06/06/2025
Nigeria to lose $215 million as US moves to cut foreign remittances
The bill has passed the US House of Representatives, and if implemented, it would cause Nigerians to lose about $215 million.
06/06/2025
The bill has passed the US House of Representatives, and if implemented, it would cause Nigerians to lose about $215 million.
06/05/2025
Today, we consider the possible impact if the National Assembly assents to the plan
06/05/2025
One of the fundamental meansures the policy brings into play is the use of worker quotas for foreign nationals.
06/03/2025
Follows a high court ruling in May that exporting funds via cryptocurrencies does not violate exchange controls.
06/03/2025
This figure is from what is known by researchers, cyber experts and journalists, but the authorities are silent on the matter.
05/30/2025
For South Africa, data has been lagging.
05/30/2025
In contrast to the increase in private sector credit, lending to the public sector saw a significant decline.
05/29/2025
Consequently, the financial institutions are intensifying a crackdown on loan defaulters across the country.
05/28/2025
Authorities have managed to keep inflation and the foreign exchange rates stable since last year
05/27/2025
South Africa’s MPC is expected to resume its rate cutting cycle and lower the benchmark rate by 25 basis points to 7.25%.
05/23/2025
Godongwana made only minor adjustments to the government's spending plans and deficit projections in a third budget presented on Wednesday
05/22/2025
These sanctions often include financial penalties and, in some cases, directives to improve internal systems and controls.
05/22/2025
The naira has faced additional pressure in recent weeks due to FX liquidity constraints
05/21/2025
The Bank of Ghana continues its oversight of these developments.
05/21/2025
The AIMAN president specifically called for the expedited completion and implementation of the long-delayed AIS Automation project.
05/21/2025
In the 2024/25 fiscal year, SARS reported a R81.8 billion (12.6%) increase in net personal income tax collections.
05/20/2025
The search for a new president of Africa’s apex financial institution is officially heating up. Adesina’s tenure is one marked by ambition and accomplishment.
05/20/2025
This could be enough to be a red flag for the SARB to hold – with talk of lowering South Africa’s inflation target also adding to a more cautious approach.
05/19/2025
The Group reported a 73% drop in fraud-related losses, falling from ₦6.15 billion in 2023 to just ₦1.64 billion in 2024.
05/19/2025
The country’s fiscal deficit widened