Markets

LAGOS, May 4 – Nigerian naira strengthened against the British pound sterling in official trading, supported by improved foreign-exchange liquidity and continued …

LONDON, April 30 – Global oil prices surged to a four-year high above $122 per barrel on Thursday, driven by escalating concerns …

NAIROBI, April 21 – Kenya’s shilling is facing renewed pressure as global oil prices rise, with strategists at major international banks warning …

JOHANNESBURG, April 20 – Ninety One Plc says recent market volatility linked to the Iran conflict has created attractive buying opportunities in …

PRETORIA, April 20 – South African equities are attracting renewed interest from investors seeking value opportunities as geopolitical tensions weigh on global …

LONDON, April 17 – Global energy prices tumbled after Iran’s Foreign Minister Abbas Araghchi said the Strait of Hormuz “is declared completely open.” easing …

LAGOS, April 17 – Aliko Dangote plans to sell about 10% of his oil refining business through an initial public offering across …

JOHANNESBERG, April 16 – South African government bonds have returned 6.3% in dollar terms since mid-March, outperforming the 2.3% average for emerging-market …

LAGOS, April 13 – Aliko Dangote, Africa’s richest man, is planning a pan-African initial public offering for his refining business, in what …

ABUJA, April 10 – Nigeria’s foreign exchange reserves declined to $48.94 billion as of April 8, following a sustained drawdown linked to …