Global Food Prices Hit Highest Level Since 2022 as Sugar Surges 11.9%
Global Food Prices Hit Highest Level Since 2022 as Sugar Surges 11.9% Global food prices climbed in August to the...
Onyeka M. Kimekwu
Financial Researcher & Editor
at Makon Financials with over four years of experience specialising in financial markets, economic developments, and corporate finance across Africa, the Middle East, and global markets. His work focuses on analyzing financial data, examining market developments, and translating complex economic information into clear, accurate, and insightful reporting.
Nigeria Probes Uber’s Exit as Antitrust Agency Investigates Move
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has opened an inquiry into Uber’s exit from the country, days after...
UAE Sets New VAT Rules for Crypto Payments and Dirham Conversion
The UAE Federal Tax Authority (FTA) has introduced a new method for determining the UAE dirham value of digital-currency transactions...
SBI to Hire 12,000 Employees and Open 250 New Branches in FY27, Chairman Setty Says
State Bank of India (SBI) plans to recruit around 11,000 to 12,000 employees and add between 200 and 250 branches...
What Happens When a Country Defaults on Its Debt?
A country defaults on its debt when its government fails to make a scheduled payment to creditors or otherwise does...
Dangote Refinery Secures SEC Approval for ₦2.15 Trillion IPO at ₦525 Per Share
Dangote Petroleum Refinery and Petrochemicals FZE has received approval from Nigeria’s Securities and Exchange Commission (SEC) to proceed with its...
Nigeria’s External Reserves Hit $54 Billion, Highest Level in 18 Years
Lagos, September, 5, 2026: Nigeria’s external reserves have crossed the $54 billion mark for the first time since December 2008,...
What Is Purchasing Power and How Is It Calculated
Purchasing power is the amount of goods and services that a unit of money can buy at a given time....
