The Central Bank of Nigeria (CBN) has told Nigerians to treat the naira with more respect, saying it is one of the strongest currencies in the world when judged by …
Finance
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CurrencyDebt Management,EconomyFinancePoliciesPublic Safety
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BankingBusinessDevelopmentEconomyEntrepreneurshipFinanceUncategorized
MSMEDA, Sign EGP 500m Deal to Fund Over 5,000 Micro Businesses
by Adeolaby AdeolaThe Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque du Caire have signed two major agreements worth a combined EGP 500 million to support micro-enterprises across Egypt. The …
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BusinessFinanceGovernment PolicyInfrastructurePublic Sector
Nigeria Clears Power Sector Arrears with ₦4 Trillion Debt Refinancing Plan
The Federal Government has approved a ₦4 trillion debt refinancing plan for Nigeria’s power sector, a move aimed at clearing long-standing arrears owed to power generation companies and improving electricity …
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Debt Management,EconomyFinanceGovernment PolicyInternational Relations
Deloitte Cautions Ghana on Capital Market Return
Deloitte Ghana has advised the government to take its time before returning to the international capital market, even though the economy has been showing strong signs of recovery. The research …
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AwardsBusinessEconomyFinanceUganda, Professional Development
Uganda Accountants Launch 2025 Service Awards
The Institute of Certified Public Accountants of Uganda (ICPAU) has confirmed that the 2025 edition of the prestigious Accountancy Service Awards (ASA) will take place on October 3, 2025. The …
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AfricaAfrican PoliticsFinanceINVESTMENT
CRDB Bank Unveils Al Barakah Sukuk Islamic Bond to Raise Over TZS 40 Billion
CRDB Bank Plc has officially launched a new Islamic finance product, the Al Barakah Sukuk, in a move set to boost ethical investments and promote financial inclusion in Tanzania and …
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AfricaCentral BankingDigital EconomyEconomyFinanceGlobal NewsInflationUGANDA
Bank of Uganda Maintains Key Lending Rate at 9.75% Over Inflation and Global Economic Concerns
Uganda’s central bank has decided to keep its main lending rate unchanged at 9.75 per cent for the fourth time in a row, as the country continues to monitor global …
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China-Africa RelationsCurrencyEconomyFinanceFinancial InclusionMarkets
Chinese Yuan Weakens to 7.1405 Against US Dollar
The central parity rate of the Chinese currency, the renminbi (yuan), fell slightly on Monday, weakening by 23 pips to 7.1405 against the United States dollar. The China Foreign Exchange …
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BusinessDevelopmentEconomyFinanceInfrastructurePolitics
World Bank approves N12.88tn loans to Nigeria in two years
The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
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BankingBusinessDevelopmentEconomyEntrepreneurshipFinanceNigeriaReal EstateStartups
HQ, The Alternative Bank Partner to Provide Affordable Office Spaces for Startups Nationwide
HQ, a subsidiary of International Workplace Group (IWG), has partnered with The Alternative Bank to make modern and affordable office spaces available to startups and small businesses across Nigeria. The …