Global food prices inflation remains high – World Bank
Global food prices inflation remains high – World Bank The World Bank declared in its latest Food Security Update report on Tuesday that available data on food prices showed high…
Oil Prices Steady as Blinken Visits Middle East
Oil Prices Steady as Blinken Visits Middle East Global prices of crude oil stabilized on Tuesday after sustained decline which started last week. Crude oil fell below $80 over slowdown…
Chinese Yuan Rally after Crackdown on Vicious Selling
Chinese Yuan Rally after Crackdown on Vicious Selling The yuan, Chinese currency, rose to around 7.21 per US dollar, rebounding slightly from three-week lows as the prospect of more forceful…
Uganda Inflation Rate Rises to 2.8%
Uganda Inflation Rate Rises to 2.8% The annual inflation rate in Uganda rose to a five-month high of 2.8% in January 2024, up from 2.6% in each of the previous…
NAFDAC bans the Production of Alcoholic Beverages in Sachets
NAFDAC bans the Production of Alcoholic Beverages in Sachets The National Agency for Food and Drug Administration and Control (NAFDAC) has banned the production of alcoholic beverages in sachets and…
MTNN, Tier-1 Banks Stock Drags NGX Down by N437bn
MTNN, Tier-1 Banks Stock Drags NGX Down by N437bn Equities investors lost N436 billion in the stock market as profit-taking on telecom, and banking stocks dragged the Nigerian Exchange (NGX)…
Kogi Accuses EFCC Of Political Vendetta Over N80bn Charges Against Ex-Gov Bello, Insists State’s Money Is Not Missing
Kogi State Government has raised the alarm over what it described as a desperate attempt by ‘criminals masquerading as politicians’ to tarnish the image of the immediate past governor of…
AfDB begins disbursement of $540m SAPZs fund – Official
AfDB begins disbursement of $540m SAPZs fund – Official The African Development Bank (AfDB), says it will commence the disbursement of US$540 million to the first batch of states for…
Wheat production: African countries spend $20bn on importation annually – TAAT
Wheat production: African countries spend $20bn on importation annually – TAAT The Technologies for African Agricultural Transformation (TAAT) on Monday said African countries spend about $20 billion annually on importation…
Oil Prices Stay Below $80 after UK, US Attack Houthis
Oil Prices Stay Below $80 after UK, US Attack Houthis Oil Rallies on Monday after the United States and United Kingdom attacked Houthis last week. Today, brent price increased to…