cbwa

Local investors in Ghana are supporting the governments borrowing stance as this weeks treasury bills auction was oversubscribed by 172 million cedis, despite increasing interest rates. 

Investors defy rising interest rates in Ghana's T-bills

With Nigeria's second-quarter economic growth at 2.5 per cent, the countries president Bola Tinubu has Instructed cabinet ministers to roll out actions aimed at the revival of the economy. 

How Nigeria's policies can spur growth

The Center for the Promotion of Private Enterprise says the year-on-year slowdown in the second quarter GDP performance reflects the adverse impact of reforms which were disproportionately higher than expected.

CPPE: Q2’23 economic slowdown due to shocks from reforms

Tedd George, Chief Narrative Officer at Kleos Advisory joins CNBC Africa for more on the outlook on production and pricing dynamics.

Tight supply drives cocoa prices higher

The Securities and Exchange Commission is backing the Nigerian Exchange’s proposed plan to have dollar asset listings on the nation’s bourse, highlighting the move presents an opportunity for inflows into the economy.

SEC backs NGX dollar asset listings plan

Nigeria's economy grew by 2.5 per cent in the second quarter of 2023 from the 2.3 per cent recorded in the first quarter of this year and lower than the 3.5 per cent recorded in the second quarter of 2022.

Nigeria's economy grows 2.5% in Q2'23

Investors await the release of half year earnings of Zenith Bank, United Bank for Africa, Stanbic IBTC as more filings of delays come in.

Investors await H1’earnings of tier 1 banks

The Central Bank of Nigeria has faulted JP Morgan’s $3.7 billion net Fx reserves estimate for Nigeria insisting reserves stand at about $37.8 billion.

CBN faults JP Morgan’s $3.7bn FX reserves estimate

Ghana's Deputy Finance Minister, John Kumah, says the payment of the first coupons under the Domestic Debt Exchange Programme is a testament to the government's commitments to the success of the programme.

How Ghana can sustain commitment to Domestic Debt Exchange Programme?

The Lagos Chamber of Commerce and Industry says the Nigerian government must focus more on asset-based and equity offerings to improve revenue.

LCCI: Nigeria needs all-encompassing economic & fiscal plan

Ghana’s Ministry of Finance says the Government is set to pay the first matured coupons of bonds issued under the Domestic Debt Exchange Programme with a payment of about 2.4 billion Ghana cedis by the close of today.

DDEP: Ghana bondholders to receive Gh₵2.4bn payment today

Festus Keyamo has been sworn-in as Nigeria’s Minister of Aviation and Aersospace Development at today’s inauguration ceremony.

CBWA