The Ghana National Petroleum Authority has announced removal of fuel subsidy in the country.
The removal of the subsidy is part of the country’s implemented regulatory measures to ensure stability across its downstream sector.
The Chief Executive Officer of NPA, Abdul Hamid, said this during a presentation at the ongoing Africa Refiners and Distributers week 2023, in Cape Town, South…
Ecobank Nigeria Limited has stated that it has entered into a partnership with the International Institute of Tropical Agriculture to train and provide support services to 16,000 Nigerian youths on wealth creation through agriculture.
The bank said in a statement that the…
The 2023 presidential and National Assembly elections attracted 12.99 million cyber attacks, the Minister of Communications and Digital Economy, Isa Pantami, has disclosed.
He noted that the attacks were recorded between 24th February and 28th February, with the presidential…
Some experts have expressed different opinions about the impact of the collapse of the American bank, Silicon Valley Bank, on the Nigerian economy.
Regulators closed SVB Financial Group and its subsidiary, Silicon Valley Bank, on Friday and seized its deposits in what is the largest US banking failure since the 2008 financial crisis and the second-largest ever.
The beginning of the end for SVB…
KPMG Nigeria has appointed a former Nigerian Statistician-General, Dr Oyeyemi Kale, as its chief economist.
IKPMG Nigeria disclosed the appointment in a statement, stating that the partners and staff of the firm were pleased to welcome Kale, the former statistician-general…
The President and Chairman Board of Directors of African Export-Import Bank, Professor Benedict Oramah, will lead discussions on critical issues that will give further insights into the economic transformation of Africa at the 2023 Annual Lecture of The Chartered Institute…
The International Air Transport Association on Tuesday disclosed that the trapped funds belonging to foreign airlines operating in Nigeria have risen by 12.39 per cent to $743,721,097 in January 2023 from $662m in the corresponding period last year,
IATA disclosed this in a letter addressed to the Minister of Aviation, Hadi Sirika, signed by the Area Manager West and Central Africa, Dr Samson…
Virgin Atlantic has joined SkyTeam Alliance, becoming the first and only UK member airline of the alliance.
Virgin Atlantic is a founding partner of a Joint Venture with SkyTeam members, Delta Air Lines and Air France-KLM
Virgin Atlantic formally joined SkyTeam, the global…
Deposit Money Banks have slashed the amount of Personal Travel Allowance and schools fees their customers can apply for amid a worsening foreign exchange crisis.
Shortage of FX in the country has forced lenders to take drastic measures to meet their dollar obligations in…
Deposit Money Banks have begun to ration the disbursements of old N1,000 and N500 notes to their customers amid uncertainty over whether the Central Bank of Nigeria will release the old notes in its custody.
This came about 24 hours after the CBN Governor, Godwin Emefiele, announced that old N1,000, N500 and N200 notes remained legal tender.
But despite the CBN’s statement on Monday night…