India’s Adani Dollar Bonds Hit Lowest Since November.
Dollar bonds issued by subsidiaries of the Indian conglomerate Adani Group fell after a scathing report by a U.S. short seller…
Day: January 27, 2023
Banks’ Percentage of Consumer Loans Reaches 29.13%.
By the end of December 2022, the maximum loan rate in the banking industry was 29.13% while the return on…
Ghana Agrees to a Domestic Debt Swap in a Deal with Insurers.
Ghana has made progress toward finishing its initiative, a crucial component in reestablishing economic stability and growth, by reaching an…
EU Allocates $102.5 million for Humanitarian Aid to Nigeria and other Countries
According to the European Union, the humanitarian aid of €102.5 million will support Nigeria and other nations in the Lake…
United States Denies Access to People who are “undermining” Nigerian Democracy.
Prior to this year’s elections in Nigeria, the US announced that it is limiting entrance to those “believed to be…
Nigeria: FG Allots N1.2tn for CBN Debt Servicing.
According to research, the Federal Government intends to spend N1.2 trillion servicing the loans it received from the Central Bank…
Nigeria Introduces a Domestic Card Program in an Effort to go Cashless.
Nigeria’s central bank unveiled a domestic card program to compete with global cards like Mastercard and Visa in an effort…