MTN Uganda has announced a new exit option for its minority retail investors as the telecom company prepares to separate its mobile money business, MTN MoMo, from its main telecom …
The Nigerian naira appreciated against the US dollar across both official and parallel foreign exchange (FX) markets on Tuesday, July 2, 2025—the first trading day of the new month. This …
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
Many investors across Nigeria are smiling this July as the Nigerian Exchange (NGX) recorded a major rally in the first half of 2025, led by strong performance from top consumer …
Somalia’s economy maintained strong performance in 2024, with a solid growth rate of 4.0 percent, according to the 10th Edition of the Somalia Economic Update released by the World Bank. …
The Securities and Exchange Commission (SEC) has called on Nigeria’s capital market operators and stakeholders to adopt Artificial Intelligence (AI)-driven surveillance systems. The move is part of a wider strategy …
Nigeria’s total money supply dropped again in May 2025, marking the second decline this year, according to new data released by the Central Bank of Nigeria (CBN). The figure for …
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of global energy giant Shell, has acquired an additional 12.5 percent stake in Nigeria’s Bonga oil field from TotalEnergies, boosting …
igeria’s total pension fund assets rose to ₦23.65 trillion at the end of April 2025, up from ₦23.33 trillion in March, according to the latest unaudited report by the National …
The Nigerian equities market continued its upward trajectory last week, recording a robust gain of N1.43 trillion on the back of heightened investor interest, especially in the banking sector. Key …
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