Nigeria’s Cautious Steps Towards Regulating Its Major Cryptocurrency Market
Nigerian authorities are advancing regulation of the country’s prominent cryptocurrency market, addressing fraud and volatility concerns. Recent SEC approvals of...
Companies
Binance Emerges as Leading Cryptocurrency Exchange in Nigeria Despite Regulatory Challenges
Binance is the leading cryptocurrency exchange in Nigeria, facilitated by its effective peer-to-peer marketplace despite ongoing legal disputes. The exchange...
Absa Group Ltd. Reports Surprising Profit Amid Recovery in South Africa
Absa Group Ltd. reported a profit of 22.06 billion rand, above analysts' expectations due to South African recovery. Interim CEO...
Flutterwave Strengthens Ghana Operations with Inward Remittance Service Approval
Flutterwave has received approval from the Bank of Ghana to provide inward remittance services, underscoring its commitment to enhancing payment...
Petrobras Discovers Significant Gas Reserves at Sirius-2 Well in Colombia
Petrobras announced the completion of a DST at Sirius-2 well off Colombia's coast, confirming significant gas productivity. The find could...
South African Rand Appreciates Amid U.S. Recession Concerns and Budget Anticipation
The South African rand strengthened slightly against a weaker dollar as fears of a U.S. recession loom. Upcoming U.S. inflation...
Revolut Pursues Entry into South African Digital Banking Market
Revolut, valued at $45 billion, is considering entering South Africa’s competitive digital banking market. The company has appointed a Head...
The U.S.’s Struggle Against China’s Dominance in Critical Minerals Market
The U.S. faces significant challenges in competing with China for critical minerals, particularly graphite. Syrah Resources, which aimed to establish...
Kenya Airways to Repay $150 Million to Treasury by Mid-2025
Kenya Airways will repay $150 million to the Kenyan government by mid-2025 as part of a shareholder loan agreement. This...
India’s Retail Investors: A Risky Bet Amid Stock Market Turbulence
Recent declines in the Indian stock market reflect a combination of foreign fund withdrawals exceeding $15 billion and a surge...
