African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …
The Institute of Chartered Accountants of Nigeria on Wednesday welcomed more than 2,000 new members into its fold during an induction ceremony held at the ICAN Centre in Lagos. The …
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has warned that Africa can no longer depend on foreign aid and concessional loans as rising debt costs …
Access Holdings Plc, the parent company of Access Bank, has announced plans to raise about N40bn through a private placement as part of its ongoing capital-raising programme. The move is …
The top ten banks in Nigeria have grown their savings deposits to N33.24 trillion in the first nine months of 2025, marking a 6.8 per cent increase from the N31.13 …
Legend Internet Plc has achieved a major milestone after recording a 119.7 per cent oversubscription in its Series 1 Commercial Paper (CP) issuance, signalling strong investor confidence in the company’s …
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has renewed its commitment to Nigeria’s creative sector by sponsoring The Library, a knowledge-driven installation showcased at the 10th edition …
Guinea Insurance Plc has begun moves to strengthen its financial base as the Board of Directors seeks shareholders’ approval to raise up to N15bn in new capital. The plan was …
The Alternative Bank has renewed its commitment to boosting Nigeria’s export trade by offering non-interest financing solutions to Micro, Small and Medium Enterprises. The bank made this pledge during the …
Nigeria’s equities market closed lower on Wednesday after a fresh wave of selloffs dragged several key stocks into negative territory, ending the market’s bullish momentum. The downturn wiped off about …
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