Gold Surpasses $1,800 Due to a BOJ Policy Change.
Gold prices increased 1% to over $1,800 as the dollar fell following the Bank of Japan’s unexpected policy change and…
Day: December 20, 2022
NBS: In Q3, 2022, Nigeria FG Generated N625 billion in VAT.
In the third quarter of 2022, the federal government collected over N625.39 billion in Value Added Tax (VAT). The National…
African Opposition Prevent the U.N. Global Nature Deal from Passing.
A historic worldwide agreement to safeguard the environment and channel billions of dollars toward conservation was accepted by the United…
The Total Assets of the Insurance Sector Reached N2.3 trillion.
At the end of the third quarter of 2022, the insurance industry in Nigeria had N2. 3 trillion in total…
Ghana Dollar Bonds Fell Following the Government’s Announcement to Halt Debt Payments.
After the government declared, it will stop making payments on Eurobonds, foreign commercial loans, and some bilateral debt, Ghana’s sovereign…
Bitcoin Gains close to $16,800.
In the midst of tense trading activity on the cryptocurrency market, the price of Bitcoin (BTCUSD) increases moderately. BTC’s price…
NGX Technology Board Listing Rules are Approved by the SEC.
The Securities and Exchange Commission (SEC) authorized the Rules for Listing on the NGX Technology Board on December 15, 2022.…
As Interest Rates Rise, Nigerians are Borrowing Less, According to the CBN.
According to Central Bank of Nigeria (CBN) records, the amount of outstanding consumer credit in Nigeria decreased by 6.78% from…
Shareholders of MTN Agree to Cancel 7.5 billion Shares.
The shareholders of MTN Nigeria Plc have authorized the cancellation of 7. 5 billion unissued shares in order to meet…
Nigeria Partners with Global Tech Firms to Promote Digital Economy.
Isa Pantami, Nigeria’s Minister of Communications and Digital Economy, met with American representatives of international technology companies in an effort…
After Weeks of Negotiations, EU Nations Agree on a Gas Price Cap.
The energy ministers of the European Union approved a gas price cap. The price ceiling was set at 180 euros…
China’s Capital has Seen a Gradual Increase in COVID-19 Surge.
The number of fatalities from the most recent COVID-19 outbreak in Beijing, China, has gradually increased as feverish clinic patients…
King Charles Banknotes’ First Images have been made Public.
The Bank of England has unveiled the new design for banknotes that feature the image of King Charles. The only…
Oil Increases on Anticipation for China’s Economy.
Oil prices increased as hopes that China would relax its Covid-19 restrictions outweighed worries that a global recession would reduce…
U.S. Plans to Invest $170 million in African Exports.
The U.S. Government program, Prosper Africa, which aims to increase bilateral trade and investment between the US and African countries,…