INTERIM FRAMEWORK IMPLEMENTATION SLASHES HARASSMENT BY 80% FROM OVER 200 REGISTERED LOAN APPS

The  Federal Competition and Consumer Protection Commission (FCCPC), said the implementation of its interim framework has led to about 80% reduction in harassment and...

NIGERIA’S FX RESERVES DROP BY $4.2BN AS OIL SALES SLUMP

The Central Bank of Nigeria, (CBN) said the that external reserves have depleted by 11.55 per cent amounting to ($4.28 billion) year-to-date as the...

IMPLEMENT FG’S DIRECTIVE ON GAS PRICE, LPG BOSS CHARGES CONCERNED AGENCIES IN NIGERIA

The National President of Nigeria Association of LPG Marketers, Oladapo Olatunbosun has charged relevant agencies on the Federal government directives to ameliorate the challenges...

PFPTRC CHAIRMAN ADVOCATES PROPER MANAGEMENT OF NIGERIA’S N100 TRILLION ASSETS FOR ANNUAL N10 TRILLION REVENUE BOOST

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC), Taiwo Oyedele, lamented the general laxity towards the Federal Government’s assets across...

IMF SAYS CRYPTO POSES THREAT TO MICRO-FINANCIAL STABILITY, RATE NIGERIA, INDIA, OTHERS HIGH ON CRYPTO ASSET ADOPTION

The International Monetary Fund (IMF) has warned that the widespread adoption of cryptocurrencies could undermine and pose severe consequences for the macro-financial stability of...

GHANA EXPERIENCES A 8.8% DECREASE IN INFLATION RATE IN ONE MONTH

According to Ghana's statistics service, the consumer inflation rate experienced a substantial decline from 35.6% in October to 26.4% in November, marking a notable...

UN URGENT FUND OF $46 BILLION TO HELP HUMANITARIAN CAUSES WORLDWIDE

The United Nations (UN) has projected that by 2024, a staggering 300 million people across 72 countries will require urgent humanitarian assistance due to...

AfDB APPROVES $15M FUNDING FOR NMB BANK ZIMBABWE TO BOOST SME SUPPORT

The African Development Bank (AfDB) sanctioned a $15 million fund for NMB Bank Zimbabwe to aid local businesses, specifically small and medium-sized enterprises (SMEs)....

WORLD BANK LOWERS SOMALIA’S ECONOMIC GROWTH FORECAST TO 2.8%

The World Bank has decreased its earlier prediction for Somalia's economic growth in 2023 to 2.8 percent, down from the initial estimate of 3.6...

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