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Author name: Ronald Kabuubi

Nigeria’s Bank reserves with CBN surge to N26.8 trillion amid aggressive CRR policy

Nigeria’s banking reserves surged to N26.8 trillion in August 2024, a substantial increase from N19.4 trillion a year earlier, as the Central Bank of Nigeria (CBN) continues its aggressive monetary tightening under Governor Yemi Cardoso. The jump comes in response to the CBN’s efforts to contain rising inflation and curtail excessive liquidity in the financial system. At […]

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United Arab Emirates (UAE) delegation participates in high-level meetings on the fourth day of the 79th session of the United Nations General Assembly

H.E. Sheikh Shakhboot Nahyan Al Nahyan also participated in the launch event for Liberia’s UN Security Council campaign. ABU DHABI, United Arab Emirates, September 29, 2024/APO Group/ –The United Arab Emirates’ delegation continued its participation in several key high-level meetings during the fourth day of the 79th session of the UN General Assembly (UNGA79). The

United Arab Emirates (UAE) delegation participates in high-level meetings on the fourth day of the 79th session of the United Nations General Assembly Read More »

News Russia destroys 125 Ukrainian drones

Russia has destroyed no fewer than 125 Ukrainian drones over its territory. The Ukrainian Defence Ministry revealed this on Sunday, with regional governors reporting some damage but no casualties from the attack. In a post on its Telegram, the ministry said 125 Ukrainian fixed-wing UAVs were destroyed and intercepted by air defence systems on duty.

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Delegates at UN General Assembly call for an end to hostilities in the Middle East

Delegates at the UN General Assembly, including the foreign ministers from Indonesia, Denmark and Trinidad and Tobago, have called for an end to hostilities in the Middle East. The Danish foreign minister, Lars Løkke Rasmussen, said, ‘Hundreds of thousands of people have been displaced all over the region, and there’s a very, very real risk

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IDF confirms carrying out new ‘targeted’ airstrike in Beirut

The IDF confirms carrying out an airstrike in the Lebanese capital of Beirut a short while ago. The military describes the strike as “targeted” and says further details will be provided soon. The Hezbollah terror group confirms the death of senior official Nabil Qaouk in an Israeli airstrike yesterday. The IDF struck Qaouk, a member

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Tax filers doubled during current fiscal year: finance minister

Finance Minister Muhammad Aurangzeb on Sunday said that tax filers for the current fiscal year had nearly doubled as compared to last year, stating that around 723,000 new filers have registered themselves. On September 20, Prime Minister Shehbaz Sharif approved drastic measures for tax enforcement and compliance, including a ban on all banking and financial transactions for

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Modi government planning regulatory mechanism for monitoring FDIs

The Indian government is mulling over setting up a foreign investment regulatory mechanism. This proposed system, which is still in the discussion phase, would take care of post-investment reviews and monitoring in the country. The main goal is to ensure that all foreign direct investments (FDIs) are not just good for the economy, but also come from

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Indian stock market to remain closed on October 2

India’s top stock exchanges, the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), will be shutting shop on Wednesday, October 2 on the account of Gandhi Jayanti.According to the BSE holiday calendar, there will be no trading on October 2 in the equity, equity derivatives, and SLB segments.So, you won’t be able to buy or sell stocks

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US strikes on Syria kill 37 with links to ISIS, al-Qaeda, including 2 top terrorists

CENTCOM says strikes ‘will disrupt ISIS’ capability to conduct operations against US interests; also targeted Islamic State training camp earlier this month, killing 28 terrorists. In Syria, 37 terrorists affiliated to the jihadist Islamic State group and an al-Qaeda-linked group were killed in two strikes, the United States military said Sunday. Two of the dead

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SpaceX launches rescue mission to bring home stranded astronauts

A SpaceX rocket lifted off with two passengers on Saturday to retrieve two American astronauts stranded on the International Space Station (ISS) for months, according to Nasa. The Falcon 9 rocket lifted off from Cape Canaveral, Florida, at 1:17pm, carrying Nasa astronaut Nick Hague and Russian cosmonaut Alexander Gorbunov to the ISS. The mission, Crew-9, features two

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