<< Back             Poser >> Investors channel most funds into 364-day government securities   Investors showed strong preference for the 364-day Treasury Bill at the latest government of Ghana securities auction, with bids reaching GH¢9.94 billion.   The one-year instrument accounted for nearly 70 per cent of the GH¢14.27 billion total bids submitted at the auction held on August 21, 2026.   The Bank of Ghana (BoG) auction results showed that the government accepted GH¢2.69 billion of the bids for the 364-day bill, the highest amount accepted among the three securities offered.   The 91-day Treasury Bill attracted bids of GH¢3.12 billion, of which GH¢2.40 billion was accepted, while the 182-day bill received GH¢1.20 billion in bids, with GH¢766.21 million accepted.   The auction, which covered the 91-day, 182-day and 364-day Treasury Bills, attracted total bids exceeding the government’s target of GH¢5.43 billion.   The weighted average interest rate for the 364-day bill stood at 11.59 per cent, compared with 7.08 per cent for the 182-day bill and 5.0795 per cent for the 91-day bill.   The results showed that investors committed the largest share of their bids to the longer-dated instrument, which offered the highest weighted average interest rate among the three tenors.   The Bank of Ghana has set a target of GH¢5.15 billion for the next Treasury Bills auction.   Source: GNA Ghana Business News	Nigeria-UAE trade surges 66.7% to $5bn in 1 year By Yinka Kolawole Bilateral trade between Nigeria and the United Arab Emirates (UAE) rose by 66.7 percent to about $5 billion in 2025 from $3 billion in 2024, highlighting growing economic ties between both countries as they move towards formalising a Comprehensive Economic Partnership Agreement (CEPA). The development was disclosed when the UAE Ambassador to […] Lagos gets 360MW boost as FG upgrades four substations By Obas Esiedesa & Mariam Eko The Federal Government (FG) has commissioned the upgraded transmission facilities in four major substations in Lagos, adding about 360 megawatts (MW) of transmission capacity to boost electricity supply across the state. The projects at Ijora, Apapa Road, Alausa and Lekki substations are expected to strengthen bulk power delivery to […] Galamsey is destroying Ghana’s cognitive future – One IQ point at a time When we discuss galamsey, attention usually centres on the poisoned rivers, devastated forests, ruined cocoa farms and enormous pits left across the landscape. Investors channel most funds into 364-day government securities   Investors showed strong preference for the 364-day Treasury Bill at the latest government of Ghana securities auction, with bids reaching GH¢9.94 billion. Nigeria’s oil output wobbles after 10yrs of increase in rigs There are indications that increased deployment of oil rigs in Nigeria has not translated into corresponding rise in crude oil production. Guinness declares N265bn revenue, PAT up 53% to N25.3bn By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]