The Central Bank of Nigeria’s decision to cut the Monetary Policy Rate by 350 basis points to 23% could reshape how investors allocate money across […]
Category: Economy
LASERC identifies TCN, DisCo bottlenecks limiting Lagos electricity supply
The Lagos State Electricity Regulatory Commission (LASERC) has identified bottlenecks between the Transmission Company of Nigeria (TCN) and Distribution Companies (DisCos) that are limiting the […]
Flutterwave appoints former Access Holdings executive Morounke Olufemi as Global CFO
Flutterwave has appointed former Access Holdings executive Morounke Olufemi as its Global Chief Financial Officer (CFO), marking a key leadership transition at one of Africa’s […]
Mambilla: Malami, Fagbemi give opposing accounts of ICC’s ‘$3.38 billion’ ruling
Former Attorney-General of the Federation, Abubakar Malami SAN, and his successor, Lateef Fagbemi SAN, have given opposing accounts of the International Chamber of Commerce (ICC) […]
Nigeria’s hefty rate cut erodes its carry-trade edge against Ghana
Nigeria’s interest-rate differential has fallen behind Ghana after the Central Bank of Nigeria (CBN) cut its benchmark rate by 350 basis points to 23% on […]
MTN, Legend Internet decline as Omatek extends gains
Nigeria’s listed technology and telecommunications stocks posted mixed performances on Tuesday with some major stocks coming under pressure, while others held steady or extended recent […]
Foreign-Owned banks dominate Ghana’s secured lending market
Foreign-owned banks dominated Ghana’s secured lending market in the second quarter of 2026, accounting for 71.1% of the GH¢19.86 billion ($1.757 billion) in secured credit […]
Airtel Money announces IPO plans, targets London Stock Exchange listing
Airtel Money has announced plans to list its shares on the London Stock Exchange in a proposed initial public offering, as the African digital financial […]
Airtel Money announces IPO plans, targets London Stock Exchange listing
Airtel Money has announced plans to list its shares on the London Stock Exchange in a proposed initial public offering, as the African digital financial […]
Experts say CBN’s surprise rate cut could boost growth, pressure FX
Financial and economic experts have described the Central Bank of Nigeria’s (CBN) decision to reduce its benchmark interest rate from 26.5% to 23% as a […]