Ghana’s Central Bank Suspends FX Licenses of GT Bank and First Bank
Ghana’s Central Bank, in its latest move to regulate the foreign exchange market, has suspended the foreign exchange licenses of ...
Tag: #Ghana
Ghana’s Central Bank Initiates Historic Interest Rate Cut to 29%
The Monetary Policy Committee of the Bank of Ghana has announced a substantial 100 basis points reduction in Ghana's benchmark ...
The Redenomination Rumor: Analyzing Nigeria’s Naira Stability
In the world of financial markets, it is imperative to rely on substantiated and official information when assessing economic developments. ...
Jumia Reports 28.1% Decline in Customer Base in Nigeria Due to Inflation Woes
Jumia, has unveiled its Q2 2023 financial results, revealing a substantial 28.1% reduction in its customer base as the impact ...
Nigerian Stock Exchange Not Among Africa’s Top Performers, Despite Recent Growth.
Despite witnessing a roaring and exceptional performance in recent months, with Bola Tinubu's emergence as Nigeria's President, the Nigerian Exchange ...
ECOWAS Bank Signs $30M Credit Line with Access Bank in Ghana
ECOWAS Bank for Investment and Development (EBID) has entered into a credit line agreement worth $30 million with Access Bank ...
M-Kopa Raises $255 Million in Funding to Expand Financial Inclusion in Sub-Saharan Africa.
African financing platform M-Kopa has secured a significant amount of funding to support its expansion efforts in Sub-Saharan Africa. M-Kopa ...
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