Foreign Investment in Stock Market Rises 168 Percent to N118.92bn
Vanguard
Foreign portfolio investment, FPI, into the stock market rose by 167.8 percent, Year-on-Year (YoY), to N118.92 billion in February 2024 from N44.52 billion in the corresponding… Read more »
RBZ Must Keep an Eye On Those Who Feed the Black Market
The Herald
The new ZiG currency needs to be subject to largely stable exchange rates and be accepted and be as useful as possible as it grows to become first the main currency for… Read more »
Ethiopia's Room for Foreign Companies Streamlines Marketing Milieu - Analyst [analysis]
Ethiopian Herald
Ethiopia's open up in import, export, retail and wholesale businesses would be turning point to streamline and foster legal trading system, Senior Policy Analyst commented. Read more »
Naira Will Continue to Appreciate Against the Dollar - Shettima
Leadership
Vice President Kashim Shettima has expressed optimism about the performance of Nigeria's currency, the Naira, at the forex market, saying it will appreciate more as the dollar… Read more »
Naira Dips to N1,050 As Foreign Reserves Deplete to 7-Year Low
Leadership
The value of the naira rescinded some of its gains yesterday selling at N1,050 to the dollar at the parallel market, as the external reserves of the country declined to its lowest… Read more »
As Naira Gains in Forex Markets, Inflationary Pressures Persist
Premium Times
Despite a significant appreciation recorded in the value of the naira in recent weeks, the impacts on the prices of goods and services are yet to be felt by Nigerians Read more »
The EFF's Floyd Shivambu As Finance Minister Would 'Really Spook the Markets' [analysis]
Daily Maverick
Although it seems highly unlikely that the EFF deputy president will become finance minister, South Africa would take a financial knock if he did. Read more »
654 Oil Palm Stakeholders Equipped On Sustainable Production Principles
Daily Trust
Over 654 stakeholders in the oil palm sub-sector of the agricultural sector have benefitted from the Roundtable on Sustainable Palm Oil (RSPO) training in the South- South… Read more »
ZSE Re-Bases Indices On Currency Changes
The Herald
The Zimbabwe Stock Exchange (ZSE) has re-based indices following the introduction of the new structured currency Zimbabwe Gold (ZiG), as espoused in the 2024 Monetary Policy… Read more »
At 39.84 Percent, Nigeria's Stock Market Offers Near Best Investors' Return in Africa
This Day
At 39.84 per cent year-till-date (YtD) gain, the Nigerian stock market, in the first quarter of 2024, offered investors the second best return in Africa on the back of the economic… Read more »