U.S. Inflation Slows to 2.5% in August as Energy Prices Drop, Rate Cut Likely
In August 2024, headline inflation in the United States slowed to 2.5% year-on-year (y/y), down 40 basis points from July’s ...
European Central Bank Eases Rates by 25bps Amid Slower Economic Growth
At its September policy meeting, the European Central Bank (ECB) made the decision to ease the deposit lending facility by ...
IMF Team Visits Kenya Amidst Financial Uncertainty Following Protests
A team of staff from the International Monetary Fund (IMF) is currently visiting Kenya on a fact-finding mission, according to ...
South Africa’s Coalition Government Faces Test as Controversial Education Bill Becomes La
South Africa’s governing coalition is bracing for potential turbulence as President Cyril Ramaphosa prepares to sign the Basic Education Laws ...
NOTAP Clarifies 20-Year Exclusive Rights for Creators Before Inventions Enter Public Domain
The National Office for Technology Acquisition and Promotion (NOTAP) has announced that inventors and creators of intellectual property will hold ...
Fuel Crisis Worsens as NNPC Shuts Portal, Suspends Fresh Orders Amid Backlog
As Nigeria’s fuel crisis deepens, the Nigerian National Petroleum Company (NNPC) has taken the unprecedented step of shutting down its ...
NAICOM Unveils Five Strategic Priorities to Strengthen Nigeria’s Insurance Industry
The National Insurance Commission (NAICOM) has outlined a strategic plan to enhance the safety, soundness, and competitiveness of Nigeria's insurance ...
Nigeria’s Crude Oil Production Increases by 36,983 bpd in August Amid Intensified Fight Against Oil Theft
Nigeria’s crude oil and condensate production saw a slight increase in August 2024, rising by 36,983 barrels per day (bpd) ...
Nigeria and UK Seal N589bn Partnership Agreements to Strengthen Governance, Climate Change, and Economic Growth
The Federal Government of Nigeria has signed eight partnership agreements with the United Kingdom, valued at approximately N589 billion (£272.6 ...
CBN Mandates Routing of All POS Transactions Through Licensed Aggregators, NIBSS and UPSL
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (POS) transactions in the country must now ...
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