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Ghana Reference Rate falls to 10.01%, signalling further relief for borrowers
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The Ghana Reference Rate (GRR), a key benchmark commercial banks use to price loans, has fallen to 10.01% for November 2026, signalling potential relief for borrowers. JoyBusiness calculations, based on the industry-approved formula and market data, put the rate below the 10.04% recorded in October.…
By Adegboyega Adeleye The Director of Strategic Communication of the African Democratic Congress (ADC) Presidential Campaign Council, Phrank Shaibu, has said President Bola Tinubu’s trip to Saudi Arabia for Umrah will not guarantee his re-election in 2027. Shaibu criticised the President’s religious…
SUNU Assurances Nigeria PLC and SUNU Health Nigeria Limited, in collaboration with H2O Wellness Foundation, has sensitised over 60 women including 40 radio presenters, on breast cancer awareness, focusing on early detection and preventive healthcare, urging them to prioritise their health while…
ECONOMYNEXT — SriLankan Airlines Limited posted a pre-tax loss of 35.6 billion rupees for the first quarter of the 2026/27 financial year, hit by soaring jet fuel costs, West Asia flight disruptions, and currency depreciation. The flag carrier’s losses widened from a net loss of 12.0 billion rupees…
A leading Nigerian food manufacturing company, BUA Foods Plc, has recorded an increase in gross profit to N552.90 billion for the nine months ended 30 September 2026, compared with N520.65 billion in the corresponding period of 2025. Gross profit margin expanded significantly to 48.3%, from 36.7% in…
Unable to campaign against Governor Peter Ndubuisi Mbah on performance, the opposition have adopted a campaign of calumny and the dirty art of disinformation as their only tools for political relevance The post Enugu: Sam Amadi misfired, and misfired needlessly, By Uche Anichukwu appeared first on…
The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has said the bold, macroeconomic reforms put in place by President Bola Ahmed Tinubu have made local sugar production attractive and cleared the pathway for the country to achieve self-sufficiency. Bakrin…
The naira traded at approximately ₦1,347.44 per dollar at the Nigerian Foreign Exchange Market (NFEM), while the US dollar sold for about ₦1,395 in the parallel market on Tuesday, November 3, 2026. The latest official NFEM rate represents the most recent available market quotation, while…