Despite these positive developments, the recent floods that have ravaged the nation pose a significant threat to Rwanda's economic momentum.
OPay currently boasts the largest network of agents, with 563,262, followed by PalmPay with 500,000 agents and Moniepoint with 322,266 agents.
US Inflation Cools Significantly, Offering Promising Outlook for Federal Reserve's Actions Deceleration of Inflation in US Raises Hopes for Conclusion of Aggressive Interest Rate Rise
Brent oil, against which Nigerian oil is priced, fell 6 cents to $79.34 a barrel while the U.S. West Texas Intermediate (WTI) crude slipped 6 cents...
Top foreign exchange (FX) analyst, Geoff Kendrick, suggests a 20% "upside" to their previously forecasted $100,000 valuation for Bitcoin at the end of 2024.
Unemployment in the three months to May jumped to 4%, 0.5% from its low nine months ago and steadily rising
With over 500,000 agents, OPay's network surpasses that of Firstmonie, the fintech arm of one of Nigeria's largest banks
The exchange rate has reached over N1000 to £1, leaving many Nigerians worried about the future of their currency.
The demand stems from an alleged unsettled debt of N13.5 billion Otudeko owed Ecobank Nigeria Limited.
As of July 11th, 2023, the dollar to naira exchange rate is 1 USD to 800 NGN at the black market. This means that for every...