Author: sirrichie_2i8r8t
Veteran Nigerian actress Ini Edo has gone into detail about her struggles with fertility, which eventually spurred her decision to have a daughter via a surrogate. Edo got candid about her struggles on the recent episode of the Young Famous & African reality TV show, revealing that she had always wanted children. I got married at the age of 26 because I thought that at 31, I’d have been done with childbearing and I’d have returned and faced my career. I’ve tried, and I’ve had like 6 miscarriages, I don’t like getting into it. It wasn’t a fancy way out for me, I…
For the third consecutive time, the government has exceeded its Treasury bill (T-bill) target, surpassing it by GHS 2.5 billion. The latest auction results from the Bank of Ghana reveal that while the government aimed to raise GHS 6.3 billion, it received bids totaling GHS 8.8 billion. This led to an oversubscription of 39.14 percent in the money market. Investor interest was particularly strong for the 91-day Treasury bill, which attracted GHS 5.64 billion in bids out of the GHS 5.68 billion tendered. The 182-day bill followed closely, drawing in GHS 1.30 billion in bids from a total of GHS…
Ghana has been highlighted as one of the African countries with a majority of its external debt denominated in US dollars. This is according to the 2024 United Nations report on Unpacking Africa’s Debt. The report reveals that over 80% of Ghana’s external debt is in dollars, leaving the country vulnerable to exchange rate volatility. “Over half of Africa’s external debt is in US dollars, and countries like Angola, Ethiopia, Ghana, Nigeria, South Africa, and Zambia are more vulnerable to currency fluctuations, as more than 80% of their external debt is in US dollars,” the report emphasises. The report also indicates…
Global growth is expected to remain stable, albeit lackluster in 2025, according to the January 2025 World Economic Outlook Update by the International Monetary Fund. At 3.3%in both 2025 and 2026, the forecasts for growth are below the historical (2000–19) average of 3.7% and broadly unchanged from October. It said the overall picture, however, hides divergent paths across economies and a precarious global growth profile. Among advanced economies, growth forecast revisions go in different directions. USA In the United States of America, the Fund said underlying demand remains robust, reflecting strong wealth effects, a less restrictive monetary policy stance, and…
The government recorded anther impressive 39% oversubscription of treasury bills sale as demand for the short-term instruments grew. This however came at the expense of mounting interest rates which will increase interest payments. According to auction results by the Bank of Ghana, the government got GH¢8.890 billion from the total bids tendered by the investors largely banks but accepted GH¢8.839 billion. The target for the auction was GH¢6.353 billion. About GH¢5.6 billion came from the 91-day bill, representing 63.9% of the total bids. The government however accepted GH¢5.648 billion of the bids. For the 182-day bill, GH¢1.318 billion were tendered.…
Singer Timaya has declared Rema as the leader of the new generation of Nigerian musicians. In a recent interview with Cool FM, the ‘Dem Mama’ crooner expressed his admiration for Rema, describing him as an “intentional” musician. Timaya said Rema’s fashion sense and musical style made him stand out among his peers. “I’m a fan of Rema. Among all the young boys [new generational musicians], he’s at the top. Rema is their dad. You don’t know?See his abss, his dress sense, crazy! “He’s intentional; his music, his stage performance are amazing. And he’s a find young boy,” the singer said.…
Pope Francis has said that Donald Trump’s plans to deport illegal migrants from the US would be a “disgrace” if they materialised. Speaking to an Italian TV programme from his Vatican residence, Francis said that if the plans went ahead, Trump would make “poor wretches that don’t have anything foot the bill”. “That’s not right. That’s not how you solve problems,” he said. Trump has promised to begin the largest expulsion of undocumented immigrants in US history soon after he takes office. In a message to Trump shared on Monday, Pope Francis offered him “cordial greetings” and urged him to lead…
Joe Biden has pre-emptively pardoned Covid response chief Anthony Fauci and the members of the 6 January riot investigation to prevent what he called “unjustified… politically motivated prosecutions”. The outgoing US president said: “Our nation owes these public servants a debt of gratitude for their tireless commitment.” Trump, who will be inaugurated on Monday, regularly clashed with Dr Fauci during the pandemic and has suggested he would take action against those who tried to hold him accountable for the 6 January Capitol riot. Biden also issued a pre-emptive pardon to Mark Milley, a former chairman of the Join Chiefs of…
South Africa’s police have launched a manhunt for an alleged “kingpin”, who is accused of controlling operations at an abandoned gold mine where 78 corpses were discovered last week. The police force said officials had helped James Neo Tshoaeli, a Lesotho national also known as Tiger, to escape after he was pulled up from the mine in Stilfontein. More than 240 illegal miners were brought up alive from the mine after it had been blockaded for months by the police. Officers had cut off food and water supplies in an attempt to force them out of the mine. Some of…
China has executed a man found guilty of killing at least 35 people in a car attack in November, in what is thought to be the deadliest attack in the country for a decade. Fan Weiqiu, 62, injured dozens more when he drove his car into people exercising outside a stadium in the southern city of Zhuhai. State media said a second man was executed for a separate attack that came days later. Xu Jiajin, 21, killed eight people in a stabbing spree at his university in the eastern city of Wuxi. Authorities said Fan was driven by “dissatisfaction” over how his property had…
