AGP Executive Report
Last update: 10 hours agoCorporate Results: Nigeria’s Aradel Holdings reported a swing to net cash of N532.3 billion and a 703% rise in nine-month EBITDA, helped by higher production after consolidating acquisitions. Crypto Finance: Binance faced $3.64 billion in customer withdrawals after a major hack, while saying it had recovered or covered 95% of the stolen assets. Jobs: KPMG Australia is preparing to cut as many as 400 more staff as weaker consulting revenue and subdued client spending weigh on the firm. Retail Strategy: New Zealand’s Warehouse Group is targeting $100 million in operating profit within three to five years, with store upgrades, improved margins and expansion among its plans. Global Economy: Fitch Solutions expects Ghana’s growth to ease from 5.9% in 2026 to 4.7% in 2027 as inflation rises and credit slows. Development Finance: Pakistan has taken the G-24 chairmanship, pledging to push for stronger representation of developing economies and reforms to global financial institutions.
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