Money

Africa FX Outlook: Kenyan and Zambian Currencies to Remain Stable, Nigeria’s Naira Expected to Weaken

In the coming week, the currencies of Kenya, Uganda, Ghana, and Zambia are forecasted to maintain relative stability, while Nigeria’s naira may face depreciation...

Texas Player Wins $800 Million Mega Millions Jackpot at Gas Station

A single ticket holder in Texas has won the staggering $800 million Mega Millions jackpot, lottery officials confirmed Wednesday. The life-changing ticket was purchased...

Elon Musk on Track to Be First Trillionaire by 2027, Report Says

Elon Musk is projected to become the world's first trillionaire by 2027, according to a new global wealth report by Informa Connect Academy. The...

China Not Pushing Africa into Debt Trap, South African President Says

South African President Cyril Ramaphosa rejected claims that Chinese investments are driving African nations into a "debt trap," describing the relationship instead as mutually...

Russian Court Blocks Raiffeisen Bank’s Sale of Local Unit by Freezing Shares

A Russian court has frozen shares in Raiffeisen Bank International's (RBI) local subsidiary, the largest Western bank operating in Russia announced on Thursday. This...

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