“Well, there is nothing wrong with removing the subsidy, but there must be a palliative to cushion the effect of the subsidy.”
Fitch Ratings has placed the U.S. credit rating on negative watch for a possible downgrade due to the uncertainty surrounding the nation’s ongoing debt ceiling debate.
AfDB says Nigeria and other African economies are projected to grow by 4.1 per cent in 2023 and 4.3 per cent in 2024.
The Corporate Affairs Commission (CAC) will now make public profiles of owners of companies.
The federal government says Nigerians can now ask their banks to issue them a debit card that doubles as their national identity card at no extra cost.
The percentage of women on the supervisory boards of Germany’s 40 largest firms listed on the DAX index should reach a record 38 per cent by the end of 2023.
CBN has announced the revocation of the licences of 132 microfinance banks, three finance companies and four primary mortgage banks across the country.
She said that the policy marked a significant milestone in the commission’s ongoing efforts to provide greater flexibility and access to pension funds for the benefit of RSA holders.
The West African country is grappling with soaring inflation, debt, and a depreciating currency pushing it to default.
The World Bank Group president, David Malpass, says global growth is expected to be weak in 2023, slowing to two per cent from 3.1 per cent in 2022.
