CBN Reintroduces Retail Dutch Auction System, Auctions $876 Million to Stabilize Naira
In a significant move to address the growing demand for foreign exchange and stabilize the naira, the Central Bank of...
Nigerian Equities Market Gains 0.9% as Investor Optimism Returns; Anticipation of Bank Earnings Bolsters Sentiment
Positive sentiment made a strong comeback in the Nigerian equities market this week, as renewed investor interest in key stocks...
Nigeria’s FX Reserves Edge Higher as Naira Appreciates Following CBN’s Retail Dutch Auction
Nigeria's foreign exchange (FX) reserves continued their upward trend this week, albeit at a slower pace, with the gross reserves...
Nigerian Stock Market Rebounds as All-Share Index Rises by 0.18%
The Nigerian Stock Exchange (NSE) experienced a slight rebound today, with the All-Share Index gaining 0.18% to close at 97,098.98...
Global Asset Freeze Imposed on Missing Cryptoqueen Ruja Ignatova Amid $4.5bn OneCoin Scam
Ruja Ignatova, the notorious figure behind the $4.5 billion OneCoin cryptocurrency scam, has been hit with a global asset freeze...
Johannesburg Stock Exchange’s half-year profit slips on lower equity trading Amid Economic Challenges
South Africa’s Johannesburg Stock Exchange Ltd (JSE) reported a slight dip in half-year profits on Wednesday, reflecting the impact of...
ESG: FIRSTBANK Wins 2024 Euromoney Award For Nigeria’s Best Bank
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney...
Woolworths Projects Up to 32% Drop in Full-Year Headline Earnings Amid Weak Sales and High Living Costs
South African upmarket fashion and food retailer Woolworths has forecast a decline of up to 32% in full-year total headline...
Ethiopia Secures $3.4 Billion IMF Deal, Paving Way for Debt Restructuring
Ethiopia has secured a new $3.4 billion financing deal with the International Monetary Fund (IMF), setting the stage for the...
World Bank Approves $1.5 Billion for Ethiopia’s First Budget Support Amid Debt Restructuring Efforts
The World Bank has approved $1.5 billion in financing for Ethiopia, marking its first-ever budget support lending to the country....
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