The World Bank has approved a $250 million International Development Association (IDA) credit to support Ghana’s five-year Financial Stability Project. This initiative is designed to enhance…
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African leaders are calling for urgent reforms to the global financial system, which they argue unfairly penalizes African nations with exorbitant borrowing rates. This demand was…
President Bola Tinubu is set to present the 2024 Supplementary Budget to the National Assembly (NASS) soon. Addressing a joint sitting of the National Assembly on…
Dr. Mohammed Amin Adam, the Finance Minister, has reassured Ghanaians that the current depreciation of the cedi will stabilize in the medium to long term. He…
The Bank of Ghana (BoG) has decided to keep the policy rate steady at 29 percent, reflecting its continued efforts to stabilize the economy amidst persistent…
Pixar, the renowned animation studio owned by Disney, is downsizing its workforce by approximately 14 percent, marking a strategic shift away from streaming content production. The…
IMF Urges Caution as Bank of England Mulls Interest Rate Cuts The International Monetary Fund (IMF) issued a warning to the Bank of England (BoE) on…
Amid Nigeria’s rising public debt, the country surprisingly does not rank among the top debtors to the International Monetary Fund (IMF), according to recent data from…
The Federal High Court in Lagos recently ruled on a matter concerning a regulation by the Central Bank of Nigeria (CBN) requiring financial institutions to collect…
The Institute for Energy Security (IES) has projected a slight dip in fuel prices nationwide, effective May 16, 2024, following a decline in global prices of…