Nigeria’s Debt Management Office (DMO) has announced a significant rise in the nation’s total public debt, which now stands at N121.67 trillion (approximately...
ByOluwasegun SanusiJune 21, 2024Nigerian billionaire Femi Otedola has emerged as the largest shareholder of FBN Holdings, increasing his stake to 9.41%. This move came after Otedola...
ByConfidence UbaniJune 20, 2024A German government agency has transferred a significant amount of Bitcoin, valued at $425 million, to another wallet and various crypto exchange deposit...
ByConfidence UbaniJune 20, 2024The Swiss National Bank (SNB) has cut its key interest rate for the second time this year, reducing it by 25 basis points...
ByConfidence UbaniJune 20, 2024The UK’s inflation rate has reached the Bank of England’s target of 2% for the first time in nearly three years, according to...
ByConfidence UbaniJune 20, 2024Kenya’s government has amended the controversial Finance Bill 2024 and retracted several proposed tax hikes. This was in response to widespread opposition and...
ByConfidence UbaniJune 20, 2024Nigeria’s public debt has surged by $4.95 billion in loans from the World Bank over the past 12 months, escalating the nation’s total...
ByOluwasegun SanusiJune 20, 2024Ghana’s economy experienced its fastest growth in over two years, with GDP increasing by 4.7% in the first quarter of 2024. This marked...
ByConfidence UbaniJune 20, 2024South Africa’s inflation rate remained steady in May, increasing the likelihood that the central bank will maintain its current interest rate. According to...
ByConfidence UbaniJune 20, 2024The Sultan of Sokoto and president general of the Nigeria Supreme Council for Islamic Affairs (NSCIA), Sa’ad Abubakar, has called on Nigerians to...
ByConfidence UbaniJune 16, 2024The African Development Bank (AfDB) has inaugurated the African Debt Managers Initiative Network (ADMIN) to address growing debt challenges in Africa. This move...
ByConfidence UbaniJune 16, 2024Nigeria’s inflation rate has surged to 33.95% in May 2024, up from 33.69% in April, according to the latest data from the National...
ByConfidence UbaniJune 16, 2024