The Naira Hits a Two-Year High and Reserves Reach an 18-Year Peak
The naira two-year high of N1,315.67 came as external reserves reached US$53.99bn, an 18-year peak, with record July remittance inflows...
September 4, 2026Topic
emerging markets
Nigeria’s Economy Grew 4.43% in the Second Quarter
Nigeria GDP growth hit 4.43% year on year in the second quarter of 2026, the strongest quarterly reading since the...
September 2, 2026
South Africa Lays the Groundwork for Its First Green Bond
A South Africa green bond is being prepared for issue before March 2027, with size and timing to be decided...
September 2, 2026
Nigeria Is Back in the FTSE Frontier Index, Three Years On
Nigeria frontier market status returns on 21 September after FTSE Russell cleared the settlement cycle, three years after the country...
August 28, 2026
Foreigners Are Just 5.6% of Nigeria’s Record Stock Rally
Foreign investors were 5.60% of Nigeria stock market trades in July 2026, the year's low, while the index rose 53.81%...
August 25, 2026
West Africa’s Shared Stock Market Just Passed US$35 Billion for the First Time
The BRVM crossed 20 trillion CFA francs, about US$35.7bn, on 20 August 2026, after a rally of more than 50%...
August 21, 2026
Egypt Sets New Rules for Short Selling on the EGX Stock Exchange
Short selling on the EGX has a new rulebook: Egypt's regulator set 150% cover, a 40% free-float ceiling and an...
August 20, 2026
Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day
The Ethiopia birr fell to a record low near 162 per dollar, and the central bank called a US$500m special...
August 20, 2026
Morgan Stanley Bets Bigger on Morocco as Factory Exports Jump
Morgan Stanley Morocco exposure is rising as the country's factory exports climb. Cars and aerospace now outsell phosphates, its traditional...
August 20, 2026