...

CENTRAL BANK OF NIGERIA BANS BANKS AND FINTECHS FROM INTERNATIONAL MONEY TRANSFERS

The Central Bank of Nigeria (CBN) has taken a big step by outlawing banks and fintechs from offering services for foreign money transfers. This...

Latest articles