Ali Mahaman Lamine Zeine Niger’s new Prime Minister Ali Mahaman Lamine Zeine says on Monday that the country will overcome the loads of sanctions imposed on the country by the Economic Community of West African States (ECOWAS). ECOWAS imposed lots of sanctions on Niger after the military struck recently, overthrowing …
Read More »Currency Crisis Looms In Ghana As $1 Exchanges For 100,000 In Real Terms — Expert
The Ghanaian Cedi (GH₵) may be heading for the Zimbabwean currency crisis where 175 quadrillion Zimbabwean dollars were sold for one United States dollar. A currency crisis involves the sudden and steep decline in the value of a nation’s currency, which causes negative ripple effects throughout the economy. The Ghanaian …
Read More »CBN To Rename I&E Window To Nigerian Foreign Exchange Market Amid Forex Pressure
CBN Headquarters In Abuja The Central Bank of Nigeria is planning to rename the Investors’ and Exporters’ (I&E) Window to the Nigerian Foreign Exchange Market (NFEM). The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi said the decision is because the I&E Window is the only recognised …
Read More »Ekpa Threatens Shell, Other Oil Companies In South-East, Says Monday Sit-At-Home Continues
Self-acclaimed leader of the Indigenous People Of Biafra (IPOB) has threatened oil companies in the south eastern region of the country, insisting that the Monday sit at home persists. This is against the earlier efforts by the leadership of IPOB that shared flyers and posters announcing the end of Monday …
Read More »Fidelity Bank Distributes Food Packs to Benue IDPs
Leading financial institution, Fidelity Plc, has distributed over 1,200 food packs to the internally Displaced Persons in Makurdi, Benue State in its ongoing commitment to eliminate hunger among vulnerable persons in the society. The event, which took place on Thursday, 10 August 2023 at the IDP Camp, Federal Housing …
Read More »Oando Plc Crisis Worsens As Share Holders Drag Wale Tinubu Others To Court
Wale-Tinubu-CEO-Oando-Plc The crisis rocking Oando Plc under the leadership of embattled entrepreneur, Wale Tinubu appears to be worsening by the day. Some aggrieved shareholders of Oando Plc have dragged the Chief Executive Officer, Wale Tinubu and 11 others before a Federal High Court seating in Lagos. ENigeria Newspaper reports that some …
Read More »UBA Commits to Global Reporting Standards, Releases 2022 Annual Sustainability Report
Supports 22,000 SMEs Female Directors on Board, Highest in Africa. Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its 2022 Annual Sustainability Report. The comprehensive report provides an overview of the bank’s commitment to Environmental, Social and Governance (ESG) performance and practices. The report showcases UBA’s commitment to inclusivity, social responsibility, decarbonisation, responsible …
Read More »Residents of Ibeju Lekki Applaud Dangote Refinery CSR activities
The Committee of Baales and some residents of Ibeju Lekki, Lagos have showered encomium on the Management of Dangote Refinery, on its social responsibility initiatives. They expressed appreciation to the company for providing vital infrastructure for their communities, repairing all the entrance roads of the 15 host communities by grading, …
Read More »Actress Bimbo Afolayan unveils second hotel in Lagos
Bimbo Afolayan and the new hotel in Egbeda, Lagos Nollywood actress Bimbo Afolayan and her husband, Okiki Afolayan, have launched their second hotel outfit, “Extreme Royal Hotels,” in Egbeda, Lagos. The couple took to social media to announce the grand opening of the new hotel, showcasing their achievement with pride …
Read More »FTG, Feather Invest roll out solutions to ease liquidity issues in market
FTG, Feather Invest roll out solutions to ease liquidity issues in market Investors and business persons in Nigeria, particularly those having links with the stock market, may have reason to smile following the introduction of innovative solutions to ease liquidity issues in the market. Two foremost financial institutions, Financial Trust …
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