Real Time Financial News Website
In 2025, Ghana’s currency, the cedi, has emerged as the top-performing currency globally, appreciating nearly 50% against the US dollar. Starting the year at around ₵15 to the dollar, the…
The Central Bank of Nigeria’s (CBN) deadline for Bureau De Change (BDC) operators to meet new recapitalization requirements expired today, sparking urgent calls from industry players for a further extension.…
In a move aimed at making its flagship crypto investment product more accessible to everyday investors, 21Shares US announced Monday it will implement a 3-for-1 share split for the ARK…
Google has agreed to invest $500 million over the next decade to revamp its compliance framework as part of a settlement in shareholder litigation accusing the company of antitrust violations.…
Shares in Asia showed modest gains while U.S. futures slipped on Tuesday amid lingering concerns over U.S.-China trade tensions. Investors remained cautious as erratic U.S. trade policies continued to cloud…
The Nigerian Presidency has initiated internal approval processes aimed at resolving the longstanding N2 trillion debt owed to electricity generation companies (GenCos), with hopes of settling the issue before the…
Nigeria’s private sector sustained its growth momentum in May 2025, marking the sixth consecutive month of expansion, according to the latest Stanbic IBTC Purchasing Managers’ Index (PMI). The index posted…
The Nigerian equities market kicked off the week on a positive trajectory as it recorded a N173 billion increase in market capitalisation, driven by renewed investor interest in select large-…
Ghana’s cedi is expected to remain relatively stable in the coming weeks, supported by the imminent release of $370 million from the International Monetary Fund (IMF). This payment represents the…
Nigeria’s foreign exchange reserves have declined significantly in the first four months of 2025, dropping from $40.88bn in January to $38.47bn in May, largely due to falling global crude oil…
The NASD Over-the-Counter (OTC) Securities Exchange recorded a significant surge in trading activity last week, as 551.01 million shares worth N5.14 billion were exchanged in 133 deals. This marked a…
In response to the instability caused by fluctuating petrol prices in Nigeria, fuel marketers are forming strategic partnerships to limit their losses and ensure steady supply across the country. The…
Moody’s Investors Service has upgraded Nigeria’s credit rating from “Caa1” to “B3”, citing meaningful strides in the country’s external and fiscal stability. The international credit rating agency acknowledged that recent…