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Tag: EXCHANGE RATE

Business / Companies / economics

Ghanaian Cedi Remains Stable Against US Dollar; Finance Minister Reports

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

The Ghanaian Cedi has remained stable against the US dollar since February 19, 2025, with a current exchange rate of GH¢15.53 per dollar. Finance Minister Dr. Cassiel Ato Forson reported …

Ghanaian Cedi Remains Stable Against US Dollar; Finance Minister Reports Read More
Business / economics

Projected Rise of the Dollar Quotations in Paraguay Amid Economic Tensions

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

The US dollar is projected to rise in Paraguay, potentially reaching ₲ 8,000 by mid-2025, due to international tensions and a weak soybean market, despite Central Bank efforts to stabilize …

Projected Rise of the Dollar Quotations in Paraguay Amid Economic Tensions Read More
Business / economics

Explosion at Trans Niger Pipeline in Rivers State Raises Concerns

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

An explosion occurred at the Trans Niger Pipeline in Bodo, Rivers State, amidst political disputes. The cause is unknown, but it raises concerns about Nigeria’s oil infrastructure. Investigations are underway, …

Explosion at Trans Niger Pipeline in Rivers State Raises Concerns Read More
Business / economics

Explosion Hits Nigeria’s Trans Niger Pipeline in Rivers State

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

An explosion occurred at the Trans Niger Pipeline in Rivers State, Nigeria, impacting the critical oil transport system. The cause is under investigation amid political tensions. The police confirmed the …

Explosion Hits Nigeria’s Trans Niger Pipeline in Rivers State Read More
Business / Companies / economics

Decline in Nigeria’s Car Imports Driven by Economic Challenges in 2024

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

Nigeria’s passenger car imports fell 14.2% in 2024 due to volatile exchange rates and soaring inflation. The naira depreciated by 40.9% against the dollar, and customs duties rose sharply, affecting …

Decline in Nigeria’s Car Imports Driven by Economic Challenges in 2024 Read More
economics

Botwana’s Minister Kenewendo Discusses Diamond Industry Trends and Future

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Bogolo Kenewendo, Botswana’s Minister of Minerals and Energy, discusses the recent contract with De Beers, consumer education on diamond origins, and plans to revitalize the diamond market. The interview highlights …

Botwana’s Minister Kenewendo Discusses Diamond Industry Trends and Future Read More
Business / Companies / economics

MTN Group Faces Profit Decline Amid Nigerian Naira Devaluation and Sudan Conflict

March 17, 2025March 17, 2025 - by Carmen Mendez - Leave a Comment

MTN Group’s profits plummet due to Nigerian naira devaluation and conflicts in Sudan, with HEPS dropping 69% YoY. Despite challenges, the CEO remains optimistic about recovery efforts in Nigeria and …

MTN Group Faces Profit Decline Amid Nigerian Naira Devaluation and Sudan Conflict Read More
Business / economics

Advocating for Investments in Ghana’s Agriculture Sector to Create Jobs

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

Dr. George Domfeh advocates for significant investment in Ghana’s agriculture sector to create jobs and reduce reliance on imports. He emphasizes that this initiative can strengthen the local currency, the …

Advocating for Investments in Ghana’s Agriculture Sector to Create Jobs Read More
Companies

Key Business Developments in Nigeria: March 17-21 2023

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

This article outlines significant business stories in Nigeria for the week of March 17-21. Key highlights include the approval of tax reform bills by the House of Representatives, the CBN’s …

Key Business Developments in Nigeria: March 17-21 2023 Read More
economics

Risk Expert Foresees Economic Growth in Nigeria Amid Global Challenges

March 17, 2025March 17, 2025 - by Marcus Chen - Leave a Comment

Mr. Olayinka Odutola of the AERMP predicts a declining inflation rate and economic growth for Nigeria by 2025. He attributes this to government reforms, which have positively impacted food prices …

Risk Expert Foresees Economic Growth in Nigeria Amid Global Challenges Read More

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