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Tag: EXCHANGE RATE

Business / economics

Economist Warns of Potential Impact of US Tariffs on Fiji

March 2, 2025March 2, 2025 - by Sofia Nawab - Leave a Comment

Fiji could face indirect effects from the US tariffs due to its Value Added Tax (VAT), as cautioned by economist Justin Smirk. Despite the country’s minor export volume, implications of …

Economist Warns of Potential Impact of US Tariffs on Fiji Read More
Companies / economics

New ATM Fees Ignite Outrage Among Nigerian Bank Customers Dismayed by Government Policies

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

The Central Bank of Nigeria has implemented new ATM fees, causing frustration among customers who believe these charges unfairly impact the poor. Many customers report that withdrawing cash from ATMs …

New ATM Fees Ignite Outrage Among Nigerian Bank Customers Dismayed by Government Policies Read More
Business / Companies / economics

Enhancing Nigeria’s Trade: The Collaboration of Customs and CBN

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

The Nigeria Customs Service and the Central Bank of Nigeria must collaborate effectively to improve trade and economic stability. Under Comptroller-General Bashir Adewale Adeniyi, the NCS seeks to implement reforms …

Enhancing Nigeria’s Trade: The Collaboration of Customs and CBN Read More
Technology

Aliko Dangote: Africa’s Wealthiest Billionaire with a Modest Lifestyle

March 2, 2025March 2, 2025 - by Marcus Chen - Leave a Comment

Aliko Dangote, the richest man in Africa, exemplifies a unique billionaire lifestyle by refraining from purchasing cars frequently and opting to drive himself. With a net worth over $10 billion, …

Aliko Dangote: Africa’s Wealthiest Billionaire with a Modest Lifestyle Read More
economics

Promoting Fiscal Responsibility: A Critical Move for Liberia’s Future

March 1, 2025March 1, 2025 - by Sofia Nawab - Leave a Comment

The Boakai-Koung Administration faces urgent calls for fiscal responsibility amidst budget overspending concerns. Drawing lessons from other African nations, Liberia must prioritize fiscal accountability to avoid exacerbating existing socio-economic challenges. …

Promoting Fiscal Responsibility: A Critical Move for Liberia’s Future Read More
economics

Positive Market Response Signals Economic Recovery in Ghana Under Mahama

March 1, 2025March 1, 2025 - by Carmen Mendez - Leave a Comment

Professor Sharif Mahmud Khalid, Economic Advisor, indicates signs of economic recovery in Ghana under President John Mahama. He acknowledges the previous dire economic situation while highlighting a positive shift in …

Positive Market Response Signals Economic Recovery in Ghana Under Mahama Read More
economics

President Tinubu Promises Economic Recovery Amid Ongoing Challenges

March 1, 2025March 1, 2025 - by Carmen Mendez - Leave a Comment

Nigerian President Bola Tinubu assured that the nation is progressing towards economic recovery despite a severe cost-of-living crisis. Recent data showed a GDP growth of 3.8 percent in late 2024, …

President Tinubu Promises Economic Recovery Amid Ongoing Challenges Read More
Companies

Employment Fraud in Nigeria Costs N40 Billion Annually, Says EFCC Chairman

March 1, 2025March 1, 2025 - by Liam Nguyen - Leave a Comment

Ola Olukoyede of the EFCC highlights the issue of employment fraud in Nigeria, costing N40 billion yearly. Collaboration with NECA is sought to combat financial crimes. The EFCC’s focus on …

Employment Fraud in Nigeria Costs N40 Billion Annually, Says EFCC Chairman Read More
economics

Impact of U.S. Tariff Hike on Nigeria’s Auto Market

March 1, 2025March 1, 2025 - by Allegra Nguyen - Leave a Comment

Nigeria’s auto market faces difficulties as import costs surge due to currency depreciation and increased duties, prompting importers like David Tope to cease operations. A new 25% U.S. tariff on …

Impact of U.S. Tariff Hike on Nigeria’s Auto Market Read More
economics

Brazilian Soybean Meal Surge Amid Argentine Supply Challenges

February 28, 2025February 28, 2025 - by Allegra Nguyen - Leave a Comment

Recent developments in the Brazilian soybean meal market show increased export prices, with Brazilian soybean meal surpassing Argentina’s amidst uncertainties over supply due to potential strikes. The ongoing labor disputes …

Brazilian Soybean Meal Surge Amid Argentine Supply Challenges Read More

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