Economy

Kwahumanhene resigns as ADB Board Chairman amid extortion allegations

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Pulse-gh Oct. 12, 2024 6:58 a.m.

In a letter dated October 10, 2024, the Bank of Ghana stated that his continued role as a Board Chair of ADB was untenable due to the damage these events …

In a letter dated October 10, 2024, the Bank of Ghana stated that his continued role as a Board Chair of ADB was untenable due to the damage these events …

BoG orders Kwahumanhene to resign as Board Chairman over alleged GH¢2 million fraud

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Pulse-gh Oct. 11, 2024 6:21 p.m.

BoG’s letter, dated 10th October, indicated that the allegations have caused irreparable damage to the bank's image. This directive follows serious allegations of misconduct involving a transaction worth GH¢2 million, …

BoG’s letter, dated 10th October, indicated that the allegations have caused irreparable damage to the bank's image. This directive follows serious allegations of misconduct involving a transaction worth GH¢2 million, …

Top 5 strongest currencies in Africa

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Pulse-gh Oct. 10, 2024 9:31 a.m.

Additionally, wise economic management, low inflation, and steady economic growth play a role in maintaining the currency’s value. The government’s efforts to control inflation and keep economic policies in check …

Additionally, wise economic management, low inflation, and steady economic growth play a role in maintaining the currency’s value. The government’s efforts to control inflation and keep economic policies in check …

Easy step-by-step ways to reverse a wrong mobile money transaction in Ghana

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Pulse-gh Oct. 8, 2024 9:44 a.m.

Be prepared to provide the transaction ID, the incorrect recipient number, the amount sent, and the date and time of the transaction. When visiting a telecommunications office to reverse a …

Be prepared to provide the transaction ID, the incorrect recipient number, the amount sent, and the date and time of the transaction. When visiting a telecommunications office to reverse a …

Accra faces critical LPG shortage as stations run dry, marketers warn of shutdowns

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Pulse-gh Sept. 27, 2024 3:48 p.m.

The shortage has led to many petrol stations displaying "No Gas" signs, leaving consumers frustrated and struggling to find alternatives. LPG marketers are warning that if the situation is not …

The shortage has led to many petrol stations displaying "No Gas" signs, leaving consumers frustrated and struggling to find alternatives. LPG marketers are warning that if the situation is not …

Ghana’s public debt soars to GH¢761.2 billion, each Ghanaian owes around GH¢22,076

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Pulse-gh Sept. 27, 2024 2:58 p.m.

By the end of July 2024, Ghana’s public debt had risen to GH¢761.2 billion, representing 75.7% of the nation’s GDP. With total public debt now constituting a significant share of …

By the end of July 2024, Ghana’s public debt had risen to GH¢761.2 billion, representing 75.7% of the nation’s GDP. With total public debt now constituting a significant share of …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 25th September 2024

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Naijanews Sept. 25, 2024 5:29 a.m.

The report also highlighted a rise in freight transport, with 143,759 tons of goods moved by rail in Q2 2024, significantly higher than the 56,936 tons transported during the same …

The report also highlighted a rise in freight transport, with 143,759 tons of goods moved by rail in Q2 2024, significantly higher than the 56,936 tons transported during the same …

79th UNGA: Tinubu-led Govt Most Investor-Friendly In Nigeria’s History – VP Shettima

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Naijanews Sept. 24, 2024 8:27 a.m.

“When fuel subsidy was an albatross around Nigeria’s neck, President Tinubu, from day one, hit the ground running by withdrawing the fuel subsidy and unifying the multiple opaque foreign exchange …

“When fuel subsidy was an albatross around Nigeria’s neck, President Tinubu, from day one, hit the ground running by withdrawing the fuel subsidy and unifying the multiple opaque foreign exchange …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 24th September 2024

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Naijanews Sept. 24, 2024 5:07 a.m.

Nigeria’s foreign reserves have seen a net inflow of approximately $2.35 billion, strengthening the Central Bank’s reserves and contributing to stabilizing the naira. The exchange rate for a dollar to …

Nigeria’s foreign reserves have seen a net inflow of approximately $2.35 billion, strengthening the Central Bank’s reserves and contributing to stabilizing the naira. The exchange rate for a dollar to …

Dangote Refinery, Marketers To Meet Over Petrol Lifting, Pricing

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Naijanews Sept. 23, 2024 1:21 p.m.

He noted that the effective distribution of petrol continues to pose challenges within the nation’s oil and gas industry despite the initiation of Dangote’s petrol distribution. Naija Newsreports that his …

He noted that the effective distribution of petrol continues to pose challenges within the nation’s oil and gas industry despite the initiation of Dangote’s petrol distribution. Naija Newsreports that his …

12.5kg Cooking Gas Price Rises To ₦15,552 In August – NBS

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Naijanews Sept. 23, 2024 8:32 a.m.

In terms of state-specific prices, Rivers recorded the highest average price for refilling a 12.5kg cooking gas cylinder at ₦17,086.36, followed by Cross River at ₦17,050, and Abia at ₦17,012.52. …

In terms of state-specific prices, Rivers recorded the highest average price for refilling a 12.5kg cooking gas cylinder at ₦17,086.36, followed by Cross River at ₦17,050, and Abia at ₦17,012.52. …

How Government Interventions Could Reduce Dangote Petrol Prices Below ₦600/Litre – Refiners

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Naijanews Sept. 22, 2024 9:34 a.m.

And if the naira climbs against the dollar, without even the government pegging the price of the exchange rate for dollars in the pricing of that group, we will see …

And if the naira climbs against the dollar, without even the government pegging the price of the exchange rate for dollars in the pricing of that group, we will see …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 22nd September 2024

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Naijanews Sept. 22, 2024 5:35 a.m.

According to the report, computer/web fraud, mobile fraud, and POS-related fraud emerged as the most frequent, continuing a pattern observed throughout 2023 and into the first quarter of 2024. POS-related …

According to the report, computer/web fraud, mobile fraud, and POS-related fraud emerged as the most frequent, continuing a pattern observed throughout 2023 and into the first quarter of 2024. POS-related …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 21st September 2024

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Naijanews Sept. 21, 2024 5:24 a.m.

The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1655 and sell at N1665 on Friday 20th September 2024, according to sources …

The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1655 and sell at N1665 on Friday 20th September 2024, according to sources …

NNPCL Moves To Revive Brass, Olokola LNG Projects

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Naijanews Sept. 20, 2024 1:14 p.m.

According to NNPCL’s Chief Corporate Communications Officer,Olufemi Soneye,in a statement on Friday, “Gastech is the world’s leading forum dedicated to delivering a more sustainable energy future by bringing together experts …

According to NNPCL’s Chief Corporate Communications Officer,Olufemi Soneye,in a statement on Friday, “Gastech is the world’s leading forum dedicated to delivering a more sustainable energy future by bringing together experts …

Increased Adoption Of Rail Travel Drives Nigerian Railway Revenue To ₦1.69 Billion In Q2 – NBS

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Naijanews Sept. 20, 2024 9:18 a.m.

The report also highlighted a rise in freight transport, with 143,759 tons of goods moved by rail in Q2 2024, significantly higher than the 56,936 tons transported during the same …

The report also highlighted a rise in freight transport, with 143,759 tons of goods moved by rail in Q2 2024, significantly higher than the 56,936 tons transported during the same …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 20th September 2024

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Naijanews Sept. 20, 2024 4:50 a.m.

Speaking at a luncheon organized as part of the inaugural US-Nigeria Strategic Energy Dialogue, Verheijen said the upstream gas project would deliver 350 million standard cubic feet of gas per …

Speaking at a luncheon organized as part of the inaugural US-Nigeria Strategic Energy Dialogue, Verheijen said the upstream gas project would deliver 350 million standard cubic feet of gas per …

Nigeria’s Foreign Reserves Hit $2.35 Billion, Strengthening Naira Stability – Edun

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Naijanews Sept. 19, 2024 3:49 p.m.

“On the fiscal side as well, government revenues are growing and the key to government revenue is not so much that government has revenue to compete with the private sector. …

“On the fiscal side as well, government revenues are growing and the key to government revenue is not so much that government has revenue to compete with the private sector. …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 19th September 2024

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Naijanews Sept. 19, 2024 5:14 a.m.

“Lower crude oil earnings, the removal of fuel subsidies, increasing import bills, and growing external debt servicing obligations pose downside risks to external reserves,” the CBN added. The Central Bank …

“Lower crude oil earnings, the removal of fuel subsidies, increasing import bills, and growing external debt servicing obligations pose downside risks to external reserves,” the CBN added. The Central Bank …

CBN Appoints New Board Chairman, Directors For Keystone Bank

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Naijanews Sept. 18, 2024 8:26 a.m.

Abdul-Rahman Esene, with over 43 years of experience in banking, investment management, and corporate finance, has held leadership roles in major institutions such as Fidelity Bank, Afrinvest, and Global Arbitrage …

Abdul-Rahman Esene, with over 43 years of experience in banking, investment management, and corporate finance, has held leadership roles in major institutions such as Fidelity Bank, Afrinvest, and Global Arbitrage …

Fuel Subsidy Removal Could Hinder External Reserve Growth – CBN

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Naijanews Sept. 17, 2024 2:13 p.m.

“In addition, the sustained monetary policy tightening by central banks across advanced economies increases the risk of capital outflow.” On Nigeria’s output growth, CBN said: “Nigeria’s output growth is expected …

“In addition, the sustained monetary policy tightening by central banks across advanced economies increases the risk of capital outflow.” On Nigeria’s output growth, CBN said: “Nigeria’s output growth is expected …

Just In: Trump Launches New Cryptocurrency Platform

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Naijanews Sept. 17, 2024 8:12 a.m.

While the two-hour online presentation provided limited specifics, it introduced a system that allows users to purchase digital “tokens” granting voting rights in decision-making on the platform. The new platform, …

While the two-hour online presentation provided limited specifics, it introduced a system that allows users to purchase digital “tokens” granting voting rights in decision-making on the platform. The new platform, …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 17th September 2024

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Naijanews Sept. 17, 2024 4:53 a.m.

The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1662 and sell at N1665 on Monday 16th September 2024, according to sources …

The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1662 and sell at N1665 on Monday 16th September 2024, according to sources …

New Price Of Petrol Across All States In Nigeria – NNPCL

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Naijanews Sept. 16, 2024 6:58 a.m.

The North East states would be paying the highest per liter from ₦1,019.22, followed by North West states from ₦999.22, followed by North Central states from ₦992.22, followed by South …

The North East states would be paying the highest per liter from ₦1,019.22, followed by North West states from ₦999.22, followed by North Central states from ₦992.22, followed by South …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 16th September 2024

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Naijanews Sept. 16, 2024 5:01 a.m.

“I said sometime ago and I told Mr. President when he invited me for Iftar, I told him, I said the ease of doing business in the Aviation sector has …

“I said sometime ago and I told Mr. President when he invited me for Iftar, I told him, I said the ease of doing business in the Aviation sector has …

Onyeama Hails President Tinubu, Keyamo For Signing Cape Town Convention Practice Directions

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Naijanews Sept. 15, 2024 1:35 p.m.

So, I don’t need to amass so much money now to start acquiring planes “If every Nigerian – the least of Nigerian airlines, those with five planes or three planes, …

So, I don’t need to amass so much money now to start acquiring planes “If every Nigerian – the least of Nigerian airlines, those with five planes or three planes, …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 15th September 2024

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Naijanews Sept. 15, 2024 4:42 a.m.

The publication confirmed the development using GovSpend, a civic tech platform that tracks and analyses Federal Government’s spending, On November 17, 2023, the government, through the State House headquarters transit …

The publication confirmed the development using GovSpend, a civic tech platform that tracks and analyses Federal Government’s spending, On November 17, 2023, the government, through the State House headquarters transit …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 14th September 2024

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Naijanews Sept. 14, 2024 5:19 a.m.

“They’ve asked us to provide office space for them since they will be supplying the crude, overseeing the production, and buying back the products in Naira.” This arrangement involves the …

“They’ve asked us to provide office space for them since they will be supplying the crude, overseeing the production, and buying back the products in Naira.” This arrangement involves the …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th September 2024

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Naijanews Sept. 13, 2024 4:59 a.m.

Commenting on the situation, Lateef Omoyemi Akangbe, Partner at the law firm who represents Wilben Trade, said: “Ecobank’s claims that the Central Bank of Nigeria has not launched an investigation …

Commenting on the situation, Lateef Omoyemi Akangbe, Partner at the law firm who represents Wilben Trade, said: “Ecobank’s claims that the Central Bank of Nigeria has not launched an investigation …

NNPC Demands Permanent Office Space For Staff At Dangote Refinery As Part Of Crude Deal

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Naijanews Sept. 12, 2024 5:55 p.m.

“They’ve asked us to provide office space for them since they will be supplying the crude, overseeing the production, and buying back the products in Naira.” This arrangement involves the …

“They’ve asked us to provide office space for them since they will be supplying the crude, overseeing the production, and buying back the products in Naira.” This arrangement involves the …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 12th September 2024

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Naijanews Sept. 12, 2024 5:11 a.m.

“Though painful in the short term, the removal of fuel subsidies is designed to free up budgetary resources for critical investments in infrastructure and social services, frequent adjustment of the …

“Though painful in the short term, the removal of fuel subsidies is designed to free up budgetary resources for critical investments in infrastructure and social services, frequent adjustment of the …

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 8th September 2024

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Naijanews Sept. 8, 2024 5:20 a.m.

Ahmed further noted that UTM was initially authorized to construct a facility with a capacity of 1.2 million tons per annum in 2019, but this was later enhanced to 2.8 …

Ahmed further noted that UTM was initially authorized to construct a facility with a capacity of 1.2 million tons per annum in 2019, but this was later enhanced to 2.8 …

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