The Nigerian naira recorded a slight appreciation against the United States dollar on Thursday at the official foreign exchange market, as the country’s external reserves rose to a four-year high …
Finance
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BankingBusinessEconomyFinanceForex TradingOil & Gas
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Business and EconomyCorporate GovernanceFinanceINVESTMENTPropertySouth Africa
RMH, Atterbury Clash Over Strategy as Director Removed
RMB Holdings (RMH) has announced that one of its representatives, Brian Roberts, has been removed as a director of Atterbury Property (Pty) Ltd, exposing the deepening rift between the South …
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Kenya has secured up to 25 billion yen ($169 million) in Samurai financing from Japan to support its struggling automotive and energy sectors, as the East African country continues to …
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AgricultureEastern AfricaEconomyFinanceInflationMonetary Policy
Rwanda Central Bank Raises Key Interest Rate to Tackle Rising Inflation
The National Bank of Rwanda has raised its key repo rate by 25 basis points to 6.75 percent as the country battles rising inflation that is putting pressure on the …
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Illovo Sugar Malawi Plc, one of the country’s largest companies, has secured shareholder approval to borrow $45 million from its majority shareholder, Sucoma Holdings Limited, in a move designed to …
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BusinessCapital MarketEconomyFinanceGlobal NewsRegulation
World Federation of Exchanges Launches Manifesto to Protect Public Markets
The World Federation of Exchanges (WFE), the global body representing exchanges and clearing houses, has unveiled its new Exchange Manifesto. The declaration seeks to highlight and reinforce the vital role …
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BusinessCorporate NewsEconomyFinanceTrade
Champion Breweries Moves to Acquire Bullet Brand in Strategic Expansion
Champion Breweries Plc, a subsidiary of enJOYcorp and member of the EverCorp family, has signed an agreement to acquire the Bullet brand, an alcoholic and energy beverage, in a deal …
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Pension Fund Administrators (PFAs) have channelled over N14.5 trillion of workers’ retirement savings into Federal Government securities as of March 2025, highlighting the industry’s continued reliance on sovereign debt. Figures …
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BankingBusiness GrowthBusiness InsightsCorporate AffairsDevelopmentFinance
Stanbic Uganda Reports 18% Profit Rise, Shs 278bn in Half-Year 2025
Stanbic Uganda Holdings Limited (SUHL) has announced strong financial results for the first half of 2025, reflecting steady growth and its contribution to national development. For the six months ending …
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BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …