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On Monday, Atlantic Lithium listed on the Ghana Stock Exchange offering just over 649.6 million shares in a secondary listing. 

GSE CEO speaks on 2024 listings & commercial paper market 

The Ghana cedi continues to lose more ground against the U.S. dollar with analysts estimating the local currency has lost about 14 per cent of its value so far this year. 

Can cedi breakaway from weakening cycle?

The Ghana Stock Exchange has floated a commercial paper market, in a bid to push the financial markets into new territory? The CP market will facilitate trading of short-term debt. 

Can commercial paper market unlock Ghana's potential?

Data by the Organization of the Petroleum Exporting Countries shows that Nigeria’s crude oil production rose by 51 thousand barrels to 1.28 million barrels in the month of April. 

Nigeria’s crude output up 51,000bpd to 1.28mbpd in April

The Chairman of the Association of Licensed Telecommunications Operators of Nigeria, Gbenga Adebayo, says the call for a tariff review should be a simple regulatory process. 

ALTON: Telcos price review should be a simple regulatory process

Members of the Nigeria Labour Congress and Trade Union Congress have shut down Ikeja electric and Ibadan Disco in today’s picketing exercise over the recent power tariff hike for Band A customers. 

Nigeria labour unions picket DISCOs, NERC over electricity tariff hike

Organised labour in Nigeria picketed the offices of the Nigerian Electricity Regulatory Commission and distribution companies across the country over the hike in electricity tariff for Band A consumers. 

Nigeria labour unions call for band a tariff reversal

Ecobank Transnational Incorporated's net revenue exceeded the $2 billion mark for the first time since 2015, increasing by 11 per cent year-on-year to $2.1 billion in 2023 for the pan-African lender. 

Ecobank Group revenue up 11% y/y to $2bn in FY’23

Folashade Ambrose-Medebem, Lagos State Commissioner of Commerce, Cooperatives, Trade and Investment says Lagos is the new frontier and the feedback from engagements with trade missions and businesses at the just concluded U.S.-Africa Business Summit.

Ambrose-Medebem: Lagos is the new frontier

International Oil Companies operating in Nigeria can repatriate 50 per cent of their export proceeds immediately or when required, while the remaining 50 per cent can be used to settle financial obligations in Nigeria. 

Understanding Nigeria’s review on IOCs export proceeds repatriation

Reta Jo Lewis, the President of the Export Import Bank of the United States says the three signings with Angola which includes a $907 million renewable facility to build 2 solar facilities.

Lewis: Angola transactions reflect commitment to Africa

Jumia has posted a 19 per cent uptick in its revenue, hitting $48.9 million in the first quarter of this year driven by improvements in Gross Merchandise Value and orders. 

CBWA