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Afreximbank’s A-/Stable Rating Confirmed by Japan’s Credit Rating Agency

Japan Credit Rating Agency, Ltd. has affirmed African Export-Import Bank’s A-issuer credit rating with a stable outlook. The rating reflects JCR’s assessment of Afreximbank’s strong...
Innovation

KaliSpot Launches First 1Net Smart Kiosks in Senegal, Appoints First Distributor for Congo Basin

KaliSpot has announced the deployment of its first 1Net smart kiosks in the Senegalese capital, to bring finance and essential services closer to people...
Business

First Half 2025 Results: Afreximbank Gross Income Reaches $1.6 Billion

African Export-Import Bank Group has released its consolidated financial statements for the six months ended June 30 2025 (H1’2025). Amid heightened geopolitical tensions, persistent inflationary...
Social Impact & Justice

Vanderburgh County Director of Finance Sentenced to Prison for Stealing Public Funds

Regene Newman, 59, of Evansville, has been sentenced to 1.5 years in federal prison, followed by three years of supervised release, after pleading guilty...
Finance

Nigerian Stock Market Loses $237 Million over Profit-taking in Mid-tier Shares

The equities market on Monday continued in a bearish position, with investors losing about N363 billion to sustained profit-taking in several mid-tier stocks. The...
Finance

AfDB’s New President to Prioritise Reforms, Partnerships, African Youths

The new president of the African Development Bank, Sidi Ould Tah, says he will focus on reforms, strengthening partnerships and empowering youths and women...
Finance

UK Summit: Nigeria’s FIRS Chief Asks Global Leaders to Tackle Cross-border Crimes

Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, on Monday, challenged global leaders to tackle the rising cross-border crimes that have...
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