Nigeria’s Securities and Exchange Commission (SEC) says it will focus on infrastructure financing through the capital markets in 2024. The commission’s Director-General, Lamido Yuguda disclosed this...
Ecobank has signed a new $200 million risk-sharing deal with the African Guarantee Fund (AGF) which will allow the disbursement of cheap loans to countries across...
Nigerian President Bola Tinubu will attend the G20 Compact with Africa conference as he seeks to attract investments in energy and infrastructure and boost trade. Nigeria’s...
During the first half of the year ending June 30, 2023 (H1’23), there was an 88.17% year-on-year increase in capital inflow into Nigeria’s manufacturing sector. Data...
A fresh loan of about $178 million has been approved by the executive board of the International Monetary Fund (IMF) for Malawi, with an immediate disbursement...
The International Monetary Fund (IMF) has confirmed that it has reached a staff-level agreement with Kenya, unlocking immediate access to a $682.3 million credit tranche. The...
The International Monetary Fund (IMF) has not changed its stance on Zambia’s debt restructuring agreement, according to Zambia’s Ministry of Finance and National Planning. The Memorandum...
Inflation rate has continued its upward movement for the tenth straight month in Nigeria, as the latest data released by the National Bureau of Statistics on...
Nigeria’s central bank has reiterated that old 200, 500, and 1,000 banknotes meant to be out of circulation next month would continue as legal tender amid...
Spokesperson of the Nigerian government, Ajuri Ngelale has revealed that the country is negotiating a “multi-billion dollar infrastructure finance facility” with officials of the Islamic Development...