Egypt’s Economy Suffers From A Dollar Shortage As Imports Are Restricted.
Egypt’s economic problems have worsened due to the conflict in Ukraine. Unfortunately for individuals who had planned purchases, like Aiad,…
Day: September 28, 2022
Emefiele Asserts That There Is No Law Requiring CBN To Give Dollars To Foreign Airlines.
Foreign airlines’ funds stranded in Nigeria, according to the International Air Transportation Association (IATA), climbed from $450 million in May…
Kenya Will Stop Using Diesel and Gasoline Trucks and Adopt Green Transportation.
Kenya Power plans to buy additional electric vehicles, including two-wheelers and three-wheelers; in the near future in an effort to…
Guinness Nigeria Increases Shareholder Returns By Stepping Up Its Expansion Plan.
About 11 years ago, the parent company of Guinness Nigeria, Diageo Plc invested over N52 billion in capacity expansion; making…
Experts Criticize CBN for Raising Interest Rates To Combat Inflation.
Inflation is already out of control, reaching a 17-year high in August of 20. 52 percent, stifling the parallel market…
Nigeria Pledged To Promote Environmentally Friendly Shipping – FG.
The Federal Government of Nigeria has stated that Nigeria is committed to developing greener shipping; in line with the International…
CBN Increases MPR To 15.5% In A Determined Effort To Control Inflation.
The Monetary Policy Rate (MPR), known as the interest rate, was increased by 150 basis points from 14 to 15.…
In Terms of African Pension Asset Growth, Nigeria Came In Fifth.
According to a recent report by the Organization for Economic Co-operation and Development, Nigeria has the fifth greatest pension asset…
The Eurozone’s Economic Growth May Come To A Halt.
According to the deputy president of the European Central Bank (ECB); economic growth in the Eurozone has slowed and may…