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Nigeria’s biggest banking group sees first profit drop in 6 years

Image of Access Bank Headquarters in Lagos, Nigeria.

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Africa’s risk premium narrows as Nigeria, South Africa, exit FATF grey list

Nigeria, South Africa, Mozambique and Burkina Faso have exited the FATF grey list, marking a breakthrough for Africa’s financial credibility and a reset in the continent’s risk premium.

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Nigerian banks channel $137bn to oil as agriculture, power lose out

Of the $382.3bn disbursed across the economy, oil took 35.7% — more than the combined allocations to five key non-oil sectors, according to data from the central bank

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Mozambique’s foreign reserves hit decade high of $4bn as liquidity improves

Figures from the Bank of Mozambique show reserves rose by 1.25% month-on-month from $3.99bn in July, covering more than three months of estimated import needs for goods and services.

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South Sudan, Ethiopia lead Africa’s weakest currencies in 2025

Across the continent, currency weakness has continued to shape inflation dynamics, import costs, and investor sentiment. For instance, a weaker naira increases import bills and inflationary pressures while signaling economic fragility and lower investor confidence.

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Nigeria’s new pension rule seen unlocking $600m for private equity

The National Pension Commission (PenCom) in September announced that the new regulation applies to Nigerians living and working abroad, as well as employees of foreign companies and international organisations in Nigeria not covered by the Pension Reform Act (PRA) of 2014.

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Ghana’s jollof cost climbs for first time in 3 months despite strong currency

The average cost of preparing a pot of jollof rice for a Ghanaian family of five rose in September 2025, despite the country being among Africa’s five strongest currencies that month, according to a new jollof Index.

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Nigeria’s informal economy is powering a payment system that’s growing without credit

Cash-based merchants are driving digital transfers, but there’s an opportunity to drive credit. The tell tale signs are there.

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Kenyan banks poised for stronger second half as sector momentum builds

Following a tough start to 2025, investor sentiment toward Kenya’s banking sector has turned sharply positive, with analysts projecting a strong second half driven by improving credit growth, stabilising net interest margins, and resilient capital positions.

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