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Foreign currency debt exposes states to exchange rate risks
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<img width="700" height="400" src="https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances.png" class="attachment-large size-large wp-post-image" alt="diaspora remittances" no_lazy="1" decoding="async" fetchpriority="high" srcset="https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances-300x171.png 300w, https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances-284x162.png 284w, https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances-254x145.png 254w, https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances-210x120.png 210w, https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances-100x57.png 100w, https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances-285x163.png 285w, https://cdn.businessday.ng/wp-content/uploads/2025/01/10-African-countries-benefiting-most-from-diaspora-remittances.png 700w" sizes="(max-width: 700px) 100vw, 700px" />Several Nigerian states remain exposed to exchange rate risks because a significant proportion of their public debt is denominated in
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| BusinessDay |
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SPECIAL REPORT: Beyond tuition, extra school charges deepen financial strain on Nigerian parents
From Abuja to Lagos, Kaduna, Katsina and Benue, parents described additional bills for graduation ceremonies, textbooks, costumes, feeding, extra lessons, photographs, parties and other activities.
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Bank of Ghana woos Asian investors with lower inflation, improved credit rating
The Bank of Ghana (BoG) has urged Asian investors to take advantage of Ghana’s easing inflation, improved debt sustainability and upgraded sovereign credit rating to explore investment opportunities in the country.
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Access Holdings’ nine-month profit dips 6% as cost of funds erodes earnings
Gross earnings rose by 2.3 per cent to N4 trillion for the financial services group, which also has operations in pensions, payments and insurance brokerage, and also operates in 24 countries, serving over 63 million customers.
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Ghana recovers over GH¢18b from audit recommendations within four years – Auditor-General
Dr Pamela Graham, the Auditor-General, says the country recovered over GH¢18 billion through the implementation of recommendations contained in audit reports from 2022 to date, as reflected in the Ministry of Finance's 2024 Consolidated Budget Annual Report.
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LifeTrac Tech, GRATIS Foundation unveil locally assembled tractor to boost farm mechanisation
LifeTrac Tech Limited and GRATIS Foundation have unveiled the LifeTrac 6G tractor prototype, a locally fabricated machine aimed at improving agricultural mechanisation and strengthening Ghana’s capacity to manufacture and maintain its own farm equipment. The tractor was launched at the GRATIS Foundation Technology Solution Centre in Tema, following a partnership between the two institutions to […]
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Ghana requires over 1,000 additional physical planners for effective development planning – Prof Mensah
Professor Lord Mensah, the Head of the Local Government Service (LGS) says inadequate personnel remain a major challenge confronting the Physical Planning Departments of the various Metropolitan, Municipal and District Assemblies (MMDAs).
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