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Fitch Downgrades Ghana as Accra Lost Access to Eurobond Market Accra: Following a stretched borrowing capacity, Fitch Ratings has downgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from…
Oil Prices Retreat After Gaining 10% in January Oil prices eased on Thursday, pausing a rally that pushed prices up 10% since the beginning of the year. The crude oil…
Google Buys London Office for $1 Billion Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future…
Cryptocurrencies Track Lower, Dogecoin Rises as Elon Musk Tweets Almost all large 20 cryptocurrencies turned lower as the S&P 500 and Nasdaq Composite indices were headed to end a two-…
Energy Transition Central to Africa’s Economic Future – Report An integrated policy framework built around the energy transition could bring a wave of new sustainable energy investment to Africa, growing…
DMO Announces Borrowing Plan for First 3-Month Towards the implementation of the Federal Government of Nigeria (FGN) funding demand to close the budget gap, Debt Management Office (DMO) has announced…
AIICO, GTCO, TRANSCORP Driving Intraday Loss on NGX The Nigerian Exchange (NGX) is tracking lower, according to intraday trading data, driven by selling rallies on AIICO Insurance shares, GTCO and…
MeCure Lists Commercial Papers Series on FMDQ Exchange FMDQ Securities Exchange has approved for quotation, the MeCure Industries Limited ₦0.49 billion Series 1 and ₦1.44 billion Series 2 Commercial Papers…
NGX Dips N81 bln on Weekend Selloffs, BUA Foods Trades Heavy The Nigerian Exchange (NGX) dips as the local bourse ends the second week in the year on a negative…
Yields Mixed as Market Sees Higher Demand for FGN Bond The average yield on Treasury bills remained steady but there was increased demand for bonds, causing prices to jump while…