Real Time Financial News Website
European markets opened the week on a positive note after a long-awaited trade deal between the United States and the European Union was struck, lifting major stock indexes. The pan-European…
OpenAI CEO Sam Altman has issued a stark warning that interactions with ChatGPT are not legally protected and could potentially be used in court. Speaking on comedian Theo Von’s podcast…
The Nigerian stock market maintained its bullish run last week, appreciating by N1.81 trillion as investors responded positively to half-year (H1) 2025 earnings reports and declining Treasury bill yields. The…
Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally in the country’s naira-denominated bonds, making them the top performers among emerging markets…
The Nigerian equities market experienced one of its steepest drops in trading volume last week, falling nearly 79 percent to 3.69 billion units, despite a positive price rally. Turnover value…
The Central Bank of Nigeria (CBN) injected $81 million into the Bureau De Change (BDC) segment of the foreign exchange (FX) market last week in a bid to ease mounting…
The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to maintain a tight monetary policy stance in order to safeguard recent progress in reducing inflation. During a…
The Bank of Ghana’s Monetary Policy Committee (MPC) kicked off its 125th regular meeting today, July 28, to assess recent macroeconomic trends and chart the course for monetary policy in…
Despite a marginal decline in Nigeria’s headline inflation rate for the fourth consecutive month, private sector leaders are raising alarms about persistent inflationary pressures, especially in food and core inflation…
As the August 1 deadline for a U.S.-India trade deal approaches—after which tariffs are set to rise to 26%, India remains unfazed. Despite the recent U.S.-Japan trade agreement that put…
Aliko Dangote has called on the Federal Government to expand the Naira-for-Crude policy beyond oil, hailing the initiative as a game-changer for Nigeria’s economy. During a ministerial visit to his…
In a bid to sustain recent gains in price stability and foreign exchange (FX) market calm, the Central Bank of Nigeria (CBN) opted to retain its benchmark interest rate at…
In high stakes move that prevented a looming transatlantic trade war, the U.S. and European Union reached a framework deal to impose a 15% tariff on most EU imports, half…
Chinese artificial intelligence companies have formed two new alliances aimed at creating a robust domestic AI ecosystem, reducing reliance on foreign technology in response to U.S. restrictions on advanced Nvidia…
Global markets responded positively on Monday after the United States and the European Union reached a framework trade agreement that eased tensions and improved investor confidence. The deal imposes a…
Fintech experts in Nigeria, through the Fintech Association of Nigeria (Fintech NGR), have developed a dedicated platform under the banner of Nigeria Fintech Week 2025 (October 7–9) to connect fintech startups…
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of both Kogi and Oyo States at ‘B’ with a Stable Outlook, reflecting their continued fiscal stability despite external challenges.…
The Nigerian stock market maintained its upward trajectory last week, fueled by the Central Bank of Nigeria’s (CBN) decision to retain the Monetary Policy Rate (MPR) at 27.5% and the…
Nigeria’s adoption of digital finance continues to surge as electronic payment transactions rose by 24% year-on-year (YoY) to ₦317.2 trillion in the first quarter of 2025, according to the Nigerian…
Nigeria’s Federation Account Allocation Committee (FAAC) disbursed a record N1.82 trillion in June, bringing the three-month windfall to N4.2 trillion — the highest in the nation’s history. While the dramatic…
Asian stock markets eased on Friday as investors took profits after recent gains, with Japan’s market retreating slightly from record highs. The pullback comes ahead of a critical week packed…
Intel has issued a stark warning to investors: without securing large external customers for its next-generation chip manufacturing process known as 14A, the company may be forced to exit its…
Over 800 tech firms, ranging from industry giants like Huawei and Alibaba to rising startups, are set to gather in Shanghai this weekend for the World AI Conference. The event,…
The Nigerian stock market continued its bullish trend during midweek trading, with a total gain of ₦69 billion in market capitalization. The All Share Index (ASI) rose by 105.70 points,…
The State Interests and Governance Authority (SIGA) has announced plans to revise performance contracts for state-owned enterprises to align with the government’s 24-hour economy initiative. This strategic move is aimed…
The World Bank has announced a major partnership with the Nigerian government to roll out a nationwide 90,000-kilometer fiber optic network aimed at expanding digital broadband access. This ambitious infrastructure…
First City Monument Bank (FCMB) and the International Chamber of Commerce Nigeria (ICCN) Banking Commission have jointly advocated for sustainable trade interventions that empower Nigerian businesses to compete globally. The…
Nigeria’s trade sector experienced a marginal decline in its contribution to GDP in the first quarter of 2025, despite recording slight year-on-year growth. According to the National Bureau of Statistics…
Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, has declared that the government has successfully restored economic confidence within just 200 days of taking office. This statement was made during…
South Africa emerged as Africa’s leading startup investment hub in the first half of 2025, securing $344 million in venture funding, the country’s strongest performance since 2023. According to data…