Real Time Financial News Website
JPMorgan has urged investors to purchase Eskom bonds in South Africa before the country’s budget, which is anticipated to be released on February 22 and reveal how much of the…
According to a draft budget policy statement from the ministry of finance, Kenya will set a net external financing goal of 198.6 billion shillings ($1.60 billion), or 1.2% of its…
In an effort to help Ghana deal with its economic crisis, more than two dozen aid and advocacy organizations demanded that a sizable portion of its debts be forgiven by…
According to statistics service data released, Ghana’s producer price inflation decreased from 78.1% in November to 52.2% in December. According to data released, rising fuel, utility, and food prices caused…
Out of the 29 power plants in the nation, 26 saw a 26% reduction in capacity, and three were completely shut down and unable to produce a single megawatt. On…
Stakeholders in the nation’s maritime industry claim that local shipowners are suffering as a result of Nigerian National Petroleum Corporation Limited’s reliance on foreign ships to lift petroleum products. Emmanuel…
The Federal Government of Nigeria borrowed about $3.27 billion from five nations between June 30, 2015, and September 30, 2022. According to information from the Debt Management Office’s external loans…
According to information from the Budget Office of the Federation, the Federal Government has experienced a revenue shortfall of N14. 28 trillion during the tenure of President Major-General Muhammadu Buhari…
The distribution of the new naira notes to the entire nation will be completed before the deadline of January 31, 2023, according to the Central Bank of Nigeria. Stakeholders have…
Due to profit-taking actions by Dangote Cement Plc and 20 other companies, the Nigerian stock market ended down by N47 billion. The All-Share Index dropped 85.80 absolute points, or 0.16…
The trajectory of Nigeria’s debt is manageable. The nation planned to significantly lower its key debt service-to-revenue ratio this year and would not borrow on the global capital markets, the…
According to the International Monetary Fund (IMF), two reviews of a financing agreement with Uganda were approved by the IMF executive board and will now allow for the immediate release…
Although British inflation decreased last month after reaching a 41-year high in October, the pressure on households remained high as food and drink prices increased at the fastest rate since…
Wells Fargo (NYSE:WFC) stock is declining in pre-market trading as a result of analysts downgrading the banking behemoth after “tough” Q422 results. Despite the bank reporting that its Q4 expenses…
Ivoire Hydro Energy (IHE), which will construct a 44MW hydroelectric power generation plant on the Bandama River close to the village of Singrobo in Côte d’Ivoire, received a €25 million…
InstaDeep Ltd., a top global technology company in the fields of artificial intelligence (“AI”) and machine learning, and BioNTech Inc. announced that they have entered into an agreement under which…
Following China’s announcement of its weakest annual economic growth in nearly 50 years, which increased investors’ concerns about an economic slowdown, European shares fell, taking a break from their sharp…
According to the International Monetary Fund, 15% of low-income countries are already experiencing debt distress. According to Nairametrics, the IMF stated in a new report titled “Confronting Fragmentation Where It…
According to Babatunde Irukera, the Federal Competition and Consumer Protection Commission’s executive vice chairman and chief executive officer, some importers and sellers of generating sets in the nation have been…
The Senate is prepared to approve the N23.7 trillion debt restructuring request made by President Major General Muhammadu Buhari (Retd.) in December of last year, according to Senate President Ahmad…
In a statement outlining its expectations for the state of the global economy in 2023, OPEC predicted that Chinese oil demand would increase this year as a result of the…
According to the most recent industry data, power generation on the national grid fell steadily in the first and second quarters of 2022, totaling a 1,713.55 gigawatt-hour decline over the…
The International Labor Organization has issued a dire warning that millions of people in Nigeria and other Sub-Saharan nations run the grave risk of experiencing high unemployment in 2023. The…
181 companies have received permission from the National Pension Commission to conduct business with the Federal Government. In a report titled “Schedule of Employers Issued with Certificate of Compliance with…
In a survey conducted by the World Economic Forum (WEF) of chief economists from the private and public sectors, two-thirds predicted a global recession in 2023, the organization that organizes…
The registration deadline for Ghana’s domestic debt exchange has once more been extended, this time to January 31, according to Finance Minister Ken Ofori-Atta. Days before reaching a staff-level agreement…
Hon. Unyime Idem, a member of the House of Representatives representing the Ukanafun/Oruk Anam Federal Constituency, has called on the federal government to increase budgetary support for the construction of…
Microsoft Corp (MSFT. O) announced that it is expanding access to wildly popular software from OpenAI, a startup it is funding and whose ChatGPT chatbot has captured Silicon Valley’s attention…
As a result of severe COVID restrictions and a downturn in the real estate market in the fourth quarter of 2022, China’s economic growth fell to one of its lowest…
As the United States slows the pace of rate hikes and eventually stops increasing them, analysts predict that gold prices will rise towards record highs above $2,000 an ounce this…