Ghana nears completion of external debt restructuring
Ghana has completed the final stage of its external debt restructuring programme with the successful exchange of outstanding SADEREA Notes, the Ministry of Finance has announced.
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Nigeria solid minerals exports hit N354bn
By Gabriel Ewepu Nigeria’s solid minerals exports have sustained uptrend rising to N354 billion in 2025, up by 2018 percent from N117.29 billion recorded in 2023. The figure for nine months 2024 was N199.6 billion with full year estimated to be over N266 billion. Similarly, revenue generated for the Federation Account climbed to over N70 billion, […]
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Bank of Ghana revokes the license of Zeepay
The Bank of Ghana has revoked the Dedicated Electronic Money Issuer (DEMI) license of Zeepay Ghana Limited, in pursuant to Section 13 of the Payment Systems and Services Act, 2019 (Act 987).
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Dangote Cement pushes Africa’s net-zero cement agenda at global summit
By Yinka Kolawole Dangote Cement Plc has reaffirmed its commitment to driving low-carbon cement production, with Group Managing Director, Arvind Pathak, urging African producers to accelerate decarbonisation while expanding capacity to meet the continent’s growing infrastructure demand. Pathak made the call after participating in the Global Cement and Concrete Association (GCCA) CEO Strategic Dialogue in Madrid, […]
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S&P Dow Jones places Nigeria on 2027 Frontier Market Watchlist
By Peter Egwuatu & Yinka Kolawole Nigeria’s capital market has received a significant boost after S&P Dow Jones Indices (S&P DJI) placed the country on its 2027 Country Classification Watchlist for potential reclassification from a Standalone Market to a Frontier Market, citing improvements in the country’s regulatory environment and market integrity. This is even as Bloomberg ranked […]
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Economy exits contraction but households remain pessimistic — CBN
•As PMI rebounds to 50.1pts •Business confidence moderates to 7.2pts •Households shun houses, cars, investments •Food remains top spending priority By Babajide Komolafe Nigeria’s economy exited contraction in June as the Purchasing Managers’ Index, PMI, rebounded to 50.1 points from 49.6 points in May, driven by sustained expansion in the agriculture sector despite continued weakness […]
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