Bureaus sell $1 at GH¢14.15, GH¢13.18 on BoG interbank as of… Mercy Aboagye Apr 26, 2024 0 The Interbank forex rates from the Bank of Ghana today, April 26, 2024, have shown that the Ghana Cedi is trading…
Dangote cuts Nigeria fuel prices for third time since March Mercy Aboagye Apr 23, 2024 0 Nigeria’s new mega refinery said it’s cutting the prices of diesel and aviation fuel in the domestic market, the…
MTN says profit to drop as much as 90% due to naira decline Mercy Aboagye Mar 1, 2024 0 MTN Group Ltd., Africa’s biggest wireless service provider by revenue, said full-year profit probably plunged as…
Nigeria clamps down on forex traders amid persistent naira… Mercy Aboagye Feb 23, 2024 0 Nigeria rounded up foreign currency street traders and took aim at a popular crypto trading platform in its latest…
The economic illiteracy at the heart of ‘Tinubunomics’ Mercy Aboagye Feb 20, 2024 0 Bola Tinubu, Nigeria’s self-regarding president, says he deserves an entry in the Guiness Book of World Records…
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…
Manufacturers’ exports jump 77% on weaker naira Mercy Aboagye Feb 8, 2024 0 Three major manufacturers in the consumer goods industry have seen their export sales almost double within a year…
Nigeria orders banks to cut forex exposures as naira plunges Mercy Aboagye Feb 1, 2024 0 The Central Bank of Nigeria ordered banks to limit their foreign exchange exposure to curb risks to the financial…
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…
Nigeria’s trade surplus hits 5-yr high on weaker naira Mercy Aboagye Dec 5, 2023 0 Nigeria’s trade surplus surged to the highest in five years and three months in the third quarter of this year…
52 taxes, unresolved N200bn USSD debt squeeze telcos Mercy Aboagye Nov 20, 2023 0 The number of taxes and levies telecom operators in Nigeria are forced to pay to federal, state and local…