Markets

Fitch affirms Ecobank at ‘B-‘ with stable outlook Credit rating agency, Fitch Ratings, has affirmed the Long Term Issuer Default Rating (IDR) of Ecobank Nigeria...

Five sectors in Nigeria that could be impacted by higher energy prices Energy price increases across the globe continue to present challenges for businesses and...

Gov’t auctions 364 day T-Bill at 27% interest rate; exceeds auction target by GHS 129m Government, through the Finance Ministry, secured a total of GHS...

Exxon calls for higher carbon pricing ExxonMobil would like to see the tax credit for carbon capture and storage increased to $100 per ton from...

Germany takes step closer to gas rationing Germany has taken a step closer to gas rationing after a drop in supplies from Russia. The country...

NSE is Africa’s third worst performing stock market The Nairobi bourse is the third worst-performing major stock market in Africa since January, hit by foreign investor...

Duncan Amoah calls for a return to fuel price regulation after ‘failed’ price deregulation Executive Director for the Chamber of Petroleum Consumers (COPEC), Duncan Amoah,...

Change Price Stabilisation Recovery Levy into a Fund for downstream sector – Petrosol CEO says Chief Executive Officer (CEO) of Oil Marketing Company (OMC) Petrosol,...

BoG raises GHS 270m at 19% interest rate The Bank of Ghana (BoG), through the issuance of a 14-day BoG bill on Wednesday, June 22, 2022,...

Dollar stumbles as markets rethink interest rate path The US dollar slipped on Friday and headed for its first weekly decline of June as traders dialled down...