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The International Finance Corporation (IFC) is seeking to develop innovative financing platforms and risk mitigation solutions that can unlock more private capital for strategic sectors of the…
Nigerian Exchange Group (NGX Group) and the Nairobi Securities Exchange (NSE) have advanced efforts to deepen cross-border collaboration, as Nigerian and Kenyan market stakeholders met in Nairobi on…
Dangote Industries Limited (DIL), one of the sponsors of the 21st Abuja International Trade Fair, will spotlight the ongoing Initial Public Offering (IPO) of the Dangote Petroleum Refinery and…
The Shapoorji Pallonji (SP) Group has again approached Tata Sons seeking to monetise part of its 18.4% holding in the Tata Group's holding company, according to people familiar with the matter cited by Moneycontrol.
JAKARTA: Malaysian palm oil futures closed at their lowest in 11 weeks on Thursday, pressured by weakness in Chicago soyoil prices and concerns over softer September exports and rising production. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange lost 57 ringgit, or 1.24%, to 4,553 ringgit…
A move higher in oil is putting even more pressure on bonds, with yields hitting new milestones in a number of markets including the UK and the US. The UK’s long-term borrowing costs hit 6% for the first time in almost three decades whilst the 10-year Treasury note climbed to the highest since 2002.
