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Nigerian Exchange Loses N639bn as Investors Book Profit The equities segment of the Nigerian Exchange (NGX) plunged by about N639 billion as investors booked early profit from recently rallied stocks…
Energy: EIA Sees Growth in US Solar Power Generation Solar power is expected to account for 7% of the country’s total electricity generation in 2025, up from 4% in 2023,…
US Dollar Falls, Eurozone Economy Slips to Recession The US dollar declined against its major trading partners early Wednesday, except for a gain versus the yen, ahead of the release…
Kuda Launches PoS Terminals for Businesses Fintech Company, Kuda, has announced the launch of its Point of Sale (PoS) terminals for businesses. The company’s Co-Founder and CEO, Babs Ogundeyi says…
Ghana’s Inflation Rate Slides to 23.2% ACCRA: Ghana’s annual inflation rate has declined for the 5th straight month to 23.2% in December 2023, the statistics office said in a report.…
Disconnection: Subscribers Reveal Plan to Leave Glo Network Following a report of disconnection of globacom subscribers by MTN, the local company may soon experience customers leaving the network en masse.…
Nigerian Exchange Registers Large Daily Gain of N1.6Trn The Nigerian Exchange (NGX) registered a large daily gain of about N1.6 trillion on Tuesday amidst the ongoing early rally in 2024.…
IMF Approves Disbursement of $60.7m to MOZAMBIQUE The International Monetary Fund’s executive board has completed the third review of Mozambique’s three-year loan programme for an immediate disbursement of $60.7 million…
Global Economy Sets for Weakest Performance in 30 Years As the world nears the midpoint of what was intended to be a transformative decade for development, the global economy is…
US Dollar Rises Ahead of Trade, Consumer Data The US dollar rose against its major trading partners early Tuesday, except for a decline against the yen, ahead of the release…