
Zainab Iwayemi
2510 articles published since 07 Jul 2023
2510 articles published since 07 Jul 2023
The CBN has refuted rumors of extending the Bureau De Change recapitalization deadline to December 2025, confirming that the deadline remains June 2025.
Nigeria plans to borrow $26 billion in 2025–2026 to bridge budget gaps, raising concerns from the IMF and analysts about rising public debt and economic risks.
The African Development Bank forecasts mixed performance for African currencies in 2025, with the naira and cedi expected to decline amid global uncertainties.
Tony Elumelu has purchased over 45 million UBA shares as the bank prepares to raise its capital base to N500 billion in line with CBN’s directive.
Africa’s billionaire count has risen to 23 with Zak Calisto joining the elite, while Aliko Dangote reclaims his spot as the continent’s richest man.
The CBN maintains the Monetary Policy Rate at 27.5%, boosting naira value and foreign exchange inflows while signalling improved economic stability.
Aliko Dangote, is recognised by Time magazine for his philanthropic efforts through a $1.25 billion foundation supporting health, education, and economic empowerment
Experts discuss the potential of Nigeria's eNaira 2.0, its challenges, and how it could drive financial inclusion and economic growth in the country.
Tanzania has banned the use of foreign currencies for all domestic transactions, mandating the exclusive use of the Tanzanian shilling to strengthen the economy
Zainab Iwayemi
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