Namibia may tap its trillion dollar oil & gas windfall… Mercy Aboagye Mar 22, 2024 0 With Namibia’s oil and natural gas exploration program delivering windfall results, the pressure to use this…
Battered Zimbabwe currency falls past 20,000 per dollar in… Mercy Aboagye Mar 22, 2024 0 In less than two months, the Zimbabwean dollar has breached another significant threshold, dropping below 20,000…
Africa seems to be embracing the Russian currency at the… Mercy Aboagye Mar 12, 2024 0 Using currencies outside of the dollar for international trade is fast catching on. Russia, and organizations…
Naira loses 69% of its value against dollar since FX reforms Mercy Aboagye Feb 20, 2024 0 The naira has depreciated against the US dollar by 69.47 percent under the current administration led by President…
NDC dismayed by $12 million dollar expenditure on botched… Mercy Aboagye Feb 19, 2024 0 The National Democratic Congress has accused the Akufo-Addo/Bawumia government of “causing financial loss” to the…
Nigeria hikes rate on short-term bills to lure dollar… Mercy Aboagye Feb 8, 2024 0 Nigeria’s central bank hiked the interest rates on short term debt obligations on Wednesday in a bid to mop up…
Gold rush in Dollar Power: Govt seeks investors for… Mercy Aboagye Feb 2, 2024 0 The Minister for Lands and Natural Resources, Mr Samuel A. Jinapor, has called on investors to partner with the…
Trade Expert predicts cedi stability; calls for prudent… Mercy Aboagye Jan 11, 2024 0 With the misfortunes of the early 2020s finding their way into 2023, it is not uncommon for people to predict…
The Bank of Ghana’s Q3 2023 Economic Bulletin provides a… Mercy Aboagye Dec 18, 2023 0 Total volume of forex purchases at the end of Q3 2023 per the Bank of Ghana’s Quarterly Economic Bulletin for Q3…
Nigeria’s naira slumps 23% to record low amid dollar… Mercy Aboagye Dec 11, 2023 0 The Nigerian naira plunged to its lowest point on record in official trading as a shortage of US dollars persisted…
Fitch Rating upgrade expected to boost cedi’s stability… Mercy Aboagye Nov 7, 2023 0 The cedi is poised to maintain its stability vis-à-vis the US dollar in the immediate future, a prospect that has…