DRC Joins African Peers in Using Bloomberg Tool to Digitise FX Market
The Central Bank of Congo (BCC) has adopted Bloomberg’s BMatch solution to improve transparency, pricing clarity and efficiency in interbank
Read more
Author: Markets Reporters
Dangote Reschedules Refinery IPO, Says Private Bids Top $2 Billion
Aliko Dangote, President and Chief Executive of the Dangote Group, announced on Wednesday that the highly anticipated initial public offering
Read more
Seplat Shareholders Approve Elumelu’s Board Appointment
Shareholders of Seplat Energy Plc on Wednesday approved the appointment of Tony Elumelu as a non-executive director at the company’s
Read more
Moniepoint Taps tell.money to Boost Anti-Fraud Protections for UK Remittances
African financial technology firm Moniepoint has announced a strategic partnership with UK-based open banking platform tell.money to roll out an
Read more
Billionaire Otedola’s ‘Making It Big’ Shortlisted for BCA African Business Book of the Year
The Business Council for Africa (BCA), in partnership with the Africa Finance Corporation (AFC), African Business and BrandComms, has announced
Read more
Fuel Marketers Vow to Fight Dangote’s New Lawsuit Seeking to Stop Imports
Nigeria’s downstream petroleum market is heading into a new legal showdown after Dangote Petroleum Refinery filed a fresh lawsuit seeking
Read more
Dangote Boosts Ethiopia Fertiliser Plant Investment to Over $4bn with New Facilities
Aliko Dangote, president of Dangote Industries Limited, has raised the company’s planned investment in its Ethiopia fertiliser project from $2.5
Read more
CPPE Warns CBN Against Further Rate Hike Ahead of MPC Meeting
The Centre for the Promotion of Private Enterprise (CPPE) has warned the Central Bank of Nigeria (CBN) against further interest
Read more
S&P Upgrades Nigeria to ‘B’ on Oil Gains, Dangote Refinery, FX Reforms
S&P Global Ratings has upgraded Nigeria’s long-term foreign and local currency sovereign credit ratings to ‘B’ from ‘B-’, citing an
Read more
Dangote Cement Outpaces BUA Foods and MTN as Valuation Nears Historic N20 Trillion
Dangote Cement is on track to set a new record as the first listed company to reach a valuation of
Read more