News
Rwandan SMEs to Gain $36 Million Boost from East African Development Bank
Rwanda’s Small and Medium Enterprises (SMEs) are set to benefit from a significant financial boost with the East African Development Bank (EADB) launching ...
Nigeria
Nigeria: NAICOM Launches New Portal to Simplify Insurance Agents’ Licensing in Nigeria
The National Insurance Commission (NAICOM) has introduced a new digital licensing portal designed to streamline and expedite the registration and renewal processes for ...
Nigeria
Nigeria: NGX RegCo Advocates for Unified ESG Regulatory Framework in Nigeria
Olufemi Shobanjo, Chief Executive Officer of NGX Regulation, has underscored the necessity for a unified Environmental, Social, and Governance (ESG) regulatory body in ...
Ghana
Ghana: Bank of Ghana Launches Centralized Digital Platform to Modernize Forex Transactions and Strengthen Oversight
The Bank of Ghana (BoG) has unveiled a new centralized online foreign exchange (forex) trading platform, mandating its use by all licensed Foreign ...
News
Nigeria: ATCON’s Strategic Stakeholders Meeting Enhances ICT Collaboration in Nigeria
As Nigeria braces for potential national unrest, the Association of Telecoms Companies of Nigeria (ATCON) hosted a pivotal Strategic Stakeholders Meeting in Abuja. ...
Nigeria
Nigeria: NACCIMA Warns of Crisis as CBN Delays FX Forward Payments
Mr. Dele Oye, the National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has raised alarms about ...
News
Nigeria: Sterling Holdings Sees 52.3% Increase in Post-Tax Profit
Sterling Financial Holdings has reported a substantial 52.3% rise in its profit after tax, reaching ₦16.26 billion for the first half of the ...
News
Nigeria’s External Reserves Reach $36.80 Billion Ahead of Retail Dutch FX Auction
Nigeria’s foreign reserves have risen to approximately $36.80 billion, driven by disbursements from the International Monetary Fund (IMF) and oil revenue remitted by ...
Kenya
Kenya: Fitch Downgrades Kenya to ‘B-‘ with Stable Outlook
Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘B’ to ‘B-‘, maintaining a stable outlook. This decision reflects growing ...
Nigeria
Nigeria: NGX Lifts Suspension on C&I Leasing Plc Shares
The Nigerian Exchange Ltd. (NGX) has lifted the suspension on trading of C & I Leasing Plc shares, effective August 1. This update ...