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IMF Approves US$73.6m Loan for Cameroon to Support Reform Resulting in an immediate disbursement of $73.6 million, the Executive Board of the International Monetary Fund (IMF) completed today the Fourth…
CardinalStone Sees Strong Upside in GTCO, Soft on Zenith Bank Multi-asset investment management firm, CardinalStone Partner Limited, has released estimates on Nigeria’s big banks after strong stock market re-rating that…
FX: ‘There’s Need to Recapitalise Nigerian Banks’ A stronger banking industry will emerge following the apex bank’s decision to relax its fist on managed foreign exchange management policy, according to…
South Africa Consumer Confidence Slumps IN Q2 Consumer confidence in South Africa fell to -25 points in the second quarter from -23 points in the prior three-month period, the Bureau…
Zambia’s Debt Deal Accelerates Next Stage of Restructuring The official creditor committee (OCC) and Zambian authorities’ agreement on restructuring USD6.3 billion in bilateral debt should allow the country to complete…
NDPC Investigates 3 Banks, Varsity Over Alleged Data Breach The Nigeria Data Protection Commission (NDPC) says it is investigating three banks, a university and other suspects over an alleged data…
Banks, Oil & Gas Stocks: Buy, Hold or Sell Several equities analysts have been adjusting their estimates as order books continue to be filled. Guess what, Nigerian investors are building…
Investment Headwinds, Tailwinds for Second Half of 2023: Navigating Uncertainty Inflation, a slowing global economy, and high stock valuations present the three major challenges for investors in the second half…
France’s highest administrative court has ruled that the country’s football federation is entitled to ban hijab (headscarves) in competitions even though the measure can limit freedom of expression. The Council…
Former President Muhammadu Buhari never pleaded with his successor, President Bola Ahmed Tinubu, not to investigate former government officials. This is according to Garba Shehu, spokesman of Buhari. He was…