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Yellen Predicts that by the End of 2023, US Inflation will be Significantly Lower.
Barring an unexpected shock, U.S. Treasury Secretary Janet Yellen predicted a significant decline in inflation in…
Kenya Incurs Additional Foreign Debt of Sh5.4 billion.
In the fiscal year that ended in June, Kenya's external debt servicing costs increased by Sh5. 4 billion,…
British Economy Recovers from Royal Funeral Blow.
The British economy recovered from the one-time public holiday marking Queen Elizabeth's funeral in September a…
Dollar Rises as Inflation Pressures Persist.
Dollar increased, suggesting that inflationary pressures have persisted and that the Federal Reserve may decide to…
Dangote Refinery Valuation to Soar Past $13.8bn on Completion
The European Union is looking for alternative sources of refined products as a result of the sanctions imposed on…
China’s Trade Suffers Worst Slump.
In November, China's exports and imports declined at their fastest rate in at least two and a half years as the…
Bank of England to add 50 bps to Bank Rate on Dec. 15.
Despite the economy entering a recession, the Bank of England will increase Bank Rate by another 50 basis points,…
Iranian Authorities Plan to Freeze the Bank Accounts of Women who Reject the…
According to a member of the Iranian parliament, the government intends to introduce new penalties for women who…
China’s Yuan is Used in Russia’s Largest Digital Asset Transaction.
The first transaction involving digital financial assets denominated in foreign fiat was completed by a licensed…
Prior to Russia Sanctions, OPEC+ Maintains Oil Production Cuts.
23 oil-producing countries that make up OPEC and non-OPEC producers have agreed to maintain their current policy…
Africa’s LNG Export to be Driven by Nigeria, Algeria, and Egypt.
NIGERIA, Algeria and Egypt, have been tipped to drive Africa's Liquefied Natural Gas, LNG, export in the short…
NNPCL Signs MoU with Companies in Ghana and Gambia.
The Nigerian National Petroleum Company Limited has signed five memorandums of understanding regarding the…
The UK is Completing its Plans to Regulate the Cryptocurrency Industry.
According to the Financial Times, the British Treasury is putting the finishing touches on plans for a package of…
UK’s FTSE 100 Increases as Fed Policy Cues are Highlighted.
Amid cautious investor sentiment ahead of the Federal Reserve Chair's speech in search of hints about the…
CBN Protects Naira With $11.24 billion in Seven Months.
To keep the value of the naira stable between January 2022 and July 2022, the Central Bank of Nigeria injected…
Ghana’s Debt Restructuring: Eurobond Holders Face Possible 30% Cut.
As the government pursues a debt exchange program to meet the requirements for a loan from the International…
Registrars for Capital Markets Demand Proper Identity Management.
To encourage investment in Nigeria's capital market, the Institute of Capital Market Registrars has called for…
Bitfront, a Cryptocurrency Exchange, has Shut Down.
Despite efforts to overcome challenges in the rapidly evolving industry, Bitfront, a U.S. Crypto exchange backed…
Trade Volume Between the UK and Nigeria Hits £5.5bn.
At the eighth and final UK-Nigeria Economic Development Forum, both parties reaffirmed their shared interest in…
Exclusive: Exxon will leave Equatorial Guinea amid the Phase-out of Crude in…
Exxon Mobil Corp (XOM. N) will cease oil production in Equatorial Guinea after its license expires in 2026 and…
Nigerian Crude Oil Sales Generate Zero Dollars for the CBN, according to Emefiele
From almost US$3.0 billion per month in 2014 to zero dollars now, Nigeria's official foreign exchange receipts…
Equity Recovers 90pc of Covid Restructured Loans.
In order to demonstrate the sustained recovery of the economy despite additional shocks from high inflation,…
FG Calls for Closer Ties with Canada to Advance both Countries’ Trade…
According to the Federal Government, Nigeria and Canada must collaborate closely to accomplish a number of shared…
Interest Rates for Borrowers will Increase at Equity Bank starting in January…
In January 2023, Equity Group intends to completely begin pricing loans according on the risk profiles of…
Kenya Treasury to Issue New Bonds in Exchange for the Sh87 billion Debt.
To avert a cash shortage early in the new year, the Treasury is trying to convert Sh87. 8 billion worth of…
Excess Crude Account Decreases by 89% to $472,513.
In the previous eight years, Nigeria's surplus crude account has decreased by 89%, from $4. 1 billion in November…
Fed Insiders Anticipate Small Rate Increases to Occur Soon.
The Federal Open Market Committee, which sets interest rates, is largely expected to reduce its rate hike in…
Buhari Unveils New Naira Notes at Aso Rock.
The new naira notes in the denominations of N200, N500, and N1,000 were introduced by the President, Major General…
Naira Redesign: CBN Receives Old Notes Worth N165 billion.
Before the Federal Executive Council meeting started, November 23, President Muhammadu Buhari introduced the…
Revised Capital Market Master Plan will be Unveiled by the Finance Minister.
The Revised Capital Market Master Plan, which is anticipated to serve as the roadmap for the capital market over…