04/17/2025
The group’s economists noted that even though Trump walked back ‘reciprocal’ tariffs against 60 or so countries for 90 days, his escalations with China have made the “dreaded trade war” a reality.
04/16/2025
The banking industry is operating in a fluid, rapidly changing environment.
04/16/2025
It would require careful planning, robust and clear policy direction, dutiful implementation, and averred commitment from stakeholders that would galvanise the various sectors of the economy.
04/15/2025
Despite the sequential growth in revenue, the federation's gross revenue was below the quarterly budget benchmark of NGN9.0trn.
04/15/2025
The modest decline was supported by higher gross revenue collection, especially oil receipts, aided by improved crude production and a weaker naira exchange rate.
04/15/2025
This marks the third consecutive monthly decline after the reserves peaked at USD40.9bn in Dec '24.
04/14/2025
The New World Wealthiest Cities Report 2025, published by Henley & Partners in collaboration with New World Wealth, offers a comprehensive analysis of these trends.
04/11/2025
Recently, the National Statistics Institute (INE) revealed that prices rose by 0.52 per cent in February, with year-on-year inflation reaching 4.74 per cent.
04/10/2025
He identified four areas of significant potential of how AI could benefit Africans to include: Individual Assistance, Sector Transformation, Scientific Progress, and Addressing Societal Challenges.
04/10/2025
She eventually became something of a “serious” tennis player as a young adult—although she was never good enough to go professional, she said, and family finances were tight.
04/08/2025
The group noted that as much as R18 billion is owed in excise on tobacco.
04/07/2025
These measures further strain household income, with the freeze of tax brackets and VAT increase being the immediate cost pressures.
04/07/2025
The simplicity and accessibility of its offering to consumers ensured its immediate success.
04/02/2025
Although the sector continues to grapple with inefficiencies, a slight improvement in generation capacity was recorded during the quarter.
04/02/2025
Although inflation moderated, delayed interest rate cuts placed a strain on the position of several developing economies.
04/02/2025
The sector’s growth has remained constrained, with an average growth rate of 1.1% over the past eight quarters.
04/01/2025
Bill Blackie, CEO of Standard Bank’s Business and Commercial Banking (BCB) division, also saw his total remuneration decline, by 5.1% to R43.70m.
04/01/2025
A clear lesson from the latest US actions is that the more diversified your trading partners are, the more resilient you are to shocks from any one of them.
03/31/2025
One of these entities was the Western Marketing Board. At one point, the Western Marketing Board (WMB) had deposited close to 200,000 pounds in a fixed deposit account in Agbonmagbe Bank.
03/28/2025
Following the longer-term trend line, the decline in liquidations seen since January 2023 appears to be slowing down and flattening out.