Nigeria’s Naira ranked worst-performing currency globally
By: Jeremiah Nutsugah According to a Bloomberg report on Friday, June 28, the Nigerian Naira has been identified as the worst-performing currency globally in the first half of 2024. As reported by Bloomberg, data from FMDQ showed that the Naira weakened for the ninth consecutive day, reaching ₦1,510 per dollar by Thursday, June 27. The […]
Ghana ranked 2nd in the world by Bloomberg with highest debt default risk
Ghana has been ranked 2nd in the world by Bloomberg with the highest debt default risk. The debt to GDP, is estimated at 84.6% by the end of this year. This indicates that the nation’s debt will surpass ¢400 billion. Together with Brazil, Ghana’s interest expense to GDP is projected to hit seven-point-two percent in […]
