🇸🇳 Senegal raises $537 million at 6.95%
Senegal's recent €304.15 billion CFA franc bond issuance ($537.60 million) at rates as low as 6.40% has sent a significant signal through West African...
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🇳🇬 UH REIT jumps to N18.2 billion profit as property gains
UH Real Estate Investment Trust has delivered a striking earnings performance for the 2025 financial year, reporting total comprehensive income of N18...
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🇳🇬 EFCC arrests company rep over alleged N993 million fraud
The Economic and Financial Crimes Commission (EFCC) has intensified its crackdown on financial misconduct with the arrest of a company representative ...
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🇰🇪 Billions in Question - What Ksh 6.3 Billion eCitizen
Kenya's Office of the Auditor General has uncovered a significant financial irregularity: KSh 6.3 billion (approximately €47 million) diverted through...
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🇰🇪 Consolidated Bank returns to profit with Sh217mn
Consolidated Bank Kenya has achieved a significant turnaround, reporting a net profit of Sh217 million ($1.67m USD) in its latest financial period, ma...
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🇸🇳 Toxic swaps and IMF tensions: Senegal’s $870m ‘secret’
Senegal's recent disclosure of an $870 million currency swap arrangement has crystallized a growing tension between West African fiscal management and...
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🇳🇬 Abdulsamad Rabiu's net worth surges $2.2 billion in 29 days
In the span of just 29 days, Nigerian industrialist Abdulsamad Rabiu's net worth climbed from $11.8 billion to $14 billion, according to Bloomberg Bil...
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🇰🇪 Family Bank profit after tax up 55.4pc to Sh5.38bn
Family Bank, one of Kenya's mid-tier commercial lenders, has delivered a striking financial performance with profit after tax climbing 55.4 percent to...
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🇰🇪 Absa re-enters custodial business after the sale of unit
** South Africa's Absa Group has announced its re-entry into the custodial services market, reversing a strategic withdrawal that saw the bank divest...
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🇳🇬 Analysis: Neimeth’s financial maneuvers is restructuring
Neimeth International Pharmaceutical Plc represents a compelling case study in African corporate resilience and financial repositioning. The Lagos-lis...
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🇪🇬 Hamilton Labs receives backing from AXIAN to scale dollar
Egypt's Hamilton Labs has emerged as a significant player in Africa's digital finance landscape with the launch of USDh, a dollar-backed stablecoin de...
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🇲🇿 Equity Group plans Mozambique’s entry, James Mwangi
Equity Group Holdings, East Africa's largest banking conglomerate by asset base, is preparing to enter Mozambique's financial services market—a strate...
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🇳🇬 Two Days to Recapitalisation Deadline
** Nigeria's banking sector is experiencing an extraordinary valuation spike as the Central Bank of Nigeria's (CBN) mandatory recapitalisation deadli...
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🇳🇬 Deadline Tomorrow: N4.6trn banks’ recapitalisation sparks
Nigeria's banking sector faces a pivotal inflection point as the central bank's N4.6 trillion (approximately €6.2 billion) recapitalisation deadline a...
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🇳🇬 FMDQ lists Champion Breweries’ N30 billion Fixed Rate Bond
Champion Breweries Plc has successfully secured FMDQ Securities Exchange approval for a landmark N30 billion fixed-rate bond issuance, representing a ...
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🇳🇬 Nigeria's Financial Markets Grapple With Mixed Signals
Nigeria's financial ecosystem is sending contradictory signals to foreign investors in March 2026, with currency strength and banking sector reforms c...
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🇳🇬 Nigeria's Capital Market Surge Faces Headwinds as Domesti
Nigeria's financial ecosystem is experiencing a paradoxical moment. While structural reforms are successfully channelling domestic capital into equity...
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🇳🇬 Nigeria's Market Correction Masks Deeper Opportunity: Why
Nigeria's stock market experienced a notable correction last week, with the NGX market capitalisation sliding from N129.125 trillion to N128.969 trill...
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🇳🇬 Tony Elumelu Foundation Backs 3,200 Entrepreneurs With $5
The Tony Elumelu Foundation's announcement of $16 million in grants to 3,200 African entrepreneurs represents a significant vote of confidence in the ...
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🇰🇪 Ndovu Wealth Launches Multi-Asset Fund to Expand Global
Kenya's wealth management sector continues its evolution toward institutional-grade investment solutions with Ndovu Wealth's launch of the Kibaba Mult...
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