Business

CBN Unveils e-Learning Platform, ‘SabiMONI’, to Promote Financial Inclusion, Literacy

May 16, (THEWILL) - The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion. Speaking at the ceremony, the CBN Governor, Mr Godwin Emefiele, said that the platform...

Bayelsa, Kogi, Rivers Most Hit by Inflation in April

May 16, (THEWILL) - Bayelsa, Kogi and Rivers – were most battered by inflation among Nigeria’s 36 states, in April, 2023, according to the National Bureau of Statistics (NBS). Analysing price movements under the states, the NBS said Bayelsa, Kogi...

CBN Unveils e-Learning Platform ‘SabiMONI’

May 16, (THEWILL) – The Central Bank of Nigeria (CBN) has unveiled an e-learning platform, ‘SabiMONI’, to promote financial literacy and deepen financial inclusion. A fully digital national e-learning platform that provides a knowledge base for financial literacy, SabiMONI...

Argentina Raises Interest Rate To 97%

May 16, (THEWILL) – The Central Bank of Argentina has raised its key interest rate by six percentage points to 97% in an effort to tackle soaring inflation in the country. Argentina's annual inflation rate soared above 100% last...

Kenya’s President Appoints Dr. Thugge As 10th Central Bank Governor

May 16, (THEWILL) – Kenya’s President, William Ruto, has appointed Dr Kamau Thugge as the 10th Central Bank Governor of Kenya. Dr Thugge’s appointment comes ahead of the imminent retirement of Dr Patrick Njoroge, the current Central Bank Governor...

NGX Reiterates Commitment to Upholding Market Transparency Rules, Regulations

May 15, (THEWILL) - Nigerian Exchange Limited (NGX) has reiterated its commitment to supporting the enforcement of regulations that enhance transparency in the capital market, by reminding investors to comply with rules on disclosure of substantial holdings in listed...

Nigeria’s April Inflation Rises To 22.2% As Food Prices Soar

May 15, (THEWILL) – Nigeria’s annual inflation rate rose to 22.22 per cent in April from 22.04 per cent in the previous month, the National Bureau of Statistics (NBS) said Monday. The statistics office said the April 2023 inflation rate...

Airtel Africa Record Double-digit Revenue

The financial year ending March 31, 2023 gave Airtel Africa Plc double-digit revenue growth and resilient margin, with its revenue in constant currency growing by as much as 17.6%, and 11.5% to $5.255 million in reported currency. Airtel Africa is...

NAHCO Subsidiary Commences Export of Food Items

West Africa’s foremost ground handling service provider, National Aviation Handling Company (NAHCO) Aviance, recorded a major first recently as it started the exportation of food items to Europe under its new subsidiary, NAHCO Food and Beverages Limited. A Release from...

MTN Group Mulls Sale of WA Assets Amid Challenging Business Conditions

MTN Group Ltd. Africa's largest mobile operator, is reportedly in advanced talks to sell some of its assets to Axian Group Ltd. According to sources familiar with the matter, negotiations on the prices of MTN's assets in Liberia, Guinea-Bissau,...