Nigeria’s Access Bank raises $228m in rights offer
Access Bank Plc, Nigeria's largest lender by assets, successfully raised 351 billion naira ($228 million) in rights…
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Nigeria
Egypt’s trade with D-8 reaches $7.9b in 10m
The volume of trade exchange between Egypt and the D-8 Organisation for Economic Cooperation has increased to reach…
Nigeria to focus on natural gas in ’25
Nigeria will auction undeveloped oil and gas blocks next year, focusing on natural gas development to align with…
Egypt’s c. bank joins PAPSS to boost intra-African trade
The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
Nigeria’s economy expands in Q3 ’24
Nigeria's economy expanded 3.46 per cent year-on-year in the third quarter of 2024, marking an acceleration from…
Nigeria signs $1.2b deal to revamp gas processing plant
Nigeria has taken a significant step towards reviving its dormant aluminium industry by signing a $1.2 billion…
Nigeria’s inflation up in Sept ’24
Nigeria's inflation rate increased to 32.70 per cent in September 2024, up from 32.15 per cent in August, marking a…
IFC, Absa to fund African farmers with $50m trade facility
IFC and South Africa's Absa Group are partnering to provide a $50 million trade finance facility to Valency…
Nigeria’s inflation continues to ease in August
Nigeria's headline inflation rate eased slightly in August 2024, decelerating from 33.40 per cent in July to 32.15…
EU’s agri-food trade surplus holds at €5b in May ’24
The European Union's agri-food trade surplus remained stable at €5 billion in May 2024, slightly down from the same…
