Will Wednesday’s Fed Rate Cut Be Last One Until Summer 2026?
The latest employment report showed just 22,000 new jobs in August and unemployment at 4.3%, the highest since 2021.
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CBN Introduces New Scheme To improve Dollar Supply
The Central Bank of Nigeria (CBN) on Thursday introduced a new scheme to improve dollar supply, known as Bankers’ Committee “RT200 FX Programme”, which stands for the “Race to $200 billion in FX Repatriation.”
Naira4Dollar Boosts Remittances By 1,566.6% – Emefiele
The Naira4Dollar Scheme has helped to boost remittances by 1,566.6 percent from only $6 million per week to over $100 million weekly. Godwin Emefiele, governor of the CBN, on Thursday disclosed this at a press conference after the bankers’ committee meeting. Emefiele
Facebook Asks Nigerian Customers To Update Records By Feb 25
Facebook has declared that Nigerian customers should update their value-added tax (VAT) identification numbers by February 25. The social media giant said this in a statement issued on Thursday. The company said it made recent updates to allow some Nigerian customers to
Economy Improved On Increased Business Activities In December – CBN
Economic recovery improved in December, according to the Central Bank of Nigeria (CBN), due to increased business. The CBN made this known in a report on its last Monetary Policy Committee meeting on the Purchasers Managers Index. PMI readings above 50.0 signal
Sustainability as a team sport: how to build a sustainable business in 2022
JOHANNESBURG, South Africa, 10th February 2022 -/African Media Agency(AMA)/- As our fragile planet experiences unprecedented man-made changes to its climate, organisations are being challenged to move onto a more sustainable path in 2022. A 2021 report by the IPCC called a ‘code red for
UNN Benefits As Prime Business Africa Kick-starts Journalism Mentorship Project
*Appoints Student Editor, Sets Up Campus Editorial Board* LAGOS, Nigeria, February 9, 2022,-/African Media Agency (AMA)/-In line with its vision of building sustainable practice in Africa, leading multi-media newspaper, Prime Business Africa has launched its Journalism Mentorship Project (JMP) and appointed first-ever
WHO Asks Rich Countries To Pay Up $16bn COVID-19 Plan
The World Health Organisation asked rich countries to pay their fair share of the money needed for its plan to conquer Covid-19 by contributing $16 billion as a matter of urgency. WHO that made the demand on Wednesday said rapid cash injection
FIRS, NTA, Others Sign MoU To Educate Nigerians On Tax
he Federal Inland Revenue Service(FIRS) has signed a Memorandum of Understanding (MoU) with the Nigerian Television Authority (NTA), Federal Radio Corporation of Nigeria (FRCN) and the National Orientation Agency (NOA). This Newspaper can report that the MOU will see government-owned media organisations and
Top Crypto Exchange Bybit Partners with Cabital
SINGAPORE, 8 February 2022 -/African Media Agency (AMA)/- Bybit, one of the world’s fastest growing cryptocurrency exchanges, announced its partnership with leading global digital assets institution Cabital today. Through this partnership, Bybit users can buy crypto using EUR and GBP seamlessly and directly on
Aleph Hospitality says hello to Uganda
A’lure Hotel & Suites view from the rooms DUBAI, UAE, 8 February 2022 -/African Media Agency(AMA)/- Leading independent hotel management company, Aleph Hospitality, has entered the Ugandan market with the signing of a management contract to operate two boutique hotels; Masheda Palms in
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