On 9 January 2025, a significant change was implemented in the European Union’s banking system: all banks are now required to accept real-time euro transfers. This mandate, established by an EU regulation, ensures that customers can send and receive funds instantly, 24/7, with transactions completed within ten seconds. Prior to this regulation, while standard SEPA (Single Euro Payments Area) transfers …
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Lagos: The Glitz and the Grind of ‘Detty December’
‘Detty December’ has become synonymous with Lagos’s vibrant end-of-year celebrations, attracting Nigerians from the diaspora and international visitors eager to partake in the city’s dynamic festivities. The term, a playful adaptation of “dirty,” signifies the uninhibited revelry that characterizes the holiday season in Nigeria, particularly in Lagos. Detty December has become an annual homecoming that fosters reunions with family and …
Read More »How President Mahama can navigate Ghana’s economic challenges
Collins Nweke, a Nigerian-born scholar, political analyst and Pan-Africanist based in Belgium, assesses the current situation in Ghana and the economic challenges the country is facing. He outlines his recommendations for how newly-elected president of the country, John Dramani Mahama, who is set to be sworn into office on 7 January, could address these challenges. —- Next week the good …
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THE AFRICAN COURIER. Reporting Africa and its Diaspora! The African Courier is an international magazine published in Germany to report on Africa and the Diaspora African experience. The first issue of the bimonthly magazine appeared on the newsstands on 15 February 1998. The African Courier is a communication forum for European-African political, economic and cultural exchanges, and a voice for Africa in Europe.