South Africa Hikes Benchmark Repo Rate to 7%
South Africa Hikes Benchmark Repo Rate to 7% Amidst rising consumer price index, the South African Reserve Bank raised its benchmark repo rate by another 75 basis points to 7%…Read More
Oil Falls as Supply Concerns Ease, Nigeria Cuts Price
Oil Falls as Supply Concerns Ease, Nigeria Cuts Price Oil prices decreased on Thursday influenced by the impending price cap on Russian crude by G7 countries, easing tight supply fears.…Read MoreAlleged $9.6bn P&ID Scam: Court Orders Arrest of Another Foreigner Corrado Fantoli
Alleged $9.6bn P&ID Scam: Court Orders Arrest of Another Foreigner Corrado Fantoli A Federal High Court, Abuja, on Thursday, ordered the arrest of one of the alleged brains behind the Process and Industrial Development (P&ID) Ltd.’s alleged 9.6 billion dollars scandal, Corrado Fantoli. Justice Donatus Okorowo gave the order while delivering a ruling in the […]Read MoreCorporate Affairs Commission Ends AGM by Proxies
Corporate Affairs Commission Ends AGM by Proxies The Corporate Affairs Commission (CAC) says guidelines on the use of proxies by public companies for Annual General Meetings (AGMs) will cease to…Read MoreNGX Puffs Up on Bargain Hunting in Airtel, BUA
NGX Puffs Up on Bargain Hunting in Airtel, BUA The Nigerian Exchange (NGX) puffs up on Thursday over bargain hunting in Airtel Africa shares, Nigerian Breweries while BUA Cement consolidates…Read MoreWeak Cedi Worsens Ghana’s Debt –Finance Minister
Weak Cedi Worsens Ghana’s Debt –Finance Minister Ghana’s finance minister Ken Ofori-Atta said on Thursday that the depreciation of the cedi is affecting the country’s ability to manage its debt.…Read MoreNigeria’s Economic Growth Slowdown in Q3
Nigeria’s Economic Growth Slowdown in Q3 Nigeria’s economic growth slowdown by 65 basis points in the third quarter of 2022 amidst uncertainties. According to the National Bureau of Statistics (NBS),…Read MoreStrengthening Agricultural Productivity Key to Job Creation
Strengthening Agricultural Productivity Key to Job Creation The International Monetary Fund, IMF, says that strengthening the performance of the agricultural sector is key to job creation, food security, and social…Read MoreNaira Hits N446 as External Reserves Decline to $37.19bn
Naira Hits N446 as External Reserves Decline to $37.19bn Amidst uncertainties in the macroeconomic environment, the Nigerian local currency, the naira, slides further to N446 against the United States (US)…Read MoreApple Proposes $5.8bn To Buy Man United
The US tech giant, Apple, are reportedly interested in buying Manchester United. United disclosed earlier in the week that they were ready to start listening to offers for the sale…Read MoreAPC’s Attack On BVAS Confirmation Of Plan To Sack INEC Chairman, CUPP Alleges
The Coalition of United Political Parties (CUPP), on Thursday, said the concerns raised by the ruling All Progressives Congress (APC) over the planned deployment of Bimodal Voter Accreditation System (BVAS)…Read More2023: Northern Christian Leaders In APC Dump Tinubu, Declare Support For Peter Obi
Aggrieved chieftains of the All Progressives Congress operating under the platform, Northern APC Christian Leaders have finally settled for the Labour Party presidential candidate, Peter Obi. Former Secretary to the…Read More
