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Nigeria: Depreciation of Naira compels insurance companies to violate local content laws

In the second quarter of 2023, Nigerian insurance companies handed over 63.4% of their generated business to foreign counterparts, a significant violation of the...

Business

Parallel market sees a drop in Nigerian naira

The Nigerian naira has reached fresh lows on the parallel market due to declining reserves and limited dollar inflows, posing challenges for the Central...

Business

Dollar going for GHS11.65 at forex, BoG interbank rates at GHS11.02

Bank of Ghana's Interbank forex rates for today, August 30, 2023, shows that the Ghana Cedi is currently being traded against the US Dollar...

Business

Aliko Dangote losses $36m due to naira devaluation

Prominent integrated sugar business, Dangote Sugar Refinery Plc, owned by Africa's renowned entrepreneur Aliko Dangote, encountered substantial foreign exchange losses exceeding $100 million in...

Business

Naira remittances payout option announced by CBN

The International Money Transfer Operators (IMTOs) have been ordered by the Central Bank of Nigeria (CBN) to start sending beneficiaries remittances in Naira in...

Business

Nigeria’s VAT performance is the worst in West Africa, according to FG

The Federal Government has expressed worry about Nigeria's Value Added Tax, which is the lowest in the region of West Africa. The administration emphasized the...

Independent Africa

Asset management growth slowed down by inflation, naira crash – Report

Nigeria has established itself as the third-largest investment management hub in sub-Saharan Africa, following South Africa and Morocco, with an estimated N3.5 trillion ($7.8...

Business

Franklin Cudjoe responds to World Bank’s claim that Ghana’s debt is “unsustainable due to energy sector”

President of the policy think tank IMANI Africa, Franklin Cudjoe, has said that the World Bank takes an active role in Ghana's energy sector...

Independent Africa

NLC gives FG a seven-day deadline to end fuel and naira problems

The Nigeria Labour Congress, or NLC, has given the federal government a seven-day deadline to settle the fuel and naira crises. If this deadline...

Independent Africa

Banks and others accept outdated N500 and N1,000 notes

The widespread rejection of the old N500 and N1,000 notes ended on March 14, as banks and People begun to accept the notes in...

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Pin Up Casino — Официальный портал и альтернативные способы доступа к игровой платформе через зеркальные сайты (2025)

Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens