Fuel Prices in Tanzania Surge by 17% Amidst Dollar Shortage
Motorists in Tanzania will face a significant increase in fuel prices as the existing shortage of the United States dollar…
Day: August 4, 2023
Dollar Deposits in Kenyan Banks Reach New All-Time High as Shilling Depreciates
The value of dollar deposits in Kenyan commercial banks has reached a record high of Sh1.185 trillion by the end…
SEC and Capital Market Community to Partner with Federal Ministry to Boost Financing for Nigerian Solid Minerals Sector
The Securities and Exchange Commission (SEC) and the Capital Market Community plan to collaborate with the Federal Ministry of Mines…
Abuja Chamber of Commerce Urges Swift Implementation of N125bn Grants for SMEs
The Abuja Chamber of Commerce and Industry (ACCI) has called on the Federal Government to expedite the implementation of the…
UK and Nigerian Exchanges Partner to Boost Dual Listings and Sustainable Investment
The United Kingdom’s Foreign, Commonwealth, and Development Office (FCDO) have expressed their commitment to collaborating with the Nigerian Exchange Limited…
USAID Warns of Higher Food Prices in Nigeria and Developing Countries due to Halting of Ukraine’s Food Exports
The United States Agency for International Development (USAID) has issued a warning to Nigeria and other African countries about the…
Technology and Transparency Lead to Significant Cost Reduction in Nigerian Shipping Sector
The Convention on Business Integrity (CBi) revealed that shipowners’ operational costs in Nigeria have dropped by 86.67 per cent, from…
Nigerian Exchange Lists N130bn Sovereign Sukuk: A Boost to Infrastructure Financing
The Nigerian Exchange Limited (NGX) recently listed the Federal Government’s N130bn sovereign Sukuk through the Debt Management Office (DMO) on…
Potential Cost Savings and Benefits of Local Refining for Nigeria’s Oil Market
Oil marketers in Nigeria have highlighted the potential cost savings and benefits of local refining, stating that it could save…