Nigerian Ouster of Central Bank Governor Seen as Market Positive
Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow
2023-06-11 22:27
‘Decade of Emerging Markets’ May Be About to Regain Traction
Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved
2023-06-11 20:21
Fed Is Set to Pause and Assess the Effect of Rate Hikes
Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15
2023-06-11 04:26
Nigeria’s SEC Says Binance Operations in Country Are ‘Illegal’
Nigeria’s Securities and Exchange Commission declared the operations of digital-assets exchange Binance Holdings Ltd. illegal in the West
2023-06-10 17:53
Nigeria’s Central Bank Governor Suspended by President
Nigerian central bank Governor Godwin Emefiele on Friday was suspended by President Bola Tinubu a year before his
2023-06-10 16:28
Cost of Your Caffeine and Sugar Fix to Stay High on El Niño
There’s an aisle of the grocery store where inflation is looking exceptionally sticky: indulgent treats. Think coffee, chocolates
2023-06-10 15:20
Egypt’s Inflation Accelerates Anew to Stay Above 30%
Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already
2023-06-10 14:29
Sudan Expels UN Envoy, Complicating Efforts to End Conflict
Sudan expelled the top United Nations envoy, raising fears the North African country is isolating itself from the
2023-06-09 21:28
Rising Profit Estimates Mask South Africa’s Frail Equity Outlook
Analysts have raised the earnings outlook for South Africa’s main equity index to an almost 11-year high. Money
2023-06-09 20:56
US Suspends Food Aid to Ethiopia After Probe Finds It’s Being Diverted or Sold
The United Nations has joined the US in suspending the delivery of aid in Ethiopia, plunging the humanitarian
2023-06-09 19:50
South African Presidency Maps Out Vision to End Loadshedding
South Africa will focus on fixing its dilapidated coal-fired power plants and the longer-term roll-out of at least
2023-06-09 19:20
New York-listed IHS in Shareholder Standoff Over Governance
IHS Holding Ltd.’s annual meeting devolved into a tense standoff over investor power on Wednesday after the African
2023-06-09 16:58