Naira Escapes Africa's 10 Weakest Currencies in 2025
South Sudanese pound and Ethiopian birr lead Africa's worst-performing currencies in 2025, losing over 10% vs dollar. See why the Naira avoided the bottom 10 despite its struggles.
Category : Search result: currency volatility Africa
Nigeria's Forex Market Expands with Better Access & Liquidity
Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
Naira Gains Against Dollar, Experts Predict 2026 Rate
The Naira extended its gains against the US dollar, reaching N1,449.99/$1 in the official market. Analysts from SBM Intelligence and Citibank provide contrasting forecasts for the currency's exchange rate in 2026.
Access Holdings to Raise N40bn via Private Placement
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
PFL Africa Finals: First Champions Crowned in Cotonou
The inaugural PFL Africa Finals in Cotonou crowned the first-ever African champions. Read about the historic fights, $100,000 winners, and the stars who attended.
Osupa's Coronation Performance Draws Reactions, Fans Troll Taye Currency
Fuji star King Saheed Osupa's performance at Seyi Tinubu's coronation as Okanlomo of Yorubaland wows fans, leading to comparisons and jabs at colleague Taye Currency. Get the full story and reactions.
Why Africa's Green Transition Needs a Development Focus
A new report warns Africa's climate strategy must combine debt relief with low-carbon growth to ensure the green transition delivers real development dividends, not just emissions cuts.
Broos Targets Historic AFCON Win with Second Nation in Morocco
South Africa coach Hugo Broos, the only AFCON-winning coach at Morocco 2025, aims to join Herve Renard in winning the title with two different nations. Can Bafana Bafana triumph?
AfricaRice, Kasetsart University Partner to Transform Rice Sector
AfricaRice and Thailand's Kasetsart University sign a major MoU to boost rice research, climate-resilient varieties, and food security across Africa. Read the full details of this transformative partnership.
UNICEF, WHO Warn of Child Health Catastrophe in Africa
UNICEF projects 1.8 million annual child deaths in Africa by 2040. WHO and UNAIDS warn of stalled HIV fight. Urgent political action and investment in primary healthcare are needed to avert disaster.
Russia-Africa Partnership Forum meets in Egypt to boost cooperation
Russia pledges expanded cooperation with Africa at Cairo ministerial conference. Trade exceeds $27bn, with focus on industrial growth, security, and education. Details inside.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Nigerian Man Killed by South African Police, 4 Arrested
Osinakachukwu Onu was fatally shot during a traffic stop in Klerksdorp. Four officers face murder charges. Read the full details of this tragic incident and the swift police response.
Broos Confirms South Africa's Readiness for AFCON 2025
South Africa's head coach Hugo Broos says his team is prepared for AFCON 2025 in Morocco. Bafana Bafana aim to surpass their 2023 bronze finish in a tough Group B. Read more.
UAE invests $6bn in Africa's tourism sector
The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.
4 Traffic Cops Arrested for Murder of Nigerian in SA
Four South African traffic police officers have been arrested for the murder of 37-year-old Nigerian Osinakachukwu Marcus Onu. The suspects will face court on murder charges. Read the full details.
EFCC Arrests 5 'Babalawos' With Counterfeit $3.4M, €280K
Nigeria's EFCC arrests five herbalists in Osun and Lagos for fraud involving counterfeit dollars and euros. Suspects promised spiritual currency conjuring. Full story.
Airtel Africa, SpaceX to Launch Starlink Mobile Service in 2026
Airtel Africa partners with SpaceX's Starlink to deliver direct-to-cell satellite connectivity across 14 African countries from 2026, bridging the digital divide. Learn the details.
Community beats man for alleged assault on child
Angry residents in eThekwini, KZN, beat a man to a pulp for allegedly assaulting his girlfriend's 5-year-old daughter. The suspect was later handed to Verulam SAPS. Read the full report.
10 African Coups in Five Years: A Continent's Turmoil
From Mali to Guinea-Bissau, Africa has witnessed 10 successful military coups since 2020. Explore the timeline, key figures, and ongoing instability shaping the continent's political landscape.
12 killed in South Africa hostel shooting
Gunmen stormed an illegal bar in a Pretoria hostel, killing 12 people, including three children. Police link the tragedy to unlicensed liquor outlets.
Investors Urged to Ditch One-Dimensional Strategies
Financial experts warn Nigerian investors against single-asset strategies amid market volatility and inflation. Diversification is key to building resilient portfolios. Learn how to adapt.
Africa Real Estate Festival Set for Accra in April 2026
Ghana will host the inaugural Africa Real Estate Festival (AREF) in April 2026. The event themed 'Innovation Meets Identity' aims to shape the continent's urban future. Read more.
Petit Snubs Nigeria, Picks AFCON 2025 Favourites
Arsenal legend Emmanuel Petit has named Morocco and South Africa as his favourites to win AFCON 2025, snubbing Nigeria's Super Eagles. Get the full story and expert analysis here.
South Africa to Sit Out 2026 G20 After US Ban
South Africa announces it will not participate in the 2026 G20 meetings after the US barred its inclusion. Get the full details on this diplomatic standoff and its implications for multilateralism.
Paramount Africa Shuts Down, MTV Base & BET Africa Go Off-Air
Paramount Africa ceases operations in Nigeria & South Africa after 20 years. MTV Base & BET Africa will disappear from DStv & GOtv on January 1, 2026. Details here.
Africa Now a Global Hub for Innovation, Says LEAP Africa
At the 2025 Social Innovators Programme, LEAP Africa declared Africa a global innovation centre driven by youth. Discover the award winners and key insights.
Africa's Private Wealth Exodus Threatens Development
Experts in Lagos warn that Africa's development is stunted by massive private wealth flowing offshore. Building local Family Offices is key to keeping capital at home. Read more.
UAE's $1bn AI Boost for Africa at First G20 Summit
Africa's inaugural G20 Summit in South Africa sees UAE commit $1bn to AI development. Discover how Gulf investment is transforming the continent's tech future. Read more.
Sanwo-Olu Calls for Stronger Nigeria-South Africa Investment Ties
Lagos Governor Babajide Sanwo-Olu advocates for a transformative economic partnership between Nigeria and South Africa at the Nigeria-South Africa Chamber of Commerce's 25th-anniversary event. Discover the new strategic vision.
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