FG To Impose Levy On Fintech Transactions
The Nigerian government has decided to charge a fee of N50 for electronic transactions of N10,000 or more, starting from ...
Tag: Finance
We’ll Begin Prosecuting Massive Financial Scams by Banks and Top Officials—EFCC
The Economic and Financial Crimes Commission (EFCC) has announced that it would soon start prosecuting bank executives and senior bank ...
Nigeria’s GDP ‘Growth’ is a Joke: Tinubu’s Economic Mismanagement
President Bola Tinubu's latest attempt to tout Nigeria's GDP growth as a "surge" is a laughable and delusional move, reminiscent ...
Kenya’s Finance Minister Seeks Public Support Amid Debt Crisis
Kenya's finance ministry, after being forced into a humiliating retreat on its controversial financing law, is now rushing for public ...
UK Export Finance Boosts Francophone Africa Deals To €1 Billion
In French-speaking West and Central Africa, UK Export Finance (UKEF) has made considerable strides in increasing support for British exports ...
NBS To Release Q2 Debt Stock Report Amidst Global Economic Updates
A series of key economic indicators are lined up for release this week and they will provide important insights into ...
The Crypto Market’s Perfect Storm: How Federal Interest Rates Sparked Chaos
There is chaos like never before in the Cryptocurrency market; it has crashed, and there seems no hope of recovery. ...
Egypt’s Central Bank Stands Still as Inflation Cools, but Growth Sputters
Egypt’s central bank is playing it safe again, keeping its overnight interest rates untouched on Thursday. The bank claims that ...
CBN Reports Significant Decline In Bank’s Borrowing
According to financial data released by the Central Bank of Nigeria (CBN), banks' borrowing from the CBN's Standing Lending Facility ...
New Zealand Inflates Tourist Tax Prompting Warning
The New Zealand government has announced that it will sharply increase an entry tax for foreign tourists in a move ...
The Tomarket Airdrop Frenzy: What You Need to Know
The crypto community is buzzing with excitement after the wildly successful launch of DOG, as the $TOMATO snapshot approaches. Many ...
Nigeria’s Foreign Trade Payments Plummet by 57% in First Seven Months of 2024
According to recent data from the Central Bank of Nigeria, the country's foreign trade payments have greatly declined significantly in ...
Transnet Secures $283.53 Million Loan from BRICS New Development Bank
The New Development Bank (NDB) formed by the BRICS bloc of emerging economies has awarded Transnet, South Africa's national railway, ...
Central Bank of Nigeria Warns of Increasing Financial Pressures on Nigerians
According to a recent report issued by the Central Bank of Nigeria (CBN), a rising monetary distress has been warned ...
US Crude Oil Prices Dip Below $77 Amid Libyan Production Halt
U.S. crude oil futures are less than $77 per barrel on Tuesday, after a spike caused by Libya's blocks in ...
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