Nigeria Customs Service Increases Port Exchange Rate to N589.5/$.
The Nigeria Customs Service (NCS) has announced an increase in the exchange rate for cargo clearing at the port, as ...
Tag: #inflation
UK Inflation Holds Steady at 8.7% in May, Posing Challenges for the Economy and Consumers.
The latest figures on UK inflation have been released, revealing that consumer prices rose by an annual 8.7% in May, ...
Nigeria sets eight-week timeline to agree minimum wage with unions
The Nigerian government and main labour unions have reached an agreement to finalize an increase in the minimum wage within ...
JP Morgan Projects Naira to Appreciate and Settle at N600/$.
JP Morgan, the renowned American multinational financial services firm, has expressed optimism regarding the Nigerian currency, projecting an appreciation of ...
Nigerian Small Businesses Struggle as Petrol Price Hike Adds to Economic Woes.
The recent removal of petrol subsidy and subsequent surge in petrol prices have dealt another blow to Nigeria's already beleaguered ...
US Nation’s Employers Add 339,000 Jobs in May, Defying Market Expectations.
In a surprising turn of events, the US nation's employers showcased their strength in the job market by adding a ...
FBNH Plc reports Gross Earnings of N805.128 billion in 2022.
FBN Holdings Plc, a leading financial institution, has announced the release of its audited financial statements for the year ending ...
Global Equities and U.S. Treasury Yields Decline Amid Uncertainty Over U.S. Debt Ceiling Vote.
Global equities and U.S. Treasury yields experienced a downward trend on Wednesday as bearish sentiment dominated the markets. Investors anxiously ...
Bitcoin Faces Monthly Loss Amidst Hawkish Fed and Capital Outflow Challenges.
Bitcoin, the leading cryptocurrency, is on track to experience its first monthly loss since December amid renewed uncertainty in the ...
Turkish Lira Plunges to Unprecedented Depths as Erdogan’s Power Grasp Shakes Economy to Its Core.
The Turkish lira has reached an all-time low as President Recep Tayyip Erdogan secures his victory in the 2023 presidential ...
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Nigeria’s $40 Billion Blockchain Ambition Lags as Focus Shifts to Crypto Regulation
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FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
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