Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’ with outlook accorded as stable.

The Nigerian Exchange Ltd. (NGX) has lifted the suspension placed on trading of C & I Leasing Plc shares, effective Aug. 1.

The prices of crude oil ended negative for the fourth week due to demand concerns in one of the world’s largest consumer, China, and Strong US dollar.

The Nigerian Education Loan Fund (NELFund), says it has disbursed more than N2.5 billion institution fees to 12 schools across the country.

The Nigeria Civil Aviation Authority (NCAA) says it has not suspended or halted Arik Air’s flight operations, which continued as scheduled and did not affect

Investors, local and foreign, boycotted the Central Bank of Nigeria’s (CBN) open market operations auction sales, ending with zero sales again. Investors apathy

The naira lost 3% on Friday, pulling back from gaining streaks against the US dollar in the forex market as exchange rate rubbished FX market intervention.

The equities investors saw more than N219 billion gain in a latest bargain hunting on the Nigerian Exchange (NGX) despite nationwide protest.

The African Development Bank (AfDB), has signed a 20 million-dollar equity investment in the African Infrastructure Investment Fund 4 (AIIF4).

Mr Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has urged African countries to leverage the support of global partners for sustainable