Nigeria’s Passenger Car Imports Decline Due to Economic Pressures in 2024
Nigeria's passenger car imports fell by 14.2% in 2024 due to volatile exchange rates and rising inflation, totaling N1.26 trillion....
Companies
MTN Nigeria and Airtel Africa: Projected Profitability by 2025 Amid FX Challenges
MTN Nigeria and Airtel Africa are projected to regain profitability by 2025 following significant FX losses due to naira devaluation....
Risk-Off Sentiment Elevates Nigeria Eurobond Yield to 19.54%
The yield on Nigeria's US dollar bonds has risen to 19.54%, driven by risk-off sentiment and declining inflation rates. This...
Ecuador Invites Bids for Road Maintenance Contract
Ecuador is inviting bids for a road maintenance contract to improve infrastructure. This move opens avenues for companies to engage...
Banco de Chile: Strong Investment Potential in the Financial Sector
Banco de Chile has gained 20.60% since January 17 and offers diverse financial services with a market cap of $13.99...
Pick n Pay Expands Loyalty Programme to Engage FNB Customers
Pick n Pay is expanding its loyalty programme partnership with FNB to attract bank customers and regain market share. The...
India and Mauritius Collaborate for Local Currency Trade
India and Mauritius have signed an MoU for local currency trade, establishing the INR-MUR Local Currency Settlement System to reduce...
Chile’s Current Account Deficit Narrows Significantly in Q4 2024
Chile's current account deficit decreased to $1.78 billion in Q4 2024 from $2.66 billion a year prior. The goods surplus...
Bolivia Inaugurates New Steel Plant to Enhance Economic Self-Sufficiency
Bolivia inaugurated a steel plant financed by a Chinese loan to reduce metal import reliance. The mutun megaproject, costing $546...
RBI and Bank of Mauritius Sign Pact to Use Local Currencies in Trade
The RBI and BOM have signed a pact to use local currencies for bilateral trade, enhancing transaction efficiency and solidifying...
