Afroconomy : The Pulse of Africa Across All 54 Nations - Afroconomy
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Nigeria inflation23.0101 percent
South Africa inflation3.2055 percent
Kenya inflation4.0691 percent
Ghana inflation14.2047 percent
Naira1,330.27 NGN per USD+0.18%
Rand16.2605 ZAR per USD-0.39%
Shilling129.53 KES per USD-0.03%
Cedi11.4406 GHS per USD-0.06%
Egyptian pound52.137 EGP per USD-0.1%
Dirham9.4901 MAD per USD+0.32%
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US Rate Hike Threatens Naira as Investors Eye Safer Dollars

Government Borrowing Squeezes Nigeria's Private Credit Market

Nigeria’s tilting dependence on domestic borrowing is creating an increasing contest for bank credit, raising anxieties that government’s capacity to offer attractive yields on its securities could inhibit the flow of affordable credit

Via Nairametrics1 min read
Fitch Affirms Morocco's BB+ Rating With Stable Outlook

Fitch Affirms Morocco's BB+ Rating With Stable Outlook

Fitch Ratings has affirmed Morocco’s Long-Term Issuer Default Rating at BB+ with a Stable Outlook, citing the Kingdom’s sound macroeconomic policies, adequate external liquidity buffers and strong support from official creditors. The af

Via North Africa Post1 min read
NASD Appoints Arese Ugwu as Acting Managing Director

NASD Appoints Arese Ugwu as Acting Managing Director

The National Association of Securities Dealers (NASD) has announced the appointment of Mrs. Arese Ugwu as its new Acting Managing Director. The post NASD appoints Mrs. Arese Ugwu as new Acting Managing Director appeared first on Nairametric

Via Nairametrics1 min read
Nigeria's Best Performing Equity Mutual Funds in August 2026

Nigeria's Best Performing Equity Mutual Funds in August 2026

Nigeria's equity mutual fund segment pulled back to a net asset value (NAV) of N230.50 billion as of August 28, 2026, down 4.51% from N241.38 billion recorded at the end of July, as renewed market volatility eroded part of the gains recorde

Via Nairametrics1 min read
Copper price rises 0.51% on international markets

Copper price rises 0.51% on international markets

The price of a tonne of copper had also risen during the week of September 7–12, 2026, reaching $14,461.25, compared with $14,350.20 the previous week, an increase of 0.77% per tonne.

Via Africanews1 min read