FX

Morgan Stanley raises Nigeria’s weighting in Frontier Market Index, with standalone decision pending

Nigeria’s weighting on the Morgan Stanley Capital International’s (MSCI) Frontier Market Index rose to 7.9% from 6.5%, following the recent…

Nigeria’s equity market hits 4% in 23-month high

Nigerian stocks hit a 23-month high on Monday, extending last week's rally and helped by gains in cement, fuel retailing…

Angola allows tax payments in foreign currency to cope with FX shortages

Tax payments in Angola can now be paid in foreign currency under the amended general tax law approved by lawmakers…

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