Markets

LAGOS, May 21 – Aliko Dangote, Africa’s richest man said the planned initial public offering of Dangote Refinery is expected to launch …

JOHANNESBERG, May 20 – Dubai-based Averi Finance is in discussion with South African miner Mantengu Ltd. over a reverse merger that would …

JOHANNESBURG, May 20 – South Africa’s rand traded little changed against the dollar on Wednesday as investors awaited inflation data expected to …

PRETORIA, May 15 – Morgan Stanley said on Friday that South Africa’s longer-term reform trajectory remains intact despite mounting pressure from rising …

ABUJA, May 14 – Nigeria’s Securities and Exchange Commission is deploying a sweeping technology and data-driven reform agenda to reposition the country’s …

JOHANNESBURG, May 13 – South Africa’s rand remained resilient despite renewed political pressure on President Cyril Ramaphosa, as investors continued to back …

LAGOS, May 8 – Nigeria is emerging as one of the world’s strongest-performing frontier markets, with stocks, bonds and the naira rallying …

NAIROBI, May 8 – Airtel Africa said on Friday that it has delayed the planned initial public offering of its mobile money …

LAGOS, May 7 – Nigeria’s pension fund assets increased to ₦29.52 trillion (about $21.73 billion) in March 2026, supported by gains in …

LAGOS, May 6 – Nigeria’s equities market closed lower on May 5, 2026, as mild selling pressure in large-cap stocks weighed on …