With the worst of the COVID-19 pandemic now behind us and the world economy now focused on the recovery, the question that has permeated through the markets over the last few months is just how temporary the recent surge in inflation will be? Of cour...

Focus for the Biden administration has turned to its spending plans. Nigeria: Speaking yesterday, Governor Godwin Emefiele said that the central bank of Nigeria is planning on providing financial support to 300 companies over a period of nine months,...

UBA Group, one of Nigeria's most regionally diverse banks, recently reported its Q3 21 numbers. On the other hand, fee income was boosted by the continued uptake of UBA's e-banking solutions, while trading income was up due to fixed income and FX tra...

Q3 21 earnings season for Nigeria Banks has kicked off, with Stanbic IBTC being the first in our coverage to report its results. The major driver of the earnings drop remained the same as the previous two quarters, as Stanbic IBTC’s trading revenue f...

A military coup has been reported in Sudan this morning after the army put Prime Minister Abdalla Hamdok under house arrest and detained a number of other government officials. Reports today say PM Hamdok was detained because of his refusal to suppor...

As risks related to Evergrande subside on its payment of debt servicing costs and the shift in its focus, the USD has come under some renewed pressure. The United States remains the largest source of remittances into Kenya, accounting for 61.8% in Se...