Money

Price Instability Grips Ethiopia Amid Foreign Exchange Rate Reforms

ADDIS ABABA, Ethiopia - Prices in Ethiopia’s capital, Addis Ababa, are spiraling out of control following the government’s introduction of a flexible exchange rate...

Dangote Refinery Urges Nigeria to Enforce Crude Supply Laws for Local Refiners

Lagos, Nigeria -The Dangote Oil Refinery, Africa's largest refinery, has called on Nigeria’s upstream oil regulator to enforce existing laws that require crude oil...

Ethiopia to Launch Securities Exchange in October as Part of Economic Reforms

Ethiopia's securities exchange is slated to begin operations in October, according to the chief executive, as reported by state-affiliated media on Thursday. The establishment...

Is the US Economy Heading for a Recession?

Over the past few days, global stock markets have been experiencing significant declines. Trading screens across the US, Asia, and Europe are filled with...

Wall Street Braces for Steep Decline as U.S. Recession Fears Intensify

Wall Street is poised for a significant downturn as U.S. stock index futures plummeted on Monday, with Nasdaq futures falling nearly 4%, as fears...

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