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Kenyans Can’t Manage Money – New Report

Kenyans Can’t Manage Money – New Report

May 17, 2022
A new report by global auditing firm, Deloitte, has found that most Kenyan adults still  do not have comprehensive knowledge to effectively manage their money and finances. Entitled: Beyond Financial Inclusion,” the research also showed that most Kenyans are not financially resilient
Twitter’s Elon Musk Lands In Court Over Stolen Source Code

Recession To Worsen In US – Musk Predicts

May 17, 2022
The billionaire, Elon Musk has slammed the president Joe Biden administration for printing “a zillion” more dollars, whining it will land the US into a recession that could last up to 18 months. Musk made the comments at a tech conference in
Food, Energy Prices Push Inflation Rate To 16.82% In April

Food, Energy Prices Push Inflation Rate To 16.82% In April

May 17, 2022
The National Bureau of Statistics, NBS, has hinted in its Consumer Price Index (CPI) report that inflation rate rose to 16.82 percent in April  2022. Reportedly, this represented the highest rate recorded since August 2021 (highest in eight months). The bureau also
CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

ABCON To CBN: Create Special FX Trading Window For BDCs

May 16, 2022
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to establish BDCs’ autonomous foreign exchange trading window (BAFEX) with a determined maximum daily limit. The ABCON disclosed that it would enable eligible BDCs

EFCC Nabs Nigeria Accountant General Ahmed Idris Over N80bn Fraud

May 16, 2022
Operatives of the Economic and Financial Crimes Commission (EFCC) has arrested serving Accountant General of the Federation, Mr. Ahmed Idris for alleged money laundering activities to the tune of N80 billion. According to a post on EFCC’s verified Twitter handle, Idris was
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