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Mozambique’s dollar bond gained nearly 2 cents after the U.S. approved a $5 billion loan for a liquefied natural gas project. The 2031 bond bid rose to 80.94 cents on …
Mozambique’s Dollar Bond Increases After U.S. Approves $5 Billion LNG Loan Read More
President Trump’s revival of the ‘maximum pressure’ strategy on Iran targets its oil exports to weaken the regime’s financial power and diminish support for terrorism and nuclear ambitions. Current global …
The Strategic Rationale for Maximum Pressure on Iran’s Oil Exports Read More
The Nigerian stock market declined by 0.43% on Tuesday, resulting in a loss of N285 billion in market capitalisation. The All-Share Index dropped to 106,167.75. Despite the overall downturn, some …
Nigerian Stock Market Declines 0.43% Amid Investor Setbacks Read More
Nigeria intends to double its GDP growth to 7% by 2025 by increasing oil production and engaging the private sector. This follows years of low growth, which has affected living …
Nigeria’s Strategy for Doubling GDP Growth to 7% by 2025 Read More
Nigeria’s competitiveness has reached a 25-year high due to the naira devaluation, leading to a record trade surplus of N16.9 trillion in 2024. Despite improved balance of payments and fiscal …
Nigeria Achieves 25-Year High Competitiveness Amid Naira Devaluation Read More
In February 2025, Pakistan reported a 38.6% increase in remittances, reaching $3.1 billion, driven mainly by contributions from Saudi Arabia and the UAE. The significant inflows are crucial for maintaining …
Pakistan Sees 38.6% Growth in Remittances, Led by Saudi Arabia and UAE Read More
The naira’s significant depreciation has enhanced Nigeria’s economic competitiveness to a 25-year high, as reported by Chatham House. While there are positive indicators such as trade surpluses and increased foreign …
The Naira’s Depreciation Boosts Nigeria’s Economic Competitiveness to Historic Highs Read More
Egypt’s inflation decreased to 12.8% in February from 24.0% in January, exceeding analysts’ expectations due to base effects. Month-on-month prices rose by 1.4%, with food and beverage prices up by …
Egypt’s Inflation Rate Declines to 12.8% in February 2023 Read More
Transnational Corporation Nigeria reported a 189% profit increase, reaching N94.08 billion in 2024. Revenue doubled to N407.91 billion, driven by robust sector growth. The company also declared a dividend of …
Transcorp Nigeria Reports Significant Profit Surge and Robust Growth Read More
Cora Gold shares increased by 33% after the Malian government partially lifted a moratorium on mining permits. Effective 15 March, applications for permit renewals and transitions will be processed, although …
Cora Gold Shares Surge 33% Following Mali Government’s Partial Lift of Mining Moratorium Read More