Buhari presents record $28 billion budget for 2018
Nigerian ailing President Muhammadu Buhari on Tuesday presented a record $28.16 billion budget for 2018 to the National Assembly. Africa’s leading oil producer has been […]
naira
Less than 1% of Naira Notes are Fake – Nigeria’s Reserve Bank
The Central Bank of Nigeria (CBN) on Tuesday said less than one percent of the west-African nation’s local currency in circulation is fake. The reserve […]
Dangote Lost 35% of his Wealth in 2016 – Bloomberg
The fortune of Aliko Dangote, Africa’s richest man, has fallen by 35% in 2016, on the back of a commodities slump coupled with falling stock […]
Nigeria’s Central Bank Suspends 9 Banks from the FX Market
Nine banks in Nigeria have been barred from the foreign exchange market, local news reported on Wednesday. The move comes after the banks reportedly failed […]
Africa richest man falls to 104th in the global ranking – Bloomberg
Bloomberg billionaires ranking report on Thursday indicated that Africa’s richest man, Aliko Dangote, is now the 104th wealthiest man on the planet, the first time […]