Economy News

It’s Common information that the Nigerian authorities selected a change of its 200, 500, and 1,000 naira notes. The Central Financial institution of Nigeria launched new banknotes in November 2022. The brand new notes got here into impact on 15 December 2022, the apex financial institution additionally capped the withdrawal of the brand new banknotes at N500,0000 per week for …

The eyes of the financial system will probably be on the Central Financial institution this week, because it impacts funding merchandise similar to change charges and gold costs. The Financial Coverage Committee, which can convene to find out the rate of interest resolution in March, will announce the choice taken. So, what time will the assembly be? WHEN AND WHAT …

After the rise within the final weeks, the most recent state of affairs in gold is being adopted intently as of March 15, 2022. Up to now weeks, the outflows within the greenback fee turned the rise of ounce gold and the path of gold varieties within the home market upwards. Gold, which has been on the decline chart for …

Treasury and Finance Minister Dr. Nureddin Nebati, to the İHA reporter, evaluated the Turkish Financial system Mannequin, how the rise in commodity costs brought on by Russia’s battle on Ukraine will have an effect on Turkey, and defined the steps taken to fight inflation and guarantee provide safety in meals. Stating that they defined the Turkish Financial system Mannequin, which …

Turkish Statistical Institute (TUIK) introduced the home gross sales statistics for February 2022. Accordingly, home gross sales throughout Turkey elevated by 20.1 % in February in comparison with the identical month of the earlier yr and have become 97 thousand 587. Istanbul had the very best share in home gross sales with 18,752 home gross sales and 19.2 %. Based …

Vacation bonuses launched up to now years are paid to individuals who retire twice a yr. Within the funds made earlier than the vacation, retirees meet their vacation wants. It was a matter of curiosity how a lot the vacation bonuses, which had been paid as 1100 lira in 2021, shall be in 2022. WHEN WILL THE RETIRED HOLIDAY JACKPOT …

With just a few days left in Ramadan, tens of millions of retirees targeted on the vacation bonuses given throughout Ramadan and Sacrifice Holidays. It’s puzzled how a lot the retirement vacation bonuses, which have been paid as 1,100 TL final yr, shall be this yr and when they are going to be deposited within the accounts. HOW MUCH WILL …

TurkStat introduced the variety of home gross sales as of the top of February. With the gross sales of 97 thousand 587 homes in Turkey in February, there was a rise of 20.1 p.c in comparison with the identical month of the earlier 12 months. Istanbul took the primary place with 18,752 homes offered. The second was recorded as Ankara …

With the impact of the withdrawal on the Brent oil facet, the sector and residents anticipated a discount in gasoline costs. Accordingly, as of March 15, diesel oil has been discounted. Power Oil Fuel Provide Stations Employers’ Union (EPGİS), which beforehand reported its low cost and hike selections on its social media account, didn’t make an announcement this time. However, …

Functions for the Pure Fuel Consumption Help, which was applied for the households in want, began to be acquired as of February. Residents who accomplished the applying course of targeted on when the funds can be made. The assist cost can be credited to the PTT card of the beneficiary. Pure gasoline funds are deliberate to be made quarterly, twice …