BoG’s ¢15.63bn operating loss – Cost of economic stabilisation or policy strain?
Central Bank losses during periods of tight monetary policy are not unusual and the scale of it highlights the true
Economy
Export revenue in Ethiopia is expected to rise sharply from $3 billion to $10 billion
Ethiopia is on course to generate about $10 billion in export earnings by the end of the current fiscal year,
Egypt increases industrial gas prices as energy pressures and IMF reforms intensify
Egypt has moved to raise natural gas prices for key industrial users, reflecting an ongoing effort to scale back subsidies
Nigeria anticipates ₦6.8 trillion more in oil revenue, but fuel costs remain high
Rising instability in global energy markets, largely linked to the Israel–Iran conflict, is set to boost Nigeria’s oil earnings, with
Gov’t sets up interim team to manage Adamus mine
The Minister of Lands and Natural Resources, Emmanuel Armah Kofi-Buah, has announced that a ministerial committee will review a petition
DR Congo president orders audit of cobalt and copper export revenues
The president of the Democratic Republic of Congo Felix Tshisekedi has ordered a comprehensive 30-day audit of the country’s mining
Nigeria hikes ATM fees but eliminates select bank charges to boost digital transactions.
Nigeria’s central bank is planning a major overhaul of banking fees that will raise the cost of ATM cards while
Cocoa farmers warn bumper harvest threatened by payment delays
Cocoa farmers in Ghana say payment delays of up to six months are preventing them from harvesting a rain-boosted mid-crop,
Bawumia meets EU ambassadors to deepen economic, security ties
The New Patriotic Party (NPP) flagbearer and former Vice President, Dr Mahamudu Bawumia, has held a high-level breakfast meeting with
Algeria opens new oil and gas bids as Middle East war strains markets
Algeria on Sunday launched a fresh call for international bids for hydrocarbon concessions, seeking to boost energy investment as global