Oil prices fall as G7 agrees to release 100 million barrels of reserves
Oil prices fell sharply on Friday after G7 members announced a coordinated release of strategic oil reserves through the International
Economy
CBN mops up N17.5 trillion through OMO in September, injects N10.9 trillion
The Central Bank of Nigeria (CBN) sold approximately N17.51 trillion in Open Market Operations (OMO) bills in September 2026, while
BoG reviews non-interest banking license applications for two banks
The Bank of Ghana (BoG), banking sector regulator, is currently reviewing the license applications for non-interest banking operations of two
Banks yet to lower lending rates nearly a week after CBN’s MPR cut
Nigerian banks have yet to reduce lending rates nearly a week after the Central Bank of Nigeria (CBN) cut the
Ghana opens 2026/27 Cocoa Season with producer price of Ghc 42,400 per tonne
Ghana has opened the 2026/27 Cocoa season with an increase in the producer price of cocoa from GH¢41,392 to GH¢42,400
COCOBOD sets up Cocoa Capital PLC to raise GH¢16.3bn for cocoa sector
The Ghana Cocoa Board (COCOBOD) has established a special-purpose financing vehicle, Cocoa Capital PLC, to support and supervise a planned
Ghana’s export earnings hit record $22.4bn as gold prices drive growth
Ghana’s total export earnings have risen further to a record US$22.4 billion as of August 2026, driven largely by higher
Uganda’s export earnings up 10.2% y/y in July
Uganda’s export earnings rose 10.2% from a year earlier in July, helped by higher shipments of commodities including gold, cocoa
South African rand steady as investors brace for inflation data, rate decision
The South African rand was steady in early trade on Monday as investors awaited this week’s inflation data and the
Cash outside banks rises to N4.87 trillion in August after three-month decline
Cash held outside Nigeria’s banking system rose to N4.87 trillion in August 2026, reversing three consecutive months of decline. This