Introduction The discourse surrounding the minimum wage in Nigeria has always been a critical point of discussion, particularly for the business community. As the government and labor unions engage in …
INFLATION
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Business InsightsBusiness PoliciesDevelopmentEconomyLabourNigeriaSpotlightWestern Africa
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Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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AfricaAFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsPolicies
Investors Watch DMO’s ₦550bn Treasury Bills Auction as Market Eyes Interest Rate Direction
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …
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BusinessBusiness InsightsEconomyLeadershipNigeriaTechnology
PwC Survey: Nigerian CEOs Battling Inflation but Remain Hopeful, Focus on AI and Sustainability
A new report by PricewaterhouseCoopers (PwC) has revealed that Nigerian Chief Executive Officers (CEOs) are facing significant pressure from inflation and economic instability, yet remain hopeful about the country’s future …
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Banking, Finance & InvestmentEconomyGOVERNMENTMarketsPolicies
Nigeria’s bond demand declines amid rate hike worries
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …
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AfricaBanking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPoliciesWestern Africa
CBN cuts Ways & Means by 59% in boost for reforms
The Central Bank of Nigeria (CBN) has reduced its Ways and Means advances to the Federal Government by 59 percent, signalling a new phase of fiscal discipline under the leadership …
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BusinessBusiness InsightsEconomyManufacturingNigeriaPolicies
Manufacturers Warn Against Return of 4% FOB Levy, Say Policy Threatens Nigeria’s Industrial Future
The Manufacturers Association of Nigeria (MAN) has raised the alarm over a proposed reintroduction of the suspended 4% Free-on-Board (FOB) levy by the Nigeria Customs Service (NCS), warning that the …
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Banking, Finance & InvestmentEconomySouthern Africa
Botswana Keeps Interest Rate at 1.90% Again, Says Inflation Still Under Control
The Central Bank of Botswana has again decided to maintain the country’s main interest rate at 1.90%, marking the fourth time in a row that the rate has stayed unchanged. …
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BusinessEconomyINVESTMENTMarketsPoliticsTrade and Commerce
Trump’s Tariff Policy Stirs Fresh Fears of U.S. Recession as Business Leaders and Economists Warn of Consequences
President Donald Trump’s recent decision to impose fresh tariffs on several imports has sparked serious conversations about the health of the U.S. economy. Many business experts and top economists have …
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Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …