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A service for FOREX trading professionals · Friday, May 30, 2025 · 817,444,632 Articles · 3+ Million Readers
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Africa FOREX Trading Newswire

  • Published on May 29, 2025

    Nigeria on path to recovery, progress – Abbas, Kalu

      Meanwhile the leadership of the National Assembly has thumbed up the president as he marks his second year in office, saying the country is moving on the path of progress Speaker of the 10th House of Representatives, Tajudeen Abass, and his Deputy, …

    Source: New National Star - Indeterminate
  • Published on May 29, 2025

    Forex scarcity: Consumers’ pain, bankers’ headache

    For years, Malawi has faced foreign exchange scarcity, largely due to the fact that the economy is more of an importing and consuming one instead of producing and exporting. Data on international trade shows that Malawi is in deficit situations with its …

    Source: The Nation Malawi - Center-left
  • Published on 04:28 GMT

    LCCI: Tinubu’s Reforms Expanding Service Sector, Leave Real Sector Struggling

    •Pate: Reforms attract Pharma investors, add 4m Nigerians to health insurance Nume Ekeghe and Dike Onwuamaeze The Lagos Chamber of Commerce and Industry (LCCI) has reviewed the impacts of President Bola Tinubu’s administration’s economic reforms and …

    Source: This Day - Pro-Government
  • Published on 03:05 GMT

    Two Years of President Tinubu’s Renewed Hope: A Nation Reborn

    By Gbenga Olufemi As President Bola Ahmed Tinubu marks two years in office, Nigeria stands at a historic crossroads—not of despair, but of transformation. The journey from May 29, 2023, to date has been nothing short of revolutionary, led by a bold leader …

    Source: This Day - Pro-Government
  • Published on May 29, 2025

    2nd Anniversary: Obasa commends Tinubu’s economic reforms

    The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has congratulated President Bola Ahmed Tinubu on his second anniversary in office, commending the bold and transformative economic reforms implemented under the Renewed Hope Agenda …

    Source: Eagle Online - Neutral
  • Published on May 29, 2025

    EFCC nabs 22-year-old alleged internet fraudster who harvested N5bn turnover In two-year

    The Economic and Financial Crimes Commission (EFCC) has taken into custody a 22-year-old suspected internet fraudster over alleged cybercrimes amounting to a staggering ₦5 billion in financial turnover. The suspect, whose identity has not been revealed …

    Source: Business Hallmark - Neutral
  • Published on May 29, 2025

    S’Africa overtakes Nigeria as Africa’s top fuel importer – Report

    Nigeria has relinquished its long-held position as Africa’s largest importer of refined petroleum products following the ramp-up of operations at the Dangote Petrochemical Refinery, a new report has stated. South Africa has now overtaken Nigeria as the …

    Source: Punch - Indeterminate
  • Published on May 29, 2025

    Behind the story of coffee (2): Africa's struggle against colonialism

    Women pour fresh coffee berries on a tarpaulin for sun-drying in a plantation near the town of Budadiri in the eastern Ugandan district of Sironko on June 6, 2024. (Photo by Ronald Ssekandi/Xinhua)The coffee bean has become a symbol of resilience and …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on May 27, 2025

    Naira depreciates against dollar across FX markets

    The naira recorded significant depreciation against the dollar across official and parallel foreign exchange markets this week. Central Bank of Nigeria exchange data showed that the naira weakened to N 1,583.73 against the dollar on Tuesday compared to N 1 …

    Source: Daily Post - Neutral
  • Published on May 28, 2025

    Nigerians never had it this bad – CUPP

      Joining the PDP in knocking the president in his second anniversary, the Coalition of United Political Parties (CUPP) described the two years of President Bola Tinubu’s administration as the worst in Nigeria’s history. CUPP in a statement signed by its …

    Source: New National Star - Indeterminate
  • Published on May 29, 2025

    The Rise of Cybercrime in Nigeria and How to Stay Safe

    In recent years, Nigeria has witnessed a concerning surge in cybercrime—a trend that mirrors the country’s increasing digital connectivity and internet penetration. From social engineering scams to sophisticated financial fraud, cybercriminals are …

    Source: The Herald - Indeterminate
  • Published on May 28, 2025

    Dangote ends Nigeria’s reign as Africa’s biggest petrol importer

    …South Africa takes lead Nigeria, long known as Africa’s biggest importer of refined petroleum products, has ceded that position to South Africa, marking a dramatic shift in the continent’s energy landscape. The development follows the operational ramp-up …

    Source: Business Day - Neutral
  • Published on May 28, 2025

    Midterm Review: How Nigeria’s agriculture sector fared in two years of Tinubu’s leadership

    When President Bola Tinubu assumed office as Nigeria’s new president in May 2023, he promised to enhance agricultural production and ensure food security. However, two years into his first term, Nigeria faces a hunger crisis more severe than when he came …

    Source: Premium Times - Neutral
  • Published on May 28, 2025

    Unlicensed Investment Platforms Target Nigerians With AI-Generated Content, Meta Ads

    Some unlicensed platforms, which have been banned or flagged in several European and Asian countries, are currently leveraging Facebook, Telegram and Instagram to advertise risky investment schemes to Nigerians through artificial intelligence-generated …

    Source: Foundation for Investigative Journalism - Neutral
  • Published on May 28, 2025

    Fresh $24bn borrowing may balloon Nigeria’s debt to N183tn

    •NASS set to approve Tinubu’s loan request, foreign debt nears $70bn, economists worry over high debt-servicing Nigeria’s public debt is set for another significant jump as President Bola Tinubu has requested the National Assembly’s approval to secure …

    Source: Punch - Indeterminate
  • Published on 00:13 GMT

    Old money, new problems

    Sanctions have significantly hindered the flow of fresh foreign currency into Russian banks, leaving both the institutions and their customers with a surplus of “old-series” dollars issued before 2009. Many foreign exchange offices reject these bills or …

    Source: Meduza - Neutral
  • Published on May 29, 2025

    ‘Economic sabotage’ — Atiku asks Tinubu to halt borrowing plan

    Former Vice-President Atiku Abubakar has asked President Bola Tinubu to halt his borrowing plan, describing the move as “reckless and dangerous”. In an X post on Thursday, Abubakar criticised the federal government’s plan for external and domestic loans …

    Source: The Cable - Neutral
  • Published on May 28, 2025

    AfDB projects 6% Nigerian naira depreciation in 2025 amid global market uncertainty 

    The African Development Bank (AfDB) has projected that the Nigerian naira will depreciate by at least 6% between 2025 and 2026, citing growing global financial market volatility as a key factor. The outlook, published in the African Economic Outlook 2025, …

    Source: Nairametrics - Neutral
  • Published on May 28, 2025

    The Price of Staying Connected in Nigeria

    In today’s digital age, internet connectivity is as essential as electricity and clean water. Yet, for many Nigerians, staying connected comes at a steep price, both financially and in terms of service quality. At the start of 2025, Nigerian telecom …

    Source: TechEconomy - Neutral

03 days 21:12:43

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