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%…
Month: March 2025
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…
China Faces Growing Economic Uncertainty Amid Trade Tensions and Domestic Challenges
China’s economy is grappling with increasing uncertainty on the international front, as well as domestic challenges, according to top economic…
Nigeria and UK Strengthen Cybersecurity Collaboration
Nigeria and the United Kingdom have joined forces to enhance the country’s cybersecurity capabilities, focusing on creating a robust National…
Microsoft Withdraws from Some CoreWeave Agreements Over Delivery Issues
Microsoft has reportedly pulled back from certain agreements with CoreWeave, a cloud computing provider, due to delivery issues and missed…
IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu Government
The International Monetary Fund (IMF) has praised the reforms implemented by Nigeria’s Bola Ahmed Tinubu-led government, noting that these measures…
Ghana Government Considers Listing State-Owned Enterprises on Stock Exchange
The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has confirmed that the Ghanaian government will consider the possibility of…
NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn
In a remarkable achievement, Nigerian Exchange Group Plc (NGX Group) has proposed a record dividend of N4.4 billion, marking a…
Stock Market Experiences Continued Downturn with N289bn Loss
The Nigerian stock market continued its decline on March 5, 2025, as the overall capitalization dropped by N289 billion, reflecting…
Stocks Rise as U.S. Tariff Tensions Ease; Euro Strengthens Ahead of ECB Decision
Asian stock markets saw gains on Thursday as investor sentiment improved following news that U.S. President Donald Trump had granted…
United Capital Delivers Strong 2024 Financial Results with N2.40k Dividend Payout to Shareholders
United Capital Plc (UCAP) has announced a total dividend payout of N2.40 per share for 2024, rewarding shareholders with remarkable…
FCMB’s Continued Support for the Blind Celebrated by FNSB
The Federal Nigeria Society for the Blind (FNSB) has praised First City Monument Bank (FCMB) for its ongoing contributions to…
Telecoms Industry Faces Growth Challenges, Yet Revenue Set to Reach $1.1 Trillion by 2028
The global telecoms industry is expected to see steady revenue growth despite significant challenges, with projected revenue reaching $1.1 trillion…
Africa Strengthens Cybersecurity with Stricter Data Protection Laws
In a significant move toward enhancing data security, 39 out of 55 African nations have now enacted data protection laws,…
CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global Challenges
The Central Bank of Nigeria (CBN) is enhancing its regulatory framework to ensure the stability and resilience of the nation’s…
US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey Reveals
A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since mid-January, with employment…
Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project
The Bank of Ghana (BoG) has announced plans to contract Architectural and Engineering Services Limited (AESL) for a value-for-money audit…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence. Data from the Debt Management Office…
Naira Stability Outlook Strong as CBN Maintains FX Market Interventions
The Central Bank of Nigeria (CBN) is expected to maintain the stability of the naira in the coming weeks through…
Nigeria Secures $50.8 Billion in Global Trade Investment Deals
Nigeria has made significant strides in its economic diversification efforts, securing over $50.8 billion in investment commitments from international partners.…
Dubai Leads as Most Digitally Dependent City in 2025
Dubai has claimed the top spot as the most digitally dependent city in the world for 2025, according to a…
Nvidia and Broadcom Test Intel’s 18A Chip Process Amid Delays in Foundry Business
Nvidia and Broadcom are reportedly conducting tests on Intel’s 18A chip manufacturing process, a critical step as both companies evaluate…