African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …
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OPEC cuts global oil demand growth forecasts over US tariffs
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its earlier forecast for global oil demand in 2025. According to its Monthly Oil Market Report released on Monday, …
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Naira Falls Again Despite CBN Intervention, Faces More Pressure from Global Events
The Nigerian naira has continued to weaken against the US dollar, as it recorded another round of depreciation in March 2025, both at the official market and in the parallel …
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As the week commences, several developments are poised to influence African markets. Financial markets exhibited mixed signals on Monday. U.S. stock futures experienced an uptick, while the dollar displayed volatility. …
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Oil prices saw a significant surge on Monday morning ahead of the Bank of England (BoE) meeting this week, where it was suggested that this rate hike might be the …