Mauritania Unlocks Access to Additional IMF Loans
Mauritania Unlocks Access to Additional IMF Loans Mauritania has unlocked access to a $28.7 million loan from the International Monetary Fund (IMF) following the completion of its credit review. The…
Read moreUnity Bank Deepens Commitment to Financial Literacy with Youth Outreach
Unity Bank Deepens Commitment to Financial Literacy with Youth Outreach In demonstration of its commitment to financial empowerment targeting youths, Unity Bank Plc has again championed the cause of financial…
Read moreNigeria Opens N300bn Worth of Sukuk for Subscription
Nigeria Opens N300bn Worth of Sukuk for Subscription The Federal Government of Nigeria (FGN) has opened N300 billion worth of 7-year Sukuk for investors’ subscription at a rental rate of…
Read moreHow Nigeria’s Indigenous Energy Companies Are Rewriting Energy Story
How Nigeria’s Indigenous Energy Companies Are Rewriting Energy Story In a powerful wave of transformation, Nigeria’s indigenous energy companies are breaking barriers, redefining expectations, and claiming their rightful place at…
Read moreGabon’s Debt Swap Constitutes Distressed Exchange—Moody’s
Gabon’s Debt Swap Constitutes Distressed Exchange—Moody’s Gabon’s recent debt swap improved liquidity, but Moody’s Ratings agency said the exchange constituted a distressed exchange, which could impact the country’s credit ratings.…
Read moreDollar Rallies Amidst US-China Temporary Trade War Pause
Dollar Rallies Amidst US-China Temporary Trade War Pause The US dollar rose against its major trading partners early Monday as the focus turned to inflation and retail sales data for…
Read moreNigeria to End Foreign Shipping Waivers
Nigeria to End Foreign Shipping Waivers The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced plans to end the issuance of waivers under the Coastal and Inland Shipping…
Read moreMoney Market Rates Mixed, Liquidity Closed Strong Despite Outflows
Money Market Rates Mixed, Liquidity Closed Strong Despite Outflows In the money market, the absence of significant funding pressures kept the short-term benchmark interest rates movements in check as liquidity…
Read more‘Nigeria’s Exit from IMF Debt List Critical Signal to Global Financial Markets’
‘Nigeria’s Exit from IMF Debt List Critical Signal to Global Financial Markets’ Analysts have applauded Nigeria’s exit from the International Monetary Fund (IMF) debt list, saying the development has sent…
Read moreNaira Lost N13 Despite CBN $270m FX Interventions
Naira Lost N13 Despite CBN $270m FX Interventions The Central Bank of Nigeria (CBN) official exchange rate depreciated by N13 to close at N1609.63 against the US dollar following $270…
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