Browsing Category
Economy
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…
IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu…
The International Monetary Fund (IMF) has praised the reforms implemented by Nigeria’s Bola Ahmed Tinubu-led…
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…
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…
Bank of Ghana Suspends Gold-for-Oil Programme Amid Policy Challenges
The Bank of Ghana (BoG) has decided to suspend its Gold-for-Oil program due to operational and policy challenges…
Nigeria Customs Service Enhances Trade Efficiency with Full Bank Integration and…
The Nigeria Customs Service (NCS) has announced the full integration of all commercial banks for Form ‘M’…
Selling Price Inflation Eases in Nigeria, Business Activity Accelerates in…
Nigeria's selling price inflation slowed to a seven-month low in February, according to the latest Stanbic IBTC…
CBN Strengthens Nigeria’s Financial System with Strategic Policy…
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, is recalibrating its monetary…
Nigeria’s Key Economic Sectors Stagnant, Urgent Reforms Needed for Growth –…
Nigeria’s economy has been facing significant challenges, with key sectors that are crucial for its economic…
Nigeria’s Real Estate Sector Becomes the Third Largest Contributor to GDP
Nigeria's real estate sector has gained significant attention as it emerged as the third largest contributor to…
Rewane: CBN’s Intervention Policies Strengthen Naira Stability
Economist Bismarck Rewane, CEO of Financial Derivative Company, has praised the Central Bank of Nigeria’s (CBN)…
Vietnam to Raise 2025 GDP Growth Target to 8% Amid Global Trade Risks and U.S.…
Vietnam is set to revise its 2025 GDP growth target upwards, now aiming for at least 8% compared to the previous…
Nigeria, UAE Strengthen Aviation Ties with Amended Bilateral Air Service Agreement
Nigeria and the United Arab Emirates (UAE) have signed an amended Bilateral Air Service Agreement (BASA), aimed at…