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By Juliet ETEFE ([email protected]) The inflation rate keeps declining, as indicated by the Consumer Price Index (CPI) report for April 2025, which shows a year-over-year (y-o-y) inflation rate of 21.2 percent. This represents a decrease of 1.2 percentage points from the 22.4 percent noted in March 2025, marking five successive months of declining inflation…
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VMPL Kolkata (West Bengal), India – May 10: Birla Corporation Limited closed FY24-25 with strong quarterly output and sales volumes, leading to a combined net profit of Rs 257 crore for the March quarter, marking a 33% increase compared to the previous year. This improvement followed three difficult quarters that impacted the whole sector.…
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New Delhi [ India ], May 10 (ANI): Congress MP Manish Tewari criticized the International Monetary Fund for approving a $1 billion loan Pakistan , describing it as “highly regrettable,” and stated that the “empathy” towards the IMF towards Pakistan is clearly “unwarranted.” “It is terribly regrettable because the funds that go to Pakistan…
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AirAsia is contemplating cutting back on flights between Thailand and China by at least 15% as a response to the downturn in the Chinese market. Simultaneously, the airline urges the Thai authorities to maximize tax refund benefits for visitors in an effort to swiftly boost consumer expenditure. Tassapon Bijleveld, executive chairman of Asia Aviation,…
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The Securities and Exchange Commission (SEC) has urged collaboration amongst African financial markets with the aim of fostering greater interconnectedness across the continent and promoting the creation of innovative products. During his visit to the Autorité Marocaine du Marché des Capitaux (AMMC), also known as the Moroccan Capital Market Authority in Rabat on Monday,…
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The Nigeria Customs Service intends to bolster its partnership with the Office of the Accountant-General of the Federation to increase national revenues even more and improve the pembinaan of its personnel. Following reports of a substantial rise in the Service’s income, this initiative has been launched. The Comptroller-General of Customs, Adewale Adeniyi, welcomed the…
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Prime Minister Muhammad Shehbaz Sharif on Thursday expressed satisfaction over a significant 31% increase in remittances during the first ten months of the fiscal year 2025, compared to the same period last year. According to the Prime Minister, remittances reached a record-high level of $31.2 billion between July 2024 and April 2025 the highest…
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Kathmandu [ Nepal ], May 10 (ANI): The Institute for Banking, Finance, and Insurance has announced Nepal ( BFIN ) in partnership with India- Nepal Center of the PhD Chamber of Commerce and Industry ( PHDCCI ) Successfully organized a high-level symposium entitled “Aspirational” Nepal How to Profit From It Economic Reforms at the…
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The president of the Dangote Group, Aliko Dangote, has initiated a N15 billion, five-year development acara for the Aliko Dangote University of Science and Technology (ADUSTech) located in Wudil, Kano State. Dangote made this statement during the 2nd chancellorship investiture and the fifth joint convocation ceremony awards for bachelor’s, master’s, and honorary degrees on…