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Day: February 6, 2024

Trump to Impose Higher Tariffs on Chinese Goods if Re-elected
BusinessCommoditiesTradeWorld

Trump to Impose Higher Tariffs on Chinese Goods if Re-elected

Former US president Donald Trump has declared his intention to levy additional tariffs on Chinese goods exceeding 60% if he…

byayotilewaFebruary 6, 2024February 6, 2024
Yandex: “Russia’s Google” Withdraws from Home
World

Yandex: “Russia’s Google” Withdraws from Home

The owner of Yandex, dubbed “Russia’s Google”, has announced its withdrawal from its home country, selling its Russian operation for…

byayotilewaFebruary 6, 2024February 6, 2024
Businesses Deem Bank of Ghana’s Monetary Policy Insufficient
BankingBusinessFinanceWorld

Businesses Deem Bank of Ghana’s Monetary Policy Insufficient

Businesses have expressed dissatisfaction with the Bank of Ghana’s (BoG) 100 basis point reduction in the monetary policy rate, lowering…

byayotilewaFebruary 6, 2024February 6, 2024
UBA Appoints new CEOs in Kenya and Sierra Leone
AfricaBankingBreakingBusinessLocalWorld

UBA Appoints new CEOs in Kenya and Sierra Leone

United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili and Mohamed Alhajie Samoura as the new…

byayotilewaFebruary 6, 2024February 6, 2024
NNPC Adresses Concerns on Fuel Scarcity
CommoditiesEnergyLocalTrade

NNPC Adresses Concerns on Fuel Scarcity

The Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns regarding long queues at filling stations in parts of Lagos,…

byayotilewaFebruary 6, 2024February 6, 2024
Airtel Africa Plans $100 million Share Buyback
BusinessCommoditiesFinanceInvestingLocalStock

Airtel Africa Plans $100 million Share Buyback

Airtel Africa Plc has unveiled its intention to repurchase up to $100 million worth of its shares, underscoring confidence in…

byayotilewaFebruary 6, 2024February 6, 2024
BAT (Nigeria) Unveils Solar Panel System
BreakingCommoditiesEnergyLocal

BAT (Nigeria) Unveils Solar Panel System

Today, British American Tobacco (BAT) (Nigeria) Limited will inaugurate a 1.4MWP grid-tied solar panel system at its Ibadan factory, marking…

byayotilewaFebruary 6, 2024February 6, 2024
Bank Directors Supports CBN on Foreign Currency Hoarding
BankingCommoditiesFinanceLocal

Bank Directors Supports CBN on Foreign Currency Hoarding

The Bank Directors Association of Nigeria (BDAN) has expressed support for the Central Bank of Nigeria’s (CBN) directive instructing commercial…

byayotilewaFebruary 6, 2024February 6, 2024
IFC’s Invests $2 Billion Across Sectors in Nigeria
BusinessFinanceFinanceInvestinginvestmentLocalStock

IFC’s Invests $2 Billion Across Sectors in Nigeria

Sergio Pimenta, the Regional Vice President for Africa at the International Finance Corporation (IFC), revealed that the institution’s investments in…

byayotilewaFebruary 6, 2024February 6, 2024
Alan Kyerematen Plans to Revitalize Ghana’s Economy
AfricaFinanceMarketWorld

Alan Kyerematen Plans to Revitalize Ghana’s Economy

Alan John Kwadwo Kyerematen, Leader and Founder of the Movement for Change, has introduced his Great Transformational Plan (GTP) aimed…

byayotilewaFebruary 6, 2024February 6, 2024
NAFDAC Bans Alcoholic Beverages in Sachets Under 200ml
Local

NAFDAC Bans Alcoholic Beverages in Sachets Under 200ml

The National Agency for Food and Drug Administration and Control (NAFDAC) has officially declared its intention to enforce the ban…

byayotilewaFebruary 6, 2024February 6, 2024
World Bank’s Managing Director to Embark on  Visit to Nigeria
AfricaBreakingEuropeInvestinginvestmentLocalWorld

World Bank’s Managing Director to Embark on Visit to Nigeria

Anna Bjerde, the Managing Director of Operations at the World Bank, is poised to undertake a pivotal two-day engagement in…

byayotilewaFebruary 6, 2024February 6, 2024

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