Ghana’s Annual Inflation Rate Increased to 42.2% in May.
Ghana’s consumer inflation increased marginally from April to May, rising from 41.2% to 42.2% year over year, according to the…
Day: June 14, 2023
Emefiele’s Suspension: An Increase of N1.2 trillion in Market Capitalization.
On Tuesday, the market capitalization of the Nigerian stock market increased significantly by 4% (N1.22 trillion) to N31.6 trillion. When…
Uber and Bolt drivers issue a seven-day strike warning over low pay.
A planned peace conference between e-hailing companies and the drivers who use the various app-based platforms to operate came to…
IMF Advocates 5 Priority Policy Options For Nigeria Regarding Financial Inclusion.
The largest economy in Africa’s largest country has five top-priority policy options for promoting financial inclusion, according to the International…
Nigeria Increases Oil Production by 15.6% to 1.3 mb/d.
The Organization of Petroleum Exporting Countries, or OPEC, announced yesterday that Nigeria’s oil production, excluding condensate, grew by 15.6% to…
FG Approves Two Oil Export Terminal Licenses with a $11 billion Budget.
The Federal Government granted and signed permits for the construction of two crude oil export terminals, which have the potential…
The Index of Nigerian Banking Equities Rises to a 20-year High.
Following the dismissal of central bank governor Godwin Emefiele last week, who supervised restrictive policies, investors flocked to financial companies…
IOC and NNPCL Report Finding Oil in OML 102.
The joint venture between TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited has claimed an oil discovery in…
FG Targets N124 billion from New Import Tax.
A 0.5% import tax on commodities that was proposed in Finance Bill 2023 is expected to bring in around N124.26…
Lafarge Africa Names A New CEO.
Lolu Alade-Akinyemi has been named the new CEO of Lafarge Africa, who will lead the organization’s expansion strategies. The company…