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Investors in Nigeria’s stock market gained N91 billion on Friday, with market capitalization rising to N67.193 trillion and the All-Share Index climbing to 107,821.39. Despite this rebound, 34 stocks decreased …
Nigerian Stock Market Sees N91 Billion Profit Recovery on Friday Read More
Brazil’s bond market is emerging as a promising opportunity for investors, particularly due to its high yields influenced by local fiscal policies and inflation rates, rather than global sentiment. With …
Brazil’s Bond Market: A Promising Oasis Amid Global Trade Tensions Read More
A new World Bank report revealed that reversing Zimbabwe’s informal economy will require substantial reforms and several years. The report estimates a loss of US$4.5 billion from unfavorable monetary policies …
World Bank Report: Challenges and Solutions for Zimbabwe’s Informal Economy Read More
On March 3, Bursa Malaysia opened higher following a Wall Street rally, with the FTSE Bursa Malaysia KLCI rising 4 points to 1,578.70. Despite declining indices in some sectors, gainers …
Bursa Malaysia Opens Higher, Driven by Wall Street Rally Read More
In February, Nigerian Treasury bills yields fell by 3.5%, fueled by increased demand from investors. This shift occurred as Nigeria’s inflation rate of 24.48% lagged behind the CBN’s benchmark interest …
Nigerian Treasury Bills Yield Decline of 3.5% in February Read More
In 2024, Egypt’s Islamic banking sector reached EGP 1.14 trillion, representing 5% of the total banking market with a 68% growth rate since December 2023. The sector comprises 15 licensed …
Growth of Islamic Banking in Egypt: Key Developments for 2024 Read More
Qatar has been upgraded from an emerging market to a developed market by JP Morgan, alongside Kuwait. This reflects strong fiscal management and infrastructure development. In a recent bond issuance, …
Qatar’s Ascendancy: Reclassification in Changing Global Bond Markets Read More
Banks in Nigeria have started enforcing new ATM fees mandated by the Central Bank of Nigeria, prompting widespread discontent among customers. This increase in transaction charges, which some argue disproportionately …
New ATM Fees: Customer Backlash Against Tinubu’s Economic Policies Read More
Moody’s has upgraded Benin’s ratings outlook to positive while maintaining its long-term issuer ratings at B1. This change reflects significant improvements in the country’s economic resilience, public finance management, and …
Moody’s Upgrades Benin Ratings Outlook to Positive Read More
Egyptian remittances from abroad surged by 51.3% in 2024, reaching $29.6 billion, reinforcing their essential role in Egypt’s foreign currency supply and economic stability. The Central Bank’s exchange rate liberalization …
Egyptian Remittances: A Pillar of Economic Stability Read More