Author: Marketforces Africa

The Central Bank of Nigeria (CBN) on Thursday said counterfeiting and hoarding were the reasons for redesigning and issuing new naira…

The Nigerian local currency, the naira, appreciated across foreign exchange markets

Access Bank says it is investing a billion dollars to boost 10 million Small and Medium Enterprises (SMEs)…

Russian President Vladimir Putin restricted foreign investors’ ability to buy and sell shares of companies…

World Bank to Electrify Sub-Saharan Africa with Distributed Renewable Energy The World Bank Group announced today an innovative initiative to accelerate the pace of electrification in Africa to achieve universal access by 2030, according to a statement issued today by the multilateral lender. The World Bank with the Multilateral Investment Guarantee Agency (MIGA), the International Finance Corporation (IFC), and other development agencies will promote private investment in distributed renewable energy (DRE) systems to electrify targeted areas quickly and efficiently. The Distributed Access through Renewable Energy Scale-Up Platform (DARES) calls for joint action by the government, private investors, and development agencies…

With a moderate share capital appreciation, the equities segment of the Nigerian Exchange halted…

Amidst the Federal government’s plan to securitise N20 trillion borrowed from the Central Bank …

The Organization of Petroleum Exporting Countries Fund for International Development and the African Development

Oxford Economics said that continued high oil prices and an easing of global funding conditions…

Climate change impacts, including growing pressure on Egypt’s vital water supply, pose an increased risk …