U.S. Ambassador Reassures Ghana Amid Trade Policy Shifts
The United States Ambassador to Ghana, Virginia Evelyn Palmer, sought to calm concerns regarding the future of U.S.-Ghana trade relations…
Day: April 3, 2025
US Tech and Retail Stocks Plunge as Trump’s Tariffs Trigger Global Market Panic
A sharp market sell-off was triggered after President Donald Trump announced sweeping new tariffs, which sent megacap U.S. tech and…
Trump’s Trade Policies Spark Record Outflows from Asian Equities in Q1
In the first quarter of 2024, foreign investors pulled the largest amount of capital from Asian equities in 15 years,…
Investors Seek Safe Havens Amid Growing Tariff Uncertainty
As tariffs continue to shape the global trade landscape, investors are searching for strategies to mitigate the economic impact. With…
China threatens countermeasures as Trump’s tariffs escalate trade tensions
The trade dispute between the United States and China has intensified following President Donald Trump’s latest announcement of new tariffs…
Stakeholders Praise ISA 2025 as a Milestone for Nigerian Capital Market Growth
Key stakeholders in Nigeria’s capital market have expressed strong support for the recently signed Investments and Securities Act 2025 (ISA…
Bitcoin Dips to $82,000 Amid Trade Tensions Following Trump’s Tariff Announcement
Bitcoin (BTC) experienced a notable decline on Thursday, dropping to around $82,000, a 4% loss, amid heightened global trade tensions…
Softening Inflation Fuels Private Sector Growth to 54.3 in March 2024
Private sector growth in Nigeria saw a significant uptick in March 2024, with the Stanbic IBTC Bank Purchasing Managers’ Index…
Obasanjo’s $700 Million Investment in Cameroon Sparks Concerns Over Nigeria’s Business Climate
Former Nigerian President Olusegun Obasanjo, through his firm Agro-Allied Business Ltd (OABL), is set to invest $700 million in Cameroon’s…
EU Prepares Countermeasures Against New U.S. Tariffs, Warns of Global Economic Impact
European Commission President Ursula von der Leyen has strongly criticized U.S. President Donald Trump’s recent universal tariffs, describing them as…
Nigeria and Japan Launch Youth-Centric Venture Fund to Boost Innovation
In a move to support youth entrepreneurship, Nigeria and Japan have launched a venture capital fund aimed at stimulating high-growth…
MRS Oil Nigeria Forecasts N2.93bn Q2 Profit Amid Delisting Plans from NGX
MRS Oil Nigeria Plc has projected a profit after tax of N2.93 billion for Q2 2025, according to its financial…
Trump Imposes 14% Tariff on Nigeria, Reworking Global Trade Dynamics
In a significant shift in U.S. trade policy, President Donald Trump announced a new tariff regime that includes a 14%…
OpenAI Secures $40 Billion Funding to Propel AGI Research and Stargate Initiative
OpenAI has raised $40 billion in a new funding round aimed at accelerating its pursuit of Artificial General Intelligence (AGI).…
Ghana’s Inflation Rate Slows to 22.4% in March 2025
Ghana’s inflation rate showed signs of moderation in March 2025, easing to 22.4% from 23.1% in February. This marks a…
IMF Begins Fourth Review Mission in Ghana Amid Economic Reforms
The International Monetary Fund (IMF) has launched its fourth review mission in Ghana under the country’s Extended Credit Facility (ECF)…
Bearish Start to Q2 as Nigerian Stock Market Loses N90bn
The Nigerian stock market began the second quarter of 2025 on a negative note, with the All-Share Index falling by…
CBN refutes new N5,000, N10,000 banknotes report
The Central Bank of Nigeria (CBN) has dismissed a report circulating online that it had introduced new N5,000 and N10,000…