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Day: February 5, 2024

Dollar Supply Surges, Naira Closes Week at N1435.53/$
BankingBreakingBusinessCurrencyFinanceLocalMarketTrade

Dollar Supply Surges, Naira Closes Week at N1435.53/$

In the official foreign exchange market, dollar supply witnessed a significant increase, rising by 180.59 percent to $440.13 million on…

byayotilewaFebruary 5, 2024February 5, 2024
N146bn Needed for Marina Shoreline Repairs- FG
CommoditiesenvironmentFinanceInvestingLocal

N146bn Needed for Marina Shoreline Repairs- FG

The Minister of Works, David Umahi, has highlighted the need for N146 billion to repair the deteriorating Marina shorelines during…

byayotilewaFebruary 5, 2024February 5, 2024
Neveah Ltd Redeems N2.92bn Commercial Papers
BusinessCommoditiesFinanceInvestingLocal

Neveah Ltd Redeems N2.92bn Commercial Papers

Neveah Limited, a commodity trading company specializing in solid minerals and agricultural products, has fulfilled its obligation by redeeming the…

byayotilewaFebruary 5, 2024February 5, 2024
NGX Regulation, IFRS, and FRC Nigeria Commits to Sustainability Reporting
AfricaBusinessFinanceLocal

NGX Regulation, IFRS, and FRC Nigeria Commits to Sustainability Reporting

The NGX Regulation Limited, IFRS Foundation, and Financial Reporting Council of Nigeria have reaffirmed their dedication to promoting sustainability reporting…

byayotilewaFebruary 5, 2024February 5, 2024
Ghana Cabinet Withdraws 15% VAT on Electricity
AfricaBusinessCommoditiesEnergy

Ghana Cabinet Withdraws 15% VAT on Electricity

The Ghanaian Cabinet has decided to retract the 15% Value Added Tax (VAT) on electricity in response to widespread public…

byayotilewaFebruary 5, 2024February 5, 2024
COCOBOD Dismisses Reports on Cocoa Importation as “Misinformation”
AfricaBusinessCommoditiesMarketWorld

COCOBOD Dismisses Reports on Cocoa Importation as “Misinformation”

COCOBOD has refuted media reports regarding a leaked official letter purportedly approving the importation of 2,500 metric tonnes of cocoa…

byayotilewaFebruary 5, 2024February 5, 2024
Pres. Akufo-Addo Sends Condolence on the Passing of Namibian President
Local

Pres. Akufo-Addo Sends Condolence on the Passing of Namibian President

President Nana Addo Dankwa Akufo-Addo has extended his condolences to the Government and people of Namibia following the passing of…

byayotilewaFebruary 5, 2024February 5, 2024
Iraq Bans Eight Local Banks from U.S. Dollar Transactions
BankingBreakingBusinessEuropeFinanceWorld

Iraq Bans Eight Local Banks from U.S. Dollar Transactions

Iraq has implemented a ban on eight local commercial banks from conducting U.S. dollar transactions as part of efforts to…

byayotilewaFebruary 5, 2024February 5, 2024

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