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Elizabeth Williams

Business

Energy Source: German community fights energy costs with wood

Wood Could Be German Answer to Soaring Energy PricesIn search for alternatives to heating with gas, Germans are increasingly turning to wood. Wood-burning stoves...

Elizabeth Williams -

Business

Nigerian Government Plans to Spend N3.35 Trillion On Fuel Subsidy in 2023 -Ahmed

Nigeria's Minister of Finance and National Planning, Zainab Ahmed, has said the Federal Executive Council (FEC) has given approval for a planned summit of...

Elizabeth Williams -

Business

Euro Zone Inflation Hits New Record High

Euro zone inflation reached a new record high of 8.9% year-on-year in July, the EU's statistics office confirmed, with the core measure, excluding the...

Elizabeth Williams -

Business

Ghana Delivers Biggest Rate Hike Ever At 300 Basis Point

Ghana's central bank announced a 300 basis point hike in its main lending rate, the West African country's largest ever, after an emergency meeting...

Elizabeth Williams -

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CBN Warns Nigerians On Fake Foreign Currency Transfer

The Central Bank of Nigeria has raised alarm warning Nigerians to beware of falsified SWIFT documents and a growing trend of fraudulent foreign currency transfer. The CBN in a statement signed by Mrs Hakama Sidi Ali, Acting Director of Corporate Communications advised the public to remain vigilant and avoid falling victim to...

G20 Summit: South Africa Takes Over Leadership From Brazil

South Africa has become the first African nation to lead the influential bloc of the world’s largest economies after assuming the presidency of the G20. The handover ceremony took place in Rio de Janeiro, Brazil during the G20 summit. Leadership was officially transferred from Brazilian President Luiz Inácio Lula da Silva...

Ajayi Rejects Ondo Election Results, Vows to Seek Justice in Court

Chief Agboola Ajayi, the 2024 Ondo State Governorship Candidate for the Peoples Democratic Party (PDP), has rejected the election results announced by the Independent National Electoral Commission (INEC) on Sunday. Ajayi has announced plans to challenge the results in court. In a statement issued by his Special Adviser,...