Germany in recession as inflation, higher interest bite
Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher…
Category: Economy
Dangote refinery petrol hits market July, Nigeria to save N7tn
The Federal Government may save about N35tn in fiscal expenditure within the next five years with the commencement of operations…
Dangote Refinery For Launch May 22, To Refine 103.34m Litres Daily
With the much awaited 650,000 barrels per day Dangote Refinery scheduled for launch by President Muhammadu Buhari on May 22,…
Subomi Balogun: Life and times of the celebrated Nigerian Banker
The late Otunba Subomi Balogun bestrode the nation’s banking ecosystem as a colossus, where he ruled the roost for several decades. Born…
Nigerian Government approves Ondo Deep Sea Port, grants operating licence
The federal government on Wednesday approved the establishment of a deep sea port in Ondo State. The Federal Executive Council,…
Nigeria inflation quickens in April as food prices surge
ABUJA,(Reuters) – Nigeria’s annual inflation rose to 22.22% in April from 22.04% the previous month, as the price of food…
In the Market: Why US regional banks are doomed to a doom loop
(Reuters) – Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven’t really…
SA defends spelling on banknotes amid complaints
The South African Reserve Bank is standing by its decision to change the spelling of a Xitsonga text on banknotes,…
BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit
The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a…
Top 10 Weakest Currencies In The World In 2023
Many people think of the strongest currencies in the world and the U.S. dollar is the most popular currency that…