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Argentina raised $5.39 billion through a bond offer, attracting nearly 8 trillion pesos in bids. Finance Secretary Pablo Quirno announced plans to use surplus funds from the auction to buy …
Argentina Awards $5.4 Billion in Bond Offer Read More
Network International is expanding its role in Nigeria’s fintech market by providing secure transaction infrastructure to support a burgeoning digital economy. The company sees Nigeria as a strategic hub for …
Network International Supports Nigeria’s Fintech Growth with Infrastructure Read More
Kenya’s foreign exchange reserves have surged to a historic $10.59 billion, boosted by robust remittances and a stable shilling. This increase, reported by the Central Bank of Kenya, represents a …
Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances Read More
Brazil’s government plans to unveil a new fiscal package to balance public accounts following backlash from a previous tax hike. The measures are expected to focus on structural reforms to …
Brazil to Present Fresh Fiscal Package in Bid to Balance Public Accounts Read More
Iran is set to reject a U.S. nuclear proposal requiring uranium enrichment suspension. Market reactions show gold prices rising, reflecting investor risk sentiment amid geopolitical tensions. Caution is advised for …
Iran Poised to Reject US Nuclear Proposal Amid Ongoing Tensions Read More
Moody’s upgraded Nigeria’s credit rating from ‘Caa1’ to ‘B3’ due to significant improvements in external and fiscal positions. The country’s economy is experiencing its fastest growth in nearly a decade, …
Moody’s Upgrades Nigeria’s Rating to ‘B3’ Amid Improved Economic Indicators Read More
Zimbabwe’s banking sector is facing a serious liquidity crisis as wealthy individuals hoard billions outside the formal system. Dr. Sibongile Moyo of BAZ highlights that much of the country’s wealth …
Cash-Hoarding Cripples Zimbabwe Banking Sector Read More
President Bola Tinubu’s proposed foreign loans could push Nigeria’s public debt from N144.67 trillion to over N182.91 trillion by 2026. Economists express concerns over sustainability and debt management as Nigeria’s …
Nigeria Faces Debt Surge with Fresh $24bn Borrowing Proposal Read More
The South African rand weakened to 17.9225 per dollar on Tuesday ahead of the SARB’s expected interest rate cut to 7.25%. Inflation remains below the target range, and recent economic …
South African Rand Weakens Amid Anticipation of Interest Rate Cut Read More
Argentina has announced its first peso-denominated debt sale in nearly a decade, aiming to raise up to $1 billion. This sale is critical for boosting foreign reserves and meeting IMF …
Argentina Unveils First Peso-Denominated Debt Sale in Nearly a Decade Read More