Naira collapses to N840 to 1$ on parallel market as currency rebrand turns into nightmare
Nigeria’s beleaguered currency, the Naira has slumped to a record low against the dollar on the widely used parallel market...
Nigerian banks further ramp up dollar rationing
The persistent dollar scarcity in Nigeria and declining foreign exchange reserves have prompted some Deposit Money Banks (DMBs) to review...
Ghana experiences a week of turmoil and panic as it continues to address its economic gash
Ghana, for months now has made news rounds over its deteriorating economy. With so much downturn and very little resurgence,...
Verified Twitter users may soon have to pay a monthly fee to keep their badges under Elon Musk’s leadership: report
Following Elon Musk’s $44 billion deal to buy Twitter, several outlets reported the self-declared anti-advertising “Chief Twit” may soon launch a new...
Elon Musk just bought Twitter for $44 billion but he’s still the richest person in the world. Here’s how the Tesla and SpaceX CEO makes and spends his $212 billion fortune.
He had previously been tweeting about SpaceX’s Falcon rocket but the bird reference seemed to address his purchase of Twitter for...
Hunger-Inspired Anger Tears through Sierra Leone like Hurricane
Introduction Some parts of Sierra Leone were recently been engulfed in fits of violent outbursts. This once peaceful country, still...
Where’s the Dollar? How Shortage of USD May Be Crippling Nigeria’s Economy
Introduction The USD is not Nigeria’s currency. The USD is the currency of the United States of America. So why...
CBN redesigns naira notes, to begin circulation Dec 15
The Central Bank of Nigeria (CBN) has redesigned some new naira notes. Godwin Emefiele, CBN governor, said this at a...
Dangote to borrow N112bn for completion of refinery project
Dangote Industries Limited has resolved to borrow N112 billion from investors to complete its refinery project. The company requires an...
KPMG tells Nigerians to expect deeper debt crises
KPMG Nigeria has revealed that Nigeria is at risk of a deeper debt crisis if the government does not take...