Report: Upcoming Months are Projected to See an Increase in Ghana’s…
Over the following two months, it is expected that Ghana's inflation rate will increase. This is mostly caused by!-->…
Shane Harris is Appointed Chairman/MD of ExxonMobil Nigeria.
In Nigeria, Esso Exploration and Production Nigeria Limited, Mobil Producing Nigeria Unlimited, have appointed!-->…
Airtel’s Network Launch has Increased Access to 5G.
In Nigeria, access to fifth-generation technology (5G) is expanding significantly, especially since Airtel Nigeria!-->…
UK Lowers Tariffs on Goods from Nigeria and Other Countries.
In order to save businesses and consumers millions of pounds annually, the United Kingdom (UK) stated that it has!-->…
As Billing Revenues Reach N842 billion in a Year, Discos’ Collection…
According to the most recent data made available by the Nigerian electrical Regulatory Commission (NERC), the!-->…
FG Begins Enforcing the Data Privacy Law, Banks, telcos, and others will Face…
Banks, telecommunications corporations, and other organizations might face fines of up to 2% of their annual!-->…
At the Official Market, Naira Drops to 770.38/$.
After ending Monday's trading in the investor & exporter FX market at 770.38/$, the naira fell even further!-->…
Nigerians Protest the 7.5% VAT the FG Imposed on Diesel.
The payment of the 7.5% Value Added Tax on Automotive Gas Oil, also known as diesel, was officially announced by!-->…
Ofori-Atta: The Government will get $6.2 billion from Multilateral Partners.
The government anticipates receiving around $6.2 billion from its multilateral partners between 2023 and 2026,!-->…
Request for a Sh2.8 billion debt write-off led Equity to sue TransCentury.
TransCentury Plc was placed under administration after Equity Bank Kenya turned down a request to cancel more than!-->…
Shareholders Approve an Additional N1.5 Billion Capital Infusion for TrustBanc
According to a statement from TrustBanc Holdings Limited, the extra N1.5 billion capital injection into TrustBanc!-->…
Capital Market: By Q3 2023, ASEA will Launch AELP Phase II.
The second phase of the African Exchanges Linkage Project (AELP), which was successfully launched in phase one, is!-->…
Nigeria, Morocco, and others Agree on a $30 billion Pipeline.
Four Memorandums of Understanding for the $30 billion Nigeria-Morocco Gas Pipeline Project were signed on Friday!-->…
43 Prohibited Products Remain Under our Position – CBN
The Central Bank of Nigeria (CBN) has maintained its position about the 43 prohibited commodities that were!-->…
FG Obtains a $750 million World Bank Credit for Power Development.
On June 9, 2023, the loan with project ID P174622 received approval, becoming the first World Bank loan to do so!-->…
May Oil Production Generates N1.3tn and Reaches 36 million Barrels.
In May 2023, Nigeria's oil production rose by 6.73 million barrels to 36.7 million barrels, generating a total!-->…
CBN eliminates the savings and withdrawal caps on domiciliary accounts
The restrictions on domestic accounts have been abolished by the Central Bank of Nigeria.
The CBN said in a!-->!-->!-->…
Solcon Capital Replaces Convergence Partners Investments as the Brand.
Convergence Partners Investments has changed its name to Solcon Capital as the company intensified efforts to!-->…
More Nigerians will receive 5G service once Airtel rolls out.
Airtel, a telecom company, plans to launch its Fifth-Generation (5G) network services between now and next week,!-->…
Electricity Act: Manufacturers Predict a Sharp Decline in the Cost of Alternative…
The new Electricity Act, according to the Manufacturers Association of Nigeria (MAN), will result in a sharp!-->…
Nigeria’s Debt Profile Will Reach N81 Trillion After Unification of Fx…
Following the most recent Naira devaluation by the Central Bank of Nigeria (CBN), Nigeria's debt profile has!-->…
Inflation Increases to 22.41%
According to a recent data released by the country's statistics bureau, Nigeria's demand-pull inflation has!-->…
Naira Drops to 702/$, With a Potential New FX Supply from CBN.
The Central Bank of Nigeria has permitted a free float of the naira against the dollar and other world currencies,!-->…
Tinubu’s Economic Experts Recommend a Unification of Customs, NIMASA, and…
President Bola Ahmed Tinubu's Policy Advisory Council has advised that the country declare a state of emergency in!-->…
Meet the New Members of President Bola Ahmed Tinubus’ Team.
The 9th Senate's only official responsibility for President Bola Tinubu was to approve his list of Special!-->…
NMDPRA and Marketers Meet to Avoid Petrol Shortages.
Following complaints from oil marketers about a lack of finances to import products, the Nigerian Midstream and!-->…
The UN Plans to Combat Hunger and Malnutrition in Nigeria.
The United Nations World Food Programme launched a $2.56 billion Country Strategic Plan for Nigeria on Wednesday,!-->…
In Q1 2023, Nigeria Recorded N710 billion in VAT.
According to the National Bureau of Statistics (NBS), the total Value Added Tax (VAT) in Q1 2023 was N709.59!-->…
Shell Intends to Increase Oil and Gas Production.
Shell Petroleum Development Company would enhance its oil and gas output in Nigeria during the upcoming months.
!-->!-->!-->…
Private Industry, Economists Support CBN as the Naira Drops to 664/$.
To allow for a free float of the local currency against the dollar and other major world currencies, the Central!-->…