NAIRA CARDS TRANSACTION: REACTIONS AS INTERNATIONAL TRANSACTIONS ARE STOPPED

On the 29th of December, 2022, Guaranty Trust Bank, also known as GTB or GTbank, sent a notification email to their customers that the...

WORLD BANK PREDICTS ECONOMIC GROWTH IN 2023 FOR 5 AFRICAN COUNTRIES

Inspite of the looming global recession predicted for 2023, the World bank analysis, foresees a growth projection for Sub-Saharan Africa. Although the recession is...

Nigeria to benefit from increased energy investments of German Companies in 2023

German companies plan to boost their activities in Africa next year, with a main focus on the green energy and natural gas sector. Nigeria...

WORLD BANK PLEDGES TO SUPPORT KENYA IN BECOMING AFRICA’S TECH PRIME

The World Bank has assured to support Kenya with Sh1.5 billion to the cause of her technology renovation which was made known in a...

NEW NAIRA NOTES: INSUFFICIENT ALLOCATION AS DEMAND INCREASES

With the disbursement of the new naira notes comes mixed reactions as Banks and customers complain of the insufficient allocation. Some complained that the old...

BILLIONS BACKUP SUPPLY FUNDS FROM IMF FOR GHANA

According to Ken Ofori-Atta, the finance minister of Ghana, provision will be made for Ghana's first instalment which is approximately $3 billion by the...

NIGERIA’S IMPORTS FROM RUSSIA CRASHES BY 92%

Nigeria’s import from Russia has crashed to 92% this year, as the war in Ukraine persists. The foreign trade report of the National Bureau of...

Africa Climate Change Fund launches Women and Youth Entrepreneurship Project

The Africa Climate Change Fund (ACCF) Secretariat has embarked on a project to support mechanisms for climate adaptation finance for youth and female entrepreneurs. The...

NIGERIA TO ADOPT NEW CASHLESS POLICY

The Central Bank of Nigeria(CBN) has announced a new policy that will go into force nationwide on January 9, 2023. This policy limits all...
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