Fitch Affirms Ethiopia at ‘Restricted Default’ Global rating agency Fitch has affirmed Ethiopia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR)…

NUPRC Opposes Establishment of Oil, Gas Decommissioning Commission The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opposed the National Commission…

Nigeria’s Forex Market Turnover Rises by 56% to $8.6bn—CBN Nigeria’s foreign exchange market (forex) turnover has grown by 56.4%, reaching…

FX Inflow Spikes as Nigeria Reforms Attract Offshore Investors Nigeria recorded a sharp increase in FX inflows into the economy…

Ghana Says Economic Rebounds from Crisis to Confidence Ghana is back,” Governor Johnson P. Asiama of the Bank of Ghana…

Rising Energy Costs: 47m Europeans Struggle to Heat Homes As Europe faces rising energy costs and widespread energy poverty, a…

GCR Affirms Airtel Nigeria AAA/A1+ Ratings, Outlook Stable GCR Ratings has affirmed Airtel Networks Limited’s national scale long- and short-term…

Money Market Rates Mixed on Excess Liquidity in Banking System Money market rates mixed as financial system liquidity improved following…

Wema Bank Completes N50 Billion Private Placement Tier-2 lender Wema Bank Plc has completed its second tranche of its N50…

IMF Hails Africa’s Resilience as Region Defies Global Economic Storm The Director of the African Department in the International Monetary…