African central banks set to hold rates as inflation fears grow
African policymakers are set to keep interest rates higher for longer as renewed hostilities between the US and Iran fan fresh inflation fears, especially in countries that are net fuel importers.
Nigerian stocks overtake South Korea to become the world’s best-performing equity market in dollar terms
Nigeria’s stock market has emerged as the world’s best-performing equity market in dollar terms this year, overtaking South Korea as investors reward the country’s improving macroeconomic outlook and ongoing economic reforms.
SA rand, Nigerian naira ranked among global currencies soaring against US dollar
The South African rand and Nigerian naira have been ranked among the global currencies posting strong gains against the U.S. dollar over the past year, reflecting shifting market dynamics and improving domestic conditions.