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. ...
Ugandan Shilling Holds Steady Amid End-Month Dollar Inflows
The Ugandan shilling remained stable on Wednesday, supported by end-of-month dollar inflows from charities, according to traders. At 1050 GMT, ...
Oil Prices Rebound as Middle East Tensions Rise Following Assassination of Hamas Leader
Oil futures saw a significant rebound on Wednesday, rising more than $1 a barrel from seven-week lows. This uptick followed ...
Asian Markets Rebound on BOJ Rate Hike and Anticipation of US Fed Policy Shift
Asian stock markets surged on Wednesday, driven by renewed optimism following the Bank of Japan's (BOJ) interest rate hike and ...
Nigeria’s Pension Fund Sees 1.27% Increase in June, Driven by Federal Government Securities
Nigeria’s pension fund appreciated by ₦256.76 billion, or 1.27%, in June 2024, reaching a total of ₦20.48 trillion, up from ...
NNPC Aims for 2 Million Barrels Per Day Crude Oil Production by Year-End
The Nigerian National Petroleum Company Limited (NNPC) has set an ambitious target to boost the country’s crude oil production to ...
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