Your daily market briefing

Loonie weakens after Fed hike as dollar gains on hawkish outlook

U.S. 10-year yield surges past 5% to highest since 2007 on Fed rate hike bets

The Central Bank of Nigeria (CBN) repaid a combined N3.81 trillion into the banking system across September 15 and 16, 2026, boosting banking system liquidity by 131% to N4.891 trillion parked with the apex bank through the Standing Deposit Facility (SDF) on September 16 alone. The post CBN injects N3.8 trillion in two days, boosting system liquidity to N4.89 trillion appeared first on Nairametrics.

Nigeria closes $550M power-sector bond to clear legacy GenCo debt Dealroom

Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investors AP News

Bessent calls US yen intervention "nominal," defends trade

Real estate operators risk sanctions as SCUML, REDAN tighten anti-money laundering compliance The Sun Nigeria

Canada’s inflation picture is getting complicated — what analysts see ahead

Next Africa: IPO Catapults Nigeria's Dangote Up the Ranks of Ultra-Wealthy

Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investors ABC News - Breaking News, Latest News and Videos

Nigerian Inflation Unexpectedly Eases, Boosts Rate-Cut Case

Moneda Investment Limited has raised N6 billion through its Series 1 Commercial Paper issuance, exceeding its initial N5 billion target by 20% under its N30 billion Commercial Paper Programme. The transaction, which represents the first issuance under the programme, recorded 120% subscription, with investor demand allowing the company to increase the amount raised by N1 […] The post Moneda raises N6 billion as investors oversubscribe commercial paper by 20% appeared first on Nairametrics.

Gold, Nigeria and a new home: the month that changed Grace Nweke Newsroom

Nigerian banking stocks have rallied strongly in 2026, adding more than N11 trillion in market value in less than nine months. The post Nigerian banks trade at discount to African peers despite 68% surge appeared first on Nairametrics.

Bank of Canada saw elevated inflation risks at September meeting, minutes show

OpenAI explores Canada investment opportunities under Carney

Morgan Stanley now sees ECB delivering a rate hike in December

The trust dividend: Inside Hontar Projects’ rise in Nigerian real estate Business News Nigeria

US data centers to use more natural gas than most countries - report

Nigeria Fintech Week expands to three cities as industry enters new digital phase Business News Nigeria

Why Fed pricing may be turning too hawkish

Warsh’s Fed expected to hike rates 25bp as dot plot takes center stage

Kenya's empty-container crisis is resurfacing as Mombasa's peak season approaches, with slow evacuation and shipping disruptions threatening to strain the inland logistics chain.

EBRD, Co-operative Bank support growth of Kenya’s local-currency market Africa Business Communities

Artificial intelligence is advancing faster than regulation and safety measures.

KMRC chief finance officer Nyale Yanga called for the use of alternative credit scoring models that consider non-traditional data such as rental payments or utility bills to assess creditworthiness

Fed Chair Kevin Warsh said the move was because "inflation is too high and has been for too long", adding that it was a "sober" and "responsible decision".

East Africa’s largest economy joins African countries banning raw mineral exports and plans 3 gold refineries Business Insider Africa

Mortgage lenders look beyond payslips to expand Kenya's housing market standardmedia.co.ke

Ruto announces plan to ban export of unprocessed gold from Kenya peopledaily.digital

The warning came in the WTO's annual flagship publication, World Trade Report 2026: A Critical Juncture for the World Trading System, which examines the achievements of the multilateral trading system over the past 80 years and the challenges it now faces.

Ruto: Kenya to stop export of unprocessed gold the-star.co.ke

Financial institutions are still hesitant to invest in the country's blue economy despite the huge potential in the special economic zone (SEZ) and trade route.

EBRD supports growth of Kenya’s local-currency market EBRD

Eastern Africa advances $1.6bn power-trade push with Ethiopia set to double Kenya exports IntelliNews

Shah said Bidco was seeking US dollars to pay for imports of raw materials when his friend and business associate, Nicholas (Nik) Nesbitt, offered to help the company access the currency.

Borrowing capacity is what a lender is willing to give you. Debt capacity is what your cash flow can absorb without breaking the business that is supposed to repay it.

Kenya is looking to deepen its capital markets and attract more domestic and regional investment into infrastructure and businesses as African countries seek alternatives to external borrowing.

Kenya Claims Gold at Global AgriInno Challenge 2026 in Hangzhou 中国科技网

Kenya In Talks With Dangote Group For $20B Lamu-Turkana Crude Pipeline megaproject.com

Recently, residents of the Mukuru slums in Nairobi, who had subscribed to the affordable housing programme, cried out that the units they paid deposits for were being allocated to strangers.

Ordinary savers mostly hold positive balances and call that safety. The largest holders of wealth usually run negative ones, debt dwarfing anything in savings.

The reserves, up from 14.88 billion dollars on Sept. 3, now cover 6.3 months of imports, compared with 6.1 months a week earlier, the central bank said in its weekly bulletin released Friday.

Kenyan traders and manufacturers will have access to longer-term dollar loans at more predictable costs under a new $100 million (Sh12.97 billion) funding programme by the EBRD.

NAIROBI, Kenya Sep 14 – The Energy and Petroleum Regulatory Authority has retained fuel prices unchanged for the next 30 days. In it’s monthly review, in Nairobi, Super Petrol will…

Kenya: A small village takes on an oil giant ehn.org

Bank loans for cars, gadgets overtake real estate lending in Kenya Mjengo Hub

The Australian High Commission in Kenya has launched the Australia East Africa Chamber of Commerce to bring together Australian and East African businesses to explore trade opportunities.

Situated at the heart of the Yangtze River Delta economic region, the Ningbo Zhoushan Port in Zhejiang Province boasts a topological advantage, as it is at the spot mainland meets the Pacific Ocean.

The consortium held its inaugural stakeholder meeting in Nairobi on Tuesday, bringing together pension funds, fund managers, stockbrokers, investment banks, insurers, custodians and other capital markets players.