NBS: Nigeria’s inflation rate hits 11.40 percent in May
The National Bureau of Statistics (NBS), says the Consumer Price Index (CPI) which measured inflation increased to 11.40 per cent (year-on-year) in May from...
Why we cut bank charges, by CBN
The Central Bank of Nigeria (CBN) yesterday reduced all bank charges, with some getting more than 50 per cent cut, with effect from January...
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NBS: Nigeria’s foreign trade up by 2.50% in 2019
The National Bureau of Statistics (NBS) said the country recorded a total trade value of N8.2 billion for the first quarter of 2019, representing...
Nigeria external reserves stand at $45bn as at June – CBN
The Central Bank of Nigeria (CBN) says the country’s external reserves now stand at 45 billion dollars as at June, 2019.
The CBN Governor, Mr...
Why I didn’t meet revenue target — Fowler
The Executive Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler has replied the query from the presidency on his inability to meet revenue projection...
Ghana’s inflation rises to a four-month high, focusing attention on rates.
Due to rising food prices, Ghana's inflation rate rose to 43.1% in July, the highest level in four months. This puts additional pressure on...
Netflix sacks 150 employees amidst slowing revenue
Netflix has embarked on a sacking spree, axing 150 full-time and 70 part-time staff.
The streaming company has been aggressively cutting costs after it revealed...
Tongaat Hulett suspends Zimbabwe sugar cane pre-payments over lending freeze
South African sugar producer Tongaat Hulett Ltd’s TONJ.J Zimbabwean subsidiaries have suspended advance payments for cane deliveries after the Harare authorities told banks to...
Nigeria introduces new tax regime for tobacco products
THE NIGERIAN government has started the implementation of a new tax regime for tobacco products in a bid to further discourage smoking in the...
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