06/12/2025
The dual tranche transaction benefitted from a strong reception amidst a busy primary market, with oversubscription recorded at 2.9x on the 3-year tranche and 5.1x on the 10-year tranche.
06/11/2025
It warned that global growth could be weaker than projected if global trade tensions were to escalate further.
06/09/2025
For the same income, South Africa offers families better homes, an affordable lifestyle, and access to good schools.
06/06/2025
At its most recent review of South Africa last month, S&P affirmed the sub-investment grade 'BB-/B' foreign currency rating and maintained a "positive" outlook.
06/05/2025
The contraction in credit supply reflects banks’ tight risk management policies targeted at reducing asset quality risks amid rising macroeconomic challenges.
06/05/2025
The m/m growth in AUM was also supported by an increase of around NGN20bn in the value of corporate debt to NGN2.3trn, increasing its percentage of total AUM by 10bps m/m to 10.1%.
06/03/2025
Small-scale miners contributed 39% of this output, up from 28% the previous year. Large-scale mining accounted for 61%, down from 72%, with 2.9 million ounces produced.
05/30/2025
Inflation is the general increase in prices and the fall in the purchasing power of money over time.
05/28/2025
Adesina’s presidency began in 2015
05/28/2025
As of December 31, 2024, Nigeria’s total public debt stood at N144.67tn, according to data from the Debt Management Office.
05/27/2025
Business Insider Africa spoke with Hartnell Ndungi, Chief Data Officer at Absa, one of Africa’s largest banking groups, about how the bank is leveraging data analytics to enhance customer experience.
05/27/2025
“Leadership is an essential capacity that drives the next level of growth and transformation,” Adeyemi said.
05/23/2025
The group’s revenue was supported by client acquisition and ongoing entrenchment strategies, strong net inflows from discretionary and annuity funds under management, and average interest-earning assets.
05/22/2025
The decline reflects a combination of external debt service payments and increased FX sales by the CBN
05/22/2025
The more subdued inflation readings relative to last year can be attributed to the rebasing of the CPI that was implemented by the NBS in Jan '25.
05/19/2025
The governor forecasts that average annual inflation will remain below 3.5% and should stay in single digits in 2025.
05/14/2025
The group concluded a three-day visit to South Africa, and now sees two interest rate cuts for the country this year, coming sooner than many other local analysts predict.
05/12/2025
The average loan rate declined by 0.64% after the banking regulator cut the base lending rate by 0.75% to 10%
05/12/2025
This was revealed in a recent Debt Rescue survey, which assessed the severity of the cost-of-living crisis on households.
05/12/2025
Bianca Odumegwu-Ojukwu, received the award as special guest of honour during the 25th anniversary of the Millennium Excellence Prize in Kumasi, Ghana.