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Economy
Asian Markets Dive as Trump’s Tariff War Deepens Global Economic Turmoil
Asian markets faced a sharp decline on Monday, deepening a global stock market rout spurred by the escalating…
Wall Street Faces Downward Pressure as Tariff Concerns Weigh on Markets
On April 2, 2025, U.S. stock markets experienced a significant downturn, with Wall Street's main indexes all…
Tinubu Sacks Kyari, Akinyelure, Appoints Bayo Ojulari As New GCEO Of NNPCL
In a significant shake-up, President Bola Tinubu has approved the reconstitution of the Nigerian National…
Nigeria’s External Debt Hits N66.14 Trillion in Q3 2024 Amid Growing Fiscal…
In the third quarter of 2024, Nigeria’s external debt reached N66.14 trillion (approximately $43.03 billion),…
Global Stocks Tumble as Tariff Fears and Recession Concerns Grow
World markets experienced sharp declines on Monday, with gold prices hitting a record high as global trade…
Asia Stocks Fall Amid Rising US Tariffs, Gold Hits Record High
Asian stock markets saw significant declines on Friday, driven by heavy selling in South Korea and Japan, as fears…
TotalEnergies Achieves GHS 286M Profit in 2024 and Contributes GHS 1.7B in Taxes…
TotalEnergies Marketing Ghana PLC reported a notable increase in profits for 2024, posting GHS 286.67 million in…
Nigeria and EU Discuss €1.3 Billion Investment, Economic Reforms to Boost Growth
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, met with the European Union (EU)…
Senate Investigates Rising Data Costs and Pushes for Mandatory Citizen…
The Nigerian Senate has directed its Committee on Communications to investigate the recent surge in data costs by…
Dangote Refinery Faces Backlash Over Dollar Sales, Expands Exports and Boosts…
Oil marketers in Nigeria, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria…
Ghana’s Government to Settle $1.1 Billion Debt to ENI Amid Energy Sector…
The government of Ghana is set to pay $1.1 billion in 2025 to ENI, an energy company, to settle outstanding debts…
U.S. Treasury Yields Rise as Hopes of Trade War Easing Boost Investor Confidence
U.S. Treasury yields increased on Monday, driven by growing optimism that President Donald Trump's stance on trade…
Nigerian Stock Market Faces Fourth Consecutive Week of Losses Amid Uncertainty
The Nigerian stock market continued its downward trend last week, marking its fourth consecutive week of losses.…
Sabotage of Trans-Niger Pipeline Threatens Nigeria’s Oil Production Recovery
Recent sabotage of Nigeria’s Trans-Niger Pipeline (TNP) has raised concerns over the country’s oil security just…
Rwanda’s Economy Expands 8.9% in 2024, Driven by Strong Agricultural and…
Rwanda’s economy experienced significant growth in 2024, expanding by 8.9%, surpassing the previous year’s 8.2%…
Bitcoin Surges Above $82K Amid FOMC Meeting Speculation
Bitcoin (BTC) has been holding steady above $82,000, with market participants eagerly awaiting the outcome of the…
Ghana Removes E-Levy and Betting Tax to Boost Financial Inclusion – Deputy Finance…
In a significant policy shift, the Ghanaian government has abolished the Electronic Levy (E-Levy), betting tax,…
One-Year T-Bills Yield Soars to 22.52% Amid Liquidity Challenges
In a surprising development, the Central Bank of Nigeria (CBN) sold its one-year Treasury bills at a yield of…
Ghana Faces GHS 55 Billion Financial Crisis at BoG, ECG, and COCOBOD – Ato Forson…
Finance Minister Dr. Cassiel Ato Forson has revealed that the Bank of Ghana (BoG) is facing a critical financial…
Tinubu’s Reforms Boost Nigeria’s Oil Sector with $17B Foreign…
In 2024, President Bola Tinubu’s oil and gas sector reforms attracted approximately $17 billion in foreign…
U.S. Treasury Yields Dip Ahead of Key Inflation Data and Trade Tensions
U.S. Treasury yields fell slightly on Wednesday as investors anxiously awaited the release of the latest consumer…
Foreign Trade in Nigeria Soars to N138 Trillion Amid Naira Devaluation
Nigeria’s foreign trade reached a major milestone in 2024, with total merchandise trade growing by a remarkable…
Nigeria’s Competitiveness Reaches 25-Year High Amidst Weak Naira
Nigeria’s economic competitiveness has surged to its highest level in 25 years, thanks to a significant…
FG Targets Wealth Creation with N1.5tn BOA Recapitalization
The Nigerian Federal Government has unveiled plans to inject N1.5 trillion into the Bank of Agriculture (BOA) as…
Over 8,000 telecom subscribers switched operators in Jan – NCC report
Mobile number portability in Nigeria saw a significant rise of 190% in January 2025, according to the Nigerian…
Five Nigerian Firms Project Combined Profit of N54bn in Q2 2025
Five companies listed on the Nigerian Exchange (NGX) are expected to record a total profit after tax of N54.77…
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…
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…
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…
China Faces Growing Economic Uncertainty Amid Trade Tensions and Domestic…
China’s economy is grappling with increasing uncertainty on the international front, as well as domestic…