nigeria

Central Securities Clearing System has seen an 18.5 per cent rise in its profit after tax to 11.9 billion naira in the 2024 financial year as revenue surged by 37 per cent to 26.1-billion-naira.

CSCS profit after tax up 18.5% to ₦11.9bn in FY'24

Investors have seen their bids for short term instruments rejected by the Bank of Ghana as appetite for short-dated Treasury Bills reflect confidence in the market with interest rates falling to 15 per cent. 

Investors sustain interest in short-dated Ghana T-bills

The Director General of the Manufacturing Association of Nigeria, Segun Ajayi- Kadir says the Association is in talks with the Minister of Industry, Trade and Investment on possible negotiations with the United States amid the ongoing tariff wars.

Ajayi-Kadir: MAN, Trade Ministry talks focused on possible negotiations with U.S.

The Managing Director of the International Monetary Fund, Kristalina Georgieva says rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the International Monetary Fund's economic forecasts.

Will global trade slump to Covid pandemic level?

Nigeria says it plans to create a national petroleum products stockpile as a strategy to address challenges from disruptions in the international market. 

Nigeria plans petroleum products’ stockpile

Ghana plans to raise 6.6 billion cedis in today's treasury bills auction as it looks to refinance the 6.4 billion cedis maturing bills. 

Ghana to auction gh¢6.61bn T-bills today

Plans are underway to offset the 4 trillion-naira debt owed Power Generation Companies in Nigeria. 

Will Nigeria clear ₦4trn debt owed power generation companies?

The Managing Director of Falémé Conseil, Malado Kaba says data is important to track progress of gender equality in Africa. 

Kaba: Data important to track gender equality progress & policy action 

Nigeria’s food inflation fell to 21.79 per cent on a year-on-year basis in March. 

Analysing strategies to address Nigeria’s food inflation

The UN Trade and Development says reciprocal tariffs risk devastating developing and least developed economies, without significantly reducing US trade deficits or increasing revenue collection. 

UNCTAD: World economy on a recessionary trajectory

The 14 per cent tariff imposed on Nigerian exports to the United States would result in a loss of about 2 trillion naira in agricultural exports. That’s according to the Manufacturers Association of Nigeria. 

U.S. Tariffs: Can Nigeria mitigate impact on agric exports?

Consumers have become more price-sensitive, paving the way for indigenous brands that are less susceptible to exchange rate fluctuations. 

NIGERIA