Rapid Adoption: 1.6 Million Nigerians Embrace CreditCorp's New Consumer Credit Scheme
May, 15 2024
Business
Pravina Chetty
Uzoma Nwagba, CEO of Consumer Credit Corporation (CreditCorp), announced on Channels TV's Politics Today that 1.6 million Nigerians have applied for the new consumer credit scheme. Initiated by President Bola Tinubu's administration, the scheme started with civil servants and aims to broaden credit access for all citizens over several phases.
Kenya Sees Slight Decrease in Fuel Prices in Latest EPRA Adjustment
May, 14 2024
Business
Pravina Chetty
In the latest pricing review by the Energy and Petroleum Regulatory Authority (EPRA), Kenya experiences a marginal reduction in the costs of petroleum products. Super petrol, diesel, and kerosene prices saw a decrease of Sh1, Sh1.20, and Sh1.30 respectively. This adjustment will be effective from 15th May to 14th June 2024 and reflects fluctuations in global prices and local currency value.
