The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
FOREIGN EXCHANGE
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsCentral AfricaEconomyFinance & ServicesGhanaNigeriaUGANDAWestern AfricaZAMBIA
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Dangote IndustriesEconomyManufacturingNigeriaTrade and Commerce
Dangote Packaging Targets African Markets After Boosting Production Capacity
Dangote Packaging Limited (DPL), a subsidiary of the Dangote Group, has revealed plans to enter export markets across Africa after ramping up its monthly production capacity of polypropylene bags from …
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AgricultureBusinessEconomyNigeriaTrade and Commerce
US report calls out Nigeria’s trade barriers, port corruption
The United States government has criticised Nigeria for delaying the approval of import permits for American agricultural products. In its 2025 National Trade Estimate Report on Foreign Trade Barriers, the …
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The Federal Executive Council (FEC) has ordered the full implementation of the Naira-for-Crude agreement between the Federal Government and local oil refiners, a move aimed at strengthening Nigeria’s local refining …
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Banking, Finance & InvestmentEgyptNorth AfricaTrade and Commerce
Egypt’s Foreign Assets Rise by $1.5 Billion in One Month – Central Bank Confirms
The Central Bank of Egypt (CBE) has announced that the country’s net foreign assets recorded a sharp increase of over US$1.5 billion in February 2025. This pushed the total to …
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BusinessEconomyFinance & ServicesManufacturingMarkets
International Breweries’ loss extends to seventh year
International Breweries has recorded another year of losses, marking its seventh consecutive year in the red. The company’s audited financial report, filed on the Nigerian Exchange Limited on Thursday, showed …
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Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
NGX records 30% reduction in foreign inflows
Foreign inflow to Nigeria’s equities market fell by 29.66 per cent in February 2025, dropping to N18.05bn from N25.66bn recorded in January.This decline in foreign inflow, alongside a drop in …
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BusinessEconomyFinance & ServicesManufacturingNigeria
SON seeks industry support to reduce the influx of substandard products
The Director General of Standards Organization of Nigeria (SON), Mallam Farouk Salim, has called for collaboration between stakeholders in industrial and manufacturing business to collaborate with SON to reduce the …
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AFRICA NEWSBusinessEconomyINVESTMENTNigeria
Swiber Africa and PowerChina set up an agro-industrial park in Abia to boost foreign exchange
PowerChina and Swiber Africa have set up an agro-industrial park in Abia State to drive industrialization and boost foreign exchange earnings. The project, estimated at over $500m, is targeting to …
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Banking, Finance & InvestmentBusinessEconomyMorocco
Bank Al-Maghrib and Foreign Exchange Office Sign a partnership Agreement
Bank Al-Maghrib (BAM), Morocco’s central bank, and the Office des Changes (OE), the country’s foreign trade watchdog, signed a partnership agreement on Monday in Rabat. The agreement aims to establish …