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Ghana's annual consumer inflation rate decreased for the third consecutive month, falling to 22.4% in March from 23.1% in February, as reported by the statistics agency on Wednesday. This decline is attributed to a reduction in food price pressures.The central bank of Ghana is likely to view this easing of inflation favorably, especially after it unexpectedly raised interest rates by…
Nigerian President Bola Ahmed Tinubu has appointed Bayo Ojulari, a former executive at Shell, to lead the state-owned oil company NNPC Ltd. This decision, announced by the presidency on Wednesday, comes as the nation aims to increase oil production and enhance its refining capabilities.Following the removal of expensive subsidies and two devaluations of the naira currency during his first year…
Nigeria’s net foreign exchange reserves (NFER) has increased to its highest level in over three years, reflecting the impact of recent measures by the Central Bank of Nigeria (CBN).In a statement on Tuesday, the CBN said, “NFER stood at $23.11 billion, the highest level in over three years, a marked increase from $3.99 billion at year-end 2023, $8.19 billion in…
The Security and Exchange Commission, SEC, has unveiled new measures to protect…
Nigeria's tax regulatory body, FIRS, has integrated Flutterwave's new payment technology to…
The Debt Management Office has announced a new bond offering pegged at…
There are growing concerns over the possible disruption of petrol supply in…
The Federal Revenue Service has set out to strengthen tax policy formulation…
The Central Bank of Nigeria is projecting a further drop in inflation…
Nigeria and Brazil signed a $1.1 billion Green Imperative Project (GIP) to…
MTN Group is progressing with plans to divest its fintech operations in…
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In recent years, the landscape of entrepreneurship has witnessed a significant transformation…
Ripple, a top crypto-enabled payment solution, has announced a new partnership with Chipper Cash, to enhance seamless payments across Africa.With this partnership, both payment platforms will facilitate faster, more affordable,…
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