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The naira steadied against the US dollar at the official window as the Central Bank of Nigeria continues to chase headline inflation with 26.5% policy rate retention.
NGX Slips, Investors Lose N1.6trn as Stocks Hit Overbought The Nigerian Exchange (NGX) All-Share Index slipped on Wednesday amid profit-taking,…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reaffirmed its commitment to strengthening diaspora engagement and advancing healthcare development in Nigeria by introducing its healthcare investment proposition to the Nigerian-American medical community at the 2026 ANPA Carolinas Symposium, held in Charlotte, North Carolina.
The yield on Nigerian sovereign Eurobond shifted higher amid negative investor sentiment across African issuers, primarily driven by inflation outlook and fiscal pressures.
The Central Bank of Nigeria (CBN) monetary policy committee (MPC) maintained the status quo on rates at the end of a two-day meeting on Wednesday.
PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos The National Pension Commission (PenCom) and the Nigeria Labour Congress…
World Bank to Scale up Africa Guarantees to $6.4bn by 2030 The World Bank Group says its Guarantee Platform aims…
The South African rand (ZARUSD) opens trading on a weak note after the local unit was sold off amid rising crude oil prices, a direct consequence of Middle East tensions.
UK Headline Inflation Declines to 2.8% in April United Kingdom (UK) headline inflation fell sharply to 2.8% in April 2026,…
Global equities shuddered as rising bond yields and persistent inflation fears rippled through markets, driving increased demand for safe havens.