Hong Kong Launches Streamlined Visa Scheme to Attract Global Tech Talent
Hong Kong has unveiled the 2025 edition of the Technology Talent Admission Scheme (TechTAS), designed to streamline the entry of…
Day: March 10, 2025
Africa Finance Corporation Marks First London Stock Exchange Listing with Market Close Ceremony
Africa Finance Corporation (AFC) recently achieved a significant milestone by marking its first-ever listing on the London Stock Exchange (LSE)…
Stocks Decline Amid Trump’s Trade War, China’s Deflation Concerns, and Economic Worries
Global stock markets faced declines on Monday, fueled by concerns over rising deflationary pressures in China and growing uncertainties surrounding…
Weak Naira Boosts Nigeria’s Competitiveness to 25-Year High
The devaluation of Nigeria’s naira has significantly enhanced the country’s economic competitiveness, according to a recent report by the British…
Fitch Assigns Negative Outlook to Adani Energy Amid U.S. Probe Risks
Fitch Ratings has placed a negative outlook on Adani Energy Solutions Limited, citing concerns over corporate governance and the ongoing…
CBN Aims for Single-Digit Inflation with Forex Stability Measures
The Central Bank of Nigeria (CBN) has been working diligently to stabilize the foreign exchange (forex) market, resulting in notable…
China Bond Yields Surge as Investors Reassess Rate Cut Expectations
China’s sovereign bond yields reached their highest levels of the year, as investor optimism about economic growth led to reduced…
Nigerian Stock Market Declines Amid Selloffs and Declining Fixed Income Yields
The Nigerian stock market closed in negative territory last week due to widespread selloffs in blue-chip companies across various sectors,…
Ghana’s Treasury Bill Yields Hit 20-Month Low Amid Fiscal Consolidation Strategy
Treasury bill yields have continued their downward trend, reaching the lowest levels in 20 months, with average rates between 17%…
Telecom Tariff Hike Sparks Outrage in Southeast Nigeria
Telecom subscribers in Anambra, Ebonyi, and Enugu States have expressed their dissatisfaction with the recent 50% tariff increase approved by…
Nigeria’s Economic Recovery Gathers Momentum Amid Positive Indicators
Nigeria’s economy is showing encouraging signs of recovery, driven by positive macroeconomic indicators such as rising foreign direct investment (FDI)…
U.S. Dollar Weakens Amid Trade War Fears, Safe-Haven Currencies Soar
The U.S. dollar is under pressure, trading near a four-month low against major currencies as concerns over a potential global…
Rebased GDP to reveal Nigeria’s underlying economic realities
Nigeria is set to unveil a rebased Gross Domestic Product (GDP) for the first quarter of 2025, a revision that…
China’s Top Universities Expand Enrollment to Focus on AI and Strategic Technologies
In a bid to strengthen its capabilities in artificial intelligence (AI) and other key sectors, several of China’s leading universities…
Nigeria’s Economic Recovery Spurs Strong Investor Confidence
Nigeria’s economy is showing signs of strong recovery, with inflation easing to 24.5% in January and a steady rise in…
Naira Declines Against Dollar Amid Increased Demand and Tight Liquidity
The Naira experienced a reversal of recent gains last week, depreciating against the U.S. dollar in both the official and…
2025 Budget Crucial for Ghana’s Economic Recovery, Says Finance Minister Ato Forson
Finance Minister Dr. Cassiel Ato Forson has emphasized the significance of the 2025 Budget in stabilizing Ghana’s fragile economy. During…
Stakeholders Criticize Inflation Rebase and CBN’s MPC Decision Amid Economic Challenges
The recent rebasing of Nigeria’s inflation rate and the Central Bank of Nigeria’s (CBN) decision to maintain the benchmark interest…