Nigeria’s currency advanced to the strongest level in six weeks as oil companies in Africa’s biggest crude producer sold dollars to the market. The naira is the continent’s best performer today after the Zambian kwacha and Guinea’s franc. Oil producers, including state-owned Nigerian National Petroleum Corp., are the biggest source […]

Ghana’s central bank kept its benchmark interest rate unchanged, while raising the cash reserve requirement for lenders to help curb inflation and bolster the worst-performing African currency this year. The Monetary Policy Committee left the rate at 18 percent, Governor Kofi Wampah told reporters today in the capital, Accra. That […]

Access Bank Plc has projected to grow its market share on the global trade platform from $4.1bn to $6.4bn. The bank said the development would help it to support trade and project-based financing for its customers. The Head, Small and Medium Enterprise Desk, Access Bank, Mr. Oyediji Atoyebi, stated this […]