Ugandan Economy

Ugandan Economy Recovering from COVID-19 Impact Amid Uncertainties

World Bank calls for greener, resilient growth to reduce economic vulnerabilities and poverty The Ugandan economy is emerging from the devastating impact of the COVID-19...
bitcoin Central Bank digital currency Naira Bitcoiners Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

Digital Currency To Kick Off Before End of 2021 – CBN

The Director-Information Technology Department, Central Bank of Nigeria (CBN), Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before...
Nigerian Equity Market brandspurng Stock Recommendations for the Week1

Bullish Sentiment Persists In The Local Bourse, NSE ASI Gains 74bps

At the end of today's trading session, the equities market maintains its bullish form as the benchmark index improves by 0.74% to close at...
Titan Trust Bank Emerges ‘Best Trade Finance Provider’ in Nigeria

CBN appoints Titan Trust Bank to collect export supervision levy

The Central Bank of Nigeria (CBN) has announced the appointment of Titan Trust Bank as one of the designated banks for the collection of...
oil producer oil prices Energy Stocks Soar And Oil Prices Climb

Uganda has potential to become top 5 oil producer in Sub-Saharan Africa in the...

With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce its first oil as early as 2025 and...
currency devaluation Global Banking Sector Market Cap Remittances CBN Rolls the Dice to Tackle Market Liquidity and Dollar Dearth

Trade deficit worsens on the back currency devaluation

Recently, the National Bureau of Statistics (NBS) released the Terms of trade report for Q1-2020. The report showed that total trade increased by 14.1%...
OPEC eases cuts marginally...Oil markets not out of the rout Brandspurng

OPEC adjustments keep prices favourable and maintain the cartels’ relevance

On the 1st of June 2021, the Joint Ministerial Meeting of OPEC and its allies, OPEC+ agreed to extend its Apr-2021 commitment to ease...
NTB primary auction Here is a list of all Microfinance Banks’ USSD Codes in Nigeria. MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38%

NTB primary auction review – Stop rates on 364-day bill down by 1bps

Yesterday, the Central Bank of Nigeria held an NTB primary auction rolling over N93.1bn worth of maturing treasury bills. Investors’ appetite at the auction...
International Breweries

International Breweries’ Q1 2021 Margins Remain Weak Despite Topline Growth

International Breweries recorded double-digit revenue growth of 10% YoY to N38.96bn in Q1 2021 from N35.35bn in Q1 2020 driven by improved sales volume....
public debt 10 goals Nigeria must set herself of achieving over the next 60 years

Nigeria’s total public debt jumps by 15.64% to N33.107trn – DMO

According to Debt Management Office (DMO), Nigeria’s total public debt stock jumped year on year (y-o-y) by 15.64% to N33.11 trillion as at March...
Nigeria’s Rising foreign debt profile brandspurng Any way out

Nigeria Redeems USD642.43 million Foreign Debt in Q1 2021

Nigeria Redeems USD642.43 million Foreign Debt in Q1 2021 According to Debt Management Office (DMO), Nigeria’s total public debt stock jumped year on year (y-o-y)...
Airtel africa

Airtel Africa Announces Final Dividend Currency Exchange Rates

10 June 2021: Airtel Africa, a leading pan-African provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today...