Futureview US Dollar Fund Return Hits 7.42%
Futureview US dollar fund year-to-date return cleared at 7.42%, the financial services company said in an update. Return on the investment stands ahead of FGN 5-Year Eurobond year-to-date yield of 3.42%.
US Fed Chair Powell Maintains Hawkish Stance on Rates
While inflation has slowed, the journey down to 2% is not over and the Federal Open Market Committee will act as needed, Federal Reserve Chair Jerome Powell said in prepared remarks during a live panel discussion at the 24th Jacques Polak Annual Research Conference.
Foreign Investors Dump Nigeria US Dollar Bonds
Foreign investors sold Nigeria's sovereign US dollar bonds in the international debt market due to a shift in risk sentiment. The market price of Eurobonds rose, though later moderated slightly amidst seesaw buying, and selling activities in the market.
UK Returns to Growth on Increase Consumer Spending
The United Kingdom (UK )economy returned to growth in April, helped by consumer spending on bars and pubs, alongside higher car sales, offsetting the impact of strike...
Ghana Slams MTN $773m Tax Bill After Audit
MTN Group subsidiary in Ghana has received a bill for unpaid tax liabilities of about GHS8,209,603,842.14 or $773 million, including
U.S.govt Announces $5m grant to AFDB
U.S. govt. announces $5m grant to AfDB
73,000 evacuated from conflict-hit areas in Ukraine in past month
73,000 evacuated from conflict-hit areas in Ukraine in past month
OPEC+ agrees small oil production cut
OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of an economic slowdown.
EIB President Hoyer Backs Africa’s Climate Adaptation Projects
EIB President Hoyer Backs Africa’s Climate Adaptation Projects
Zambia Gets $1.3bn Lifeline Facility from IMF
Zambia Gets $1.3bn Lifeline Facility from IMF
