Nigeria is studying the currency changes ringing through the West African region and will respond in due course, a statement by a media aide to the Minister of Finance, Budget and National Planning said. “Nigeria has received the news of the change of the UEMOA Currency, the CFA (Communaute Financiere d’Afrique) to Eco supposedly as […]
Cairo hosted the 11th D8 summit that brought together leaders from developing countries—Egypt, Bangladesh, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey. The summit themed “Investing in Youth and Supporting SMEs: Towards Tomorrow’s Economy” emphasized collaborative efforts to tackle global and regional challenges. The summit focused on the crises in the Middle East, including conflicts, economic […]
Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was formed for this purpose. Although no time limit has been precisely set, according to him this tax will mainly be on gains acquired on Initial Public Offerings (IPOs) and also […]
