Finance in Africa - Money stories in Africa and beyond

Why earnings per share fell 94% at Nigeria’s oldest bank in 2025

Author

Emmanuel Paul

I’m building Finance in Africa, a platform making financial information on banking, insurance, capital markets, and fintech across the continent more accessible and actionable. My work sits at the intersection of journalism, finance, technology and storytelling—with a focus on driving industry insight and professional relevance.

Previously, I was Brand Storyteller at Moniepoint, where I led thought leadership and business storytelling that shaped investor conversations and unlocked partnerships. I also served as Managing Editor at Techpoint Africa, where I directed coverage of Africa’s fintech and innovation economy. I’ve developed industry reports, interviewed global tech and finance leaders, and co-produced events and podcasts that reached hundreds of thousands.

Let’s connect on LinkedIn or Twitter (sorry X), or send tips to emmanuel@financeinafrica.com.

Author

Emmanuel Paul

I’m building Finance in Africa, a platform making financial information on banking, insurance, capital markets, and fintech across the continent more accessible and actionable. My work sits at the intersection of journalism, finance, technology and storytelling—with a focus on driving industry insight and professional relevance.

Previously, I was Brand Storyteller at Moniepoint, where I led thought leadership and business storytelling that shaped investor conversations and unlocked partnerships. I also served as Managing Editor at Techpoint Africa, where I directed coverage of Africa’s fintech and innovation economy. I’ve developed industry reports, interviewed global tech and finance leaders, and co-produced events and podcasts that reached hundreds of thousands.

Let’s connect on LinkedIn or Twitter (sorry X), or send tips to emmanuel@financeinafrica.com.

FirstHoldCo’s shares dip 4.1% after Otudeko $128m stock exit

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After a promising finish to 2025, Egypt’s non-oil private sector slowed in January as weak demand weighed on activity and employment fell at its fastest pace in more than two years, according to the latest Purchasing Managers’ Index (PMI) survey by S&P Global.

Kenya’s annual inflation eased to 4.4% in January from 4.5% in December, marking its slowest reading since August 2025 even as the country contends with severe food shortages brought on by one of the worst droughts in decades.

South Africa’s central bank has kept its repo rate unchanged at 6.75% for the second consecutive time, citing persistent global tensions and concerns that food and electricity price pressures could reignite inflation.

Ghana’s central bank cut its benchmark interest rate by 250 basis points to 15.50% in its first monetary policy action for 2026, citing sharply lower inflation, stronger foreign reserves and improved macroeconomic stability.

Top Stories

Early warning system unveiled as Africa faces $96bn external debt bill

The tool, developed by the Alliance of African Multilateral Financial Institutions (AAMFI), is intended to help regions lenders coordinate support for countries under strain and reduce the risk of protracted disputes during debt restructurings.

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Nigeria has restored economic stability, but growth is still missing

On the news and on paper, the country’s economy is recovering and stabilising, but it appears that people’s bellies and traders’ inventories are yet to see this in reality.

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Nigeria looks to Morocco and Chile as it retools fiscal discipline for 2026

Nigeria’s 2026 fiscal strategy hinges on tighter cash control, selective divestments and PPPs. Global precedents offer hope, but execution risks could test credibility and growth.

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Ethiopia ramps up FX market interventions, sells $640m to banks in January

January’s disbursements, which includes a record $500 million auction, represents 82% of the $780 million sold throughout 2025, highlighting a significant acceleration in the scale of market operations.

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Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Brand Press

Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

You can post on Techpoint Africa too!

Post here

Brand Press

Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Brand Press

Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

You can post on Techpoint Africa too!

Post here

Other highlights

Twenty-nine years on, Zimbabwe’s inflation returns to single digits amid gold rally

Official data show Zimbabwe’s annual inflation slowed sharply to 4.1% in January, from 15% in December and 10.1% a year earlier, as the country’s gold-backed currency strengthened on the back of record bullion prices.

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This EU decision blocked over $40 billion in capital across six African economies

The European Union has lifted its high-risk designation for six African countries, after years in which the listing reshaped how capital moved in and out of their economies.

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China’s lending to Africa shrunk again — here’s why

Over the past decade, China’s lending to Africa has plummeted, with annual commitments falling below $5 billion since 2020, after consistently exceeding $10 billion between 2012 and 2018, as the world’s No. 2 economy increasingly prioritises strategic engagements.

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Uganda joins Ghana, Ethiopia as gold overtakes agriculture in export boom

Central bank data shows Uganda’s gold exports reached $5.8 billion in 2025, representing a 75.8% increase from $3.3 billion in 2024 as record global prices attracted new traders

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