Davos2023: A WEF Survey Predicts a Global Recession in 2023.
In a survey conducted by the World Economic Forum (WEF) of chief economists from the private and public sectors, two-thirds…
Day: January 17, 2023
Ghana Delays The Exchange Deadline for Domestic Debt a Third Time.
The registration deadline for Ghana’s domestic debt exchange has once more been extended, this time to January 31, according to…
Nigeria FG Advised to Increase Funding for Road Infrastructure.
Hon. Unyime Idem, a member of the House of Representatives representing the Ukanafun/Oruk Anam Federal Constituency, has called on the…
Microsoft is Rumoured to be Investing in OpenAI and Increasing ChatGPT Access.
Microsoft Corp (MSFT. O) announced that it is expanding access to wildly popular software from OpenAI, a startup it is…
China’s 2022 Economic Growth One of the Worst on Record.
As a result of severe COVID restrictions and a downturn in the real estate market in the fourth quarter of…
Gold Prices are Seen Rising Toward High Records.
As the United States slows the pace of rate hikes and eventually stops increasing them, analysts predict that gold prices…
PoS Operators Reject Raising the Service Fee.
In response to the Central Bank of Nigeria’s decision to review the cash withdrawal limits for automated teller machines and…
National Assembly Resumes, with a Priority on Restructuring the N23.7tn Loan.
The National Assembly will reconvene after its holiday recess to address outstanding matters of national importance, including the president’s request,…
Officially, the NLNG Bonny Plant is Still Functioning.
According to the Nigeria LNG Limited, despite a force majeure declaration made in October 2022 and issues with feed gas…
The Licensing for Oil Blocks will End in April – Nigeria FG.
The Federal Government declared that the seven deep offshore open oil blocs licensing round, which started on January 3, 2023,…
Inflation Rate in Nigeria Drops for the First Time in 11 Months.
The inflation rate in Nigeria decreased to 21.34 percent for the first time in 11 months. Up until November 2022,…
Market Value Decreases by N89.14 billion.
The market capitalization of the Nigerian Exchange Limited’s stock market decreased by N89.14 billion, signalling the start of a down…
The World Bank Chooses BoI to Allocate Funds for MSME
According to the Bank of Industry, the World Bank has approved its nomination as the national provider of the NG-CARES…
Shipowner Dispute Over $350 million Maritime Fund Distribution.
The Maritime Administration and Safety Agency wanted to merge with the Nigerian Indigenous Shipowners Association before distributing the $350 million…
CBN Initiates $15.3 billion to Help Bolster Naira.
To maintain the value of naira from January to October 2022, the Central Bank of Nigeria injected $15.3 billion into…