Ghana maintains high interest rate
Ghana’s central bank decided to keep its main interest rate at 29%, highlighting concerns over the country’s inflation outlook. Despite…
Day: March 26, 2024
EU restrictions on second-hand clothes exports to impact Kenya
France, Denmark, and Sweden have proposed restricting the export of used clothing from the European Union (EU), citing concerns about…
Libya’s oil and gas minister temporarily suspended
The Government of National Unity in Libya has temporarily suspended its oil and gas minister, citing a legal investigation. The…
Revenue grows despite currency fluctuations- SPAR
South African grocery retailer and wholesaler, SPAR, announced an 8.8% rise in turnover for the 24-week period ending March 15.…
China to support Zambia’s debt restructuring efforts
China has pledged to continue collaborating with all stakeholders to facilitate Zambia’s debt restructuring process, according to a spokesperson from…
Nigeria boosts power grid with new equipment
FGN Power Company, responsible for executing the Presidential Power Initiative (PPI) in Nigeria, has received 10 transformers and 10 Mobile…
Nigeria’s crude oil grades near $90 on Russia-Ukraine conflict
Nigeria’s oil futures, including Brass River and Qua Iboe, experienced gains on Wednesday due to escalating conflicts in the Middle…
BDC Gets 10k Dollars From CBN, To Sell At N1,269/$
Leaders of African nations have received a call to action to create a thriving economic environment for talented youth, aiming…
Executive Order: Jos business owners lament Impact On Operations
Business owners in Jos, the capital of Plateau state, are expressing frustration over the prohibition of trucks from business areas…
Customs: cargo clearance drops by N124 To N1,448/$
The Nigeria Customs Service (NCS) has significantly reduced the exchange rate for cargo clearance and import duties collection from N1,572.5/$…
Binance executive fled Nigeria with smuggled passport – NSA
The National Security Adviser, Nuhu Ribadu, has confirmed the escape of Nadeem Anjarwalla, a suspect in the criminal investigation into…
CBN sells $10,000 to each BDCs at N1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators, announcing the sale of…