AFRICA EMBRACE RUSSIA RUBLES AT THE EXPENSE OF THE DOLLAR

  African countries are embracing the Russian rubles at the dollar's expense. Using other currencies rather than dollars for international trade is becoming the order...

NIGERIA INTENDS TO JOIN BRICS GROUPS

The Nigeria Minister of Foreign Affairs, Yusuf Tuggar, in a discussion with his Russian counterpart Sergey Lavrov in Moscow, revealed that Nigeria is interested...

USA AND CHINA INCREASE DEMAND OF CRUDE OIL DUE TO RISE IN PRICES

Early trade on Friday, March 8 2024, revealed the spike in oil prices due to high demand from the world's largest users, the United...

GAS DEVELOPMENT CRUCIAL FOR NIGERIA’S ENERGY PROBLEMS

According to SEPLAT Energy Plc, gas production is a straightforward solution to Nigeria's urgent energy crisis and would continue to serve as a long-term...

GHANA REVOKED GTB AND FIRST BANK FOREX LICENSES

The Bank of Ghana has declared that Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN)'s foreign exchange trading licenses will be...

AIRTEL AFRICA INITIATES SHARES BUY-BACK PROGRAM

Airtel Africa Plc has begun its share buyback program, as indicated following its prior declaration on February 1, 2024, following the release of its...

Top 10 African companies at the start of 2024

The African Financial body responsible for the statistical report of African business performance, today unveiled the trajectory of the Top 30 companies in Sub-Sahara...

FOREX CRISES THREATENS MODULAR REFINERIES OUTPUT IN NIGERIA

The Naira's instability on the parallel market has a new target - modular refineries. Modular refineries are facing a crisis that sees their output...

FOREX REFORMS YIELDING PROGRESS – NIGERIAN GOVERNMENT

The Federal Government has stated that ongoing changes in the foreign exchange market are starting to bear fruit. The naira is stabilizing and the...

Latest articles