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Yemisi Lanre-Idowu

Naira Reaches New High Of N1,401.22/$ Following EFEMS Rollout

The naira strengthened significantly on Tuesday, closing at a record N1,401.22 per dollar at the official foreign exchange market, its strongest performance since the...

Global Markets Slide As Gold And Silver Surge After Trump’s New Tariff Warning

European stock markets declined on Monday, while gold and silver climbed to record levels, following fresh tariff threats from US President Donald Trump tied...

IMF Boosts Global Growth Outlook But Warns Of Tariff Tensions And AI Market Risks

The International Monetary Fund (IMF) has raised its global growth forecast, projecting faster economic expansion this year while cautioning that rising trade barriers and...
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Unleashing Africa’s Creative Economy Potential

Africa’s cultural and technological revolution is accelerating, and with it comes the need for strong language infrastructure and systems-level thinking. The African Union’s unification...

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Guinea Moves To Become West Africa’s Gold Refining Hub With New Export Ban

Guinea is stepping up efforts to become a leading gold refining hub in West Africa as it seeks to process more of its precious metals locally instead of exporting raw gold abroad. Mines Minister Bouna Sylla said the country has built one of Africa’s largest gold refineries, with...

IMF Says Malawi Loan Programme Depends On Government’s Reform Commitment

The International Monetary Fund (IMF) says it is prepared to move quickly on a new credit programme for Malawi but has stressed that any financial support will depend on the government’s commitment to implementing key economic reforms. IMF Resident Representative Nelnan Koumtingue said discussions with Malawian authorities are...

FCCPC Warns Fuel Marketers Against Exploiting As Global Oil Prices Fall

The Federal Competition and Consumer Protection Commission (FCCPC) has warned operators in Nigeria’s downstream petroleum sector against exploiting consumers by failing to reflect the significant decline in global crude oil prices in retail fuel prices. As of the time of filing this report, global benchmark Brent crude was...