Author: Marketforces Africa

The Economic and Financial Crimes Commission (EFCC), on Tuesday, opened its case at the Federal High Court

The National Bureau of Statistics (NBS) said the 36 states and the Federal Capital Territory …

As the world marks Cybersecurity Awareness Month, stakeholders in Nigerian cyberspace have made…

The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened 6 pips to 7.1786 against the dollar on Tuesday, according to the China Foreign Exchange Trade System.

The Nigerian government has won the legal case against Process & Industrial Developments (P&ID) Limited in a London court on Monday.

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been admitted as a member of the prestigious Partnership

The sustained depreciation of the Nigerian local currency, the naira, has worsened the Central Bank of Nigeria

Nigeria’s US dollar bond was faced with selloffs across tenors amidst uncertainties in the econom..

S&P Global Ratings on Friday said it downgraded Egypt to B-/B with a stable outlook. The agency previously had a B/B rating on Egypt, and in April had downgraded its outlook on the nation to negative.

Morocco’s Inflation Slows, Govt Plans $62bn Budget Morocco’s annual inflation rate eased slightly to 4.9% in September 2023 from 5% in the prior month, primarily attributed to ongoing alleviation in food inflation, which reached a 16-month-low of 10.1% from 10.6% in August. This comes along with declines in transportation costs to 0.5% from 1.8%. There was also a deceleration in prices of clothing & footwear which dropped to 2.9% from 3%. Also, furnishings, household equipment & routine household maintenance declined to 2.7% from 3%. In addition, restaurants & hotels inflation slowed down by 50 basis points in the month to…