Bitcoin soars as Powell signals Fed set to cut rates
Fed Chairman Jerome Powell’s speech at Jackson Hole on Friday reinforced the expectations of an interest rate cut in September,
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Afreximbank, two others back Oando’s NAOC purchase with $650m financing
African Export-Import Bank said it arranged a $650 million facility for Oando Plc for the financing of the company’s acquisition
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[BREAKING] Moody’s withdraws ratings of Nigerian lender Union Bank
Moody’s Ratings announced on Friday that it has withdrawn the ratings of Union Bank of Nigeria Plc due to insufficient
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Nigeria’s $500m domestic bond should be successful – Rewane
The domestic dollar bond launched on Monday by the Nigerian government should be successful, economic expert and CEO of Lagos-based
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OVH acquisition: The facts, by NNPC Ltd
The attention of NNPC Ltd has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser
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Oando pays $783m for acquisition of Eni subsidiary NAOC
Oando Plc, a Nigerian energy solutions provider, has announces the successful completion of the acquisition of 100% of the shareholding
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Bitcoin surges as Fed rate cut expected in weeks
Blue-chip cryptocurrencies Bitcoin and Ethereum surged Thursday as Federal Reserve minutes suggested that U.S. interest rate cuts may commence within
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US Fed on course to cut rates September, minutes show
Federal Reserve officials last month were strongly leaning toward an interest rate cut at their September policy meeting and several
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Africa’s richest man Dangote loses $1.1bn in one month
Aliko Dangote, the richest man in Africa, has lost 7.59 percent of his net worth in the past month, according
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Africa’s high-yield bonds seen benefitting from US Fed rate cut
Investors are eyeing high-yield foreign currency bonds from Nigeria, Gabon, and Kenya ahead of an anticipated US Federal Reserve rate
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