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“I Sold My Inheritance to Japa — Now I Just Want to Come Back”
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The Netherlands Returns 119 Benin Bronzes to Nigeria in Historic Repatriation
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Iranian Authorities Arrest 22 over Suspected Israeli Ties
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Mass Protests Erupt Across Tehran, Baghdad, and Beirut in Response to Israeli Strikes
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Dominican Nightclub Owners Released on Bail Following Deadly Collapse
Category: All Posts in Business Category
• Business
SEC Bars Independent Directors from Executive Roles, Limits CEO and Chairman Tenure
Wafric News – June 21, 2025Abuja, Nigeria - Nigeria’s Securities and Exchange Commission (SEC) has issued a sweeping directive prohibiting Independent Non-Executive Directors (INEDs) from transitionin...
• Business
UK Reaffirms 99% Duty-Free Access for Nigerian Exports Under New Trade Scheme
Wafric News – June 20, 2025The United Kingdom has confirmed that Nigerian exporters will continue to enjoy 99% duty-free access to the UK market under the Developing Countries Trading Scheme (DCTS) —...
• Business
Nigerian Banks Must Repay $2.35 Billion in Eurobonds by End of 2026
WafricNews - June 20, 2025 Nigeria’s banking sector is bracing for a major financial test as five leading banks prepare to settle a combined $2.35 billion in Eurobond repayments by the end of 2026. W...
• Business
Bank of England Holds Interest Rate at 4.25% Amid High Inflation
Wafric News – June 19, 2025London – The Bank of England (BoE) has decided to hold its benchmark interest rate at 4.25%, citing continued inflationary pressures and mounting global uncertainties. The m...
• Business
Lights Out: Ghana Cuts Power to State Agencies Over Mounting Debts
Wafric News – June 18, 2025 Accra, Ghana - Ghana’s state-owned power company has begun switching off electricity to major government institutions over a staggering backlog of unpaid bills—signaling a...