Nigeria’s central bank has kept its benchmark interest rate steady at 27.50%, according to Governor Olayemi Cardoso. Nigeria’s central bank maintains benchmark interest rate at 27.50%. Inflation rate reported at 24.48% for January after a rebasing exercise. Investors will watch closely if CBN continues tough stance or starts easing up depending on inflation. Nigeria’s central…
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About 600,000 Ghana Cards, already printed and ready for collection, remain unclaimed across various regional and district offices in Ghana, with some dating back to 2018. About 600,000 unclaimed Ghana Cards remain at various offices since 2018 NIA has received 700,000 blank Ghana Cards to address the backlog Newly acquired blank cards will be used…
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The widespread use of petroleum products, such as Premium Motor Spirit (PMS) or fuel, has made them among the most consumed commodities globally, raising concerns about processing standards. Properly refined petroleum products are crucial to prevent damage to machines and engines Multiple challenges related to inadequate refineries and fuel adulteration exist, especially in Africa Sweden,…
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N-Gas Limited has officially informed the Volta River Authority (VRA) of its decision to suspend gas supply to Ghana due to outstanding arrears. N-Gas Limited has informed VRA about the suspension of gas supply to Ghana due to outstanding arrears The suspension is in accordance with Clause 13.6(a) of the Takoradi Gas Sales Agreement, which…
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The Nigerien government has restricted Nigerian travelers holding ECOWAS passports. Niger restricts Nigerian travelers with ECOWAS passports due to its withdrawal from the West African regional bloc The Alliance for Sahel States (AES) has replaced ECOWAS passports with new biometric passports for its member states The move may lead to challenges for citizens of Mali,…
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The Democratic Republic of Congo (DRC) has reached out to Chad for military assistance in combating the escalating insurgency by the Rwanda-backed M23 rebels in its eastern provinces. DRC seeks military assistance from Chad to combat M23 rebels. M23 rebels have captured significant territories in North Kivu and South Kivu since January. Government representatives from…
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