News
Nigerian Stock Market Suffers N304 Billion Loss as Investors Shift to Fixed Income
This week commenced with Nigerian equities experiencing a notable downturn, as investors shifted their focus towards fixed income securities to capitalize on gains, ...
News
Nigeria: Finance Minister Edun Commends SecureID for Advancing Nigeria’s Digital Transformation
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, recently commended SecureID Limited, a leader in smartcard manufacturing, for ...
Ghana
Ghana: Bank of Ghana Set for Early Recapitalization, MoU with Finance Ministry Pending – Dr. Addison
Dr. Ernest Addison, Governor of the Bank of Ghana, has announced forthcoming plans for the early recapitalization of the central bank following comprehensive ...
News
Nigeria: Broadband Coverage in Nigeria Dips, Highlighting a $461 Million Investment Shortfall
As of January, Nigeria’s broadband penetration rate has decreased to 42.53%, with active subscriptions reaching 92.19 million, which highlights a significant shortfall given ...
News
Nigerian Bond Yields Drop as Market Anticipates Upcoming DMO Auction
The average yield on Nigerian Government bonds has seen a slight decline to 19.3% in the secondary market, driven by a surge in ...
Global
Global: IMF Report Reveals $12 Billion Lost by Financial Institutions to Cyberattacks in Two Decades
The International Monetary Fund (IMF) has reported that financial institutions globally have suffered losses totaling $12 billion due to cyberattacks over the past ...
Kenya
Kenya: Mastercard and Equity Bank Forge Alliance to Boost Cross-Border Payments in Kenya
Mastercard, a leading global payments company, has entered into a strategic partnership with Equity Bank, a top financial services provider based in Nairobi. ...
Global
Global: Pakistan Repays $1 Billion in Eurobonds, Confirms Central Bank
Pakistan’s central bank announced on Saturday the successful repayment of $1 billion in Eurobonds, marking a scheduled payment ahead of the country’s pursuit ...
Ghana
Ghana: BoG Governor Praises IMF Partnership Amid Economic Improvements in Ghana
Dr. Ernest Addison, Governor of the Bank of Ghana, has articulated a positive outlook for Ghana’s economic future, bolstered by ongoing cooperation with ...
Ghana
Ghana: Stability in Ghana’s Foreign Exchange Reserves Amid Economic Policies, Says BoG Governor
Ghana’s foreign exchange reserves have shown resilience and growth, supported by an improving current account balance, as per Dr. Ernest Addison, Governor of ...