The Government of Senegal has raised 364 billion CFA francs, equivalent to about $644 million, in its second public bond offering of 2025. The latest fundraising effort exceeded the country’s …
Banking, Finance & Investment
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EconomyFinance & ServicesINVESTMENTMarketsSenegal
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Business PoliciesCryptocurrencyEconomyINVESTMENTPoliticsTechnology
Bitcoin Nears $125K as Trump, Wall Street, and US Laws Fuel Surge
Bitcoin is getting closer to breaking a major price milestone of $125,000, according to Nigel Green, the CEO of deVere Group, one of the world’s top independent financial advisory firms. …
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Banking, Finance & InvestmentBusinessEconomy
Nigerian Stock Market Crosses N80trn Mark as Mid-Low Cap Stocks Drive Gains
The Nigerian stock market crossed a major milestone, as the market capitalization hit a new high of N80.144 trillion, showing strong investor confidence, especially in mid- and low-cap stocks. This …
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Banking, Finance & InvestmentBusinessEvents
Wema Bank, SheCan to Empower 7,000 Women with ₦2m Business Grant at Lagos Event
Nigeria’s leading digital bank, Wema Bank, has again shown its strong support for women entrepreneurs by partnering with the SheCan Conference for the fifth year in a row. The bank …
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomy
Ecobank Repays Half of $300m Eurobond Early, Shows Strong Financial Resilience
Ecobank Nigeria has proven its financial strength and improved liquidity position by repaying 50% of its $300 million Eurobond nearly seven months ahead of the scheduled maturity in February 2026. …
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AFRICA NEWSBanking, Finance & InvestmentEconomyGhana
Standard Chartered Ghana Declares GH¢227.94m Dividend Amid Focus on Long-Term Growth
Standard Chartered Bank Ghana PLC has declared a total dividend payout of GH¢227.94 million to its shareholders, following the release of its financial report for the year ended December 31, …
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Banking, Finance & InvestmentDevelopmentEconomyGOVERNMENTInfrastructure
Libya’s Central Bank Urges Banks to Support Revival of Abandoned Housing Projects
The Central Bank of Libya (CBL) has made a strong appeal to the country’s banks and financial institutions to take the lead in reviving long-abandoned housing projects and supporting urban …
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AFRICA NEWSBanking, Finance & InvestmentCryptocurrencyTechnology
Bank of Ghana Orders All Crypto Service Providers to Register
The Bank of Ghana has directed all operators in the cryptocurrency and virtual asset space—both local and foreign—to register with the central bank. This new move is aimed at maintaining …
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AfricaBanking, Finance & InvestmentEconomyMarketsTechnology
UBA Pushes Pan-African Banking Goals as Executives Meet in Lagos for Half-Year Review
The United Bank for Africa (UBA) Group has restated its commitment to expanding its pan-African presence as it continues to grow beyond Nigerian borders. This came during the Group’s Half-Year …
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EconomyEnergyInfrastructureINVESTMENTOil & GasTrade and Commerce
$15bn 500,000 BPD Refinery, Free Trade Zone Set for Ondo as BINL
The Nigerian petroleum downstream sector is set to witness another major milestone as Backbone Infrastructure Nigeria Limited (BINL) has announced plans to construct a $15 billion refinery with a capacity …