<< Back             Poser >> Investors channel most funds into 364-day government securities   Business Investors showed strong preference for the 364-day Treasury Bill at the latest government of Ghana securities auction, with bids reaching GH¢9.94 billion.   The one-year instrument accounted for nearly 70 per cent of the GH¢14.27 billion total bids submitted at the auction held on August 21, 2026.   The Bank of Ghana (BoG) auction results showed that the government accepted GH¢2.69 billion of the bids for the 364-day bill, the highest amount accepted among the three securities offered.   The 91-day Treasury Bill attracted bids of GH¢3.12 billion, of which GH¢2.40 billion was accepted, while the 182-day bill received GH¢1.20 billion in bids, with GH¢766.21 million accepted.   The auction, which covered the 91-day, 182-day and 364-day Treasury Bills, attracted total bids exceeding the government’s target of GH¢5.43 billion.   The weighted average interest rate for the 364-day bill stood at 11.59 per cent, compared with 7.08 per cent for the 182-day bill and 5.0795 per cent for the 91-day bill.   The results showed that investors committed the largest share of their bids to the longer-dated instrument, which offered the highest weighted average interest rate among the three tenors.   The Bank of Ghana has set a target of GH¢5.15 billion for the next Treasury Bills auction.   Source: GNA Ghana Business News	Naira depreciates to N1,362/$ in parallel market The Naira yesterday depreciated to N1,362 per dollar from N1,357 in the parallel market on Monday. West Africa must modernise agriculture for food security – Experts Experts have called for the urgent modernisation of agriculture across West Africa, stressing the need to move beyond increased production and focus on transforming agricultural value chains to ensure food security and improved nutrition amid growing climate and population pressures. Climate change threatens Nigeria’s food systems as farmers count losses ….experts call for urgent, sustainable measures to mitigate impacts By Gabriel Ewepu ABUJA — Nigeria’s food system is facing growing threats from climate change as erratic rainfall, prolonged dry spells, flooding, rising temperatures, pests and diseases disrupt farming activities, slash yields and leave farmers counting losses running into billions of Naira. The situation, according to […] World Bank: Fuel price to slow Nigeria’s poverty reduction •Says rising pre-election spending may derail reforms •Raises Nigeria’s 2026 growth forecast to 4.3% •Projects 15.7% inflation rate for 2026 •44% of firms in Nigeria, Kenya adopt AI, power constraints threaten gains By Babajide Komolafe, Economy Editor The World Bank has warned that elevated fuel prices could slow Nigeria’s poverty reduction efforts despite an expected […] Government releases GH¢9.1b covering six quarters of DACF to MMDAs – Ayariga Mr Mahama Ayariga, the Minister of Local Government, Chieftaincy and Religious Affairs, has announced government's release of GH¢9.1 billion, covering six quarters of the District Assemblies Common Fund (DACF) to Metropolitan, Municipal, and District Assemblies (MMDAs) nationwide. Cedi was worst African currency in quarter 2, 2026 – World Bank According to the World Bank, the escalation of the conflict in the Middle East initially exerted broad-based pressure on African currencies.