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Finance
FinanceNews
Food Scarcity: Nigerian Senate Urges FG To Act, Says ‘Patience Is Not Eternal’
The Nigerian Senate has urgently called upon the federal government to address the worsening food crisis gripping the nation. The Senate’s resolution, on...
FinanceNews
Ghanaian Cedi Slightly Depreciates, Trades At GH¢15.25 To One Dollar
The Ghanaian cedi has depreciated slightly against major currencies, trading at GHS15.65 per US dollar on Tuesday, July 9, 2024, according to Cedirates.com....
FinanceNews
Bitcoin Price Crashes To $54,000 As Mt. Gox Payout Creates Fear
Bitcoin’s price has fallen below $54,000 after Mt. Gox moved $2.7 billion worth of BTC to a new address, leading to fears of...
FinanceNews
Jeff Bezos To Sell $5 Billion In Amazon Shares As Stock Surges
Amazon founder Jeff Bezos has announced plans to sell another 25 million shares of the technology giant, valued at nearly $5 billion. This...
FinanceNews
Just In: Ruto Orders Review of Salary Hikes for Ministers, State Officers Following Public Backlash
Kenyan President William Ruto, on Wednesday afternoon, called for an immediate review of the recent salary increases for state officers. This directive followed...
FinanceNews
Greece Government Introduces Six-Day Workweek To ‘Encourage Productivity’
Greece has become the first European Union country to introduce a six-day working week in an acclaimed effort to improve productivity and employment....
FinanceWorld
Turkey Records First Decline in Inflation in Eight Months
Turkey’s inflation rate has declined for the first time in eight months, according to official data published on Wednesday. This decline reportedly followed...
FinanceNews
World Bank Grants $208 Million for Zambia Drought Relief
The World Bank has approved a $208 million grant to help Zambia cope with the severe social and economic effects of the ongoing...
FinanceNews
Nigeria’s Capital Imports Surged By 210% in Q1 2024
Ngeria’s capital importation rose dramatically by 210.16% in the first quarter of 2024 compared to the previous quarter, reaching $3.38 billion, according to...
FinanceNews
Bitcoin Surges Above $63,000 For The First Time In A Week
Bitcoin has recently surged past $63,000, marking a 5% increase in 24 hours. This significant rise, which had sparked enthusiasm in the crypto...
FinanceNews
Circle Secures Licence To Issue USDC, EURC In EU Nations
Circle, a leading stablecoin issuer, has become the first global company to receive an Electronic Money Institution (EMI) licence under the European Union’s...
FinancePolitics
Nigeria’s Debt Rises To ₦121 Trillion For The First Time Ever – DMO
Nigeria’s Debt-to-Gross Domestic Product (GDP) ratio has surpassed 50% for the first time as the Debt Management Office (DMO) released a report on...