Real Time Financial News Website
At the 2025 Chartered Institute of Stockbrokers (CIS) National Workshop held at the Presidential Villa in Abuja, key players in Nigeria’s financial sector—led by the Nigerian Exchange Group (NGX) and…
Nigeria’s external reserves experienced a steady rebound over the past month, rising by $200.3 million from $37.738 billion on June 18 to $37.938 billion by July 18, 2025. This represents…
The yield on the 10-year U.S. Treasury note eased slightly on Tuesday, falling over two basis points to 4.342%, as investors exercised caution ahead of the Federal Reserve’s key policy…
U.S. President Donald Trump has announced a landmark trade deal with Japan that slashes tariffs on Japanese auto imports and includes a massive $550 billion Japanese investment and loan package…
Nigeria’s stock market continued its upward momentum on Tuesday following the Central Bank of Nigeria’s (CBN) decision to maintain all key monetary policy rates. The apex bank’s Monetary Policy Committee…
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has revealed that Nigeria could unlock approximately $500 billion from dormant agricultural and mineral resources by transforming them into…
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross Domestic Product (GDP) by the National Bureau of Statistics (NBS). The rebasing…
A critical vulnerability in Microsoft’s SharePoint server software has exposed thousands of organizations to a wave of cyberattacks, after a patch issued by the company failed to fully resolve the…
European corporate earnings are expected to decline slightly in the second quarter of 2025, according to the latest forecasts, amid persistent global trade tensions and the looming threat of U.S.…
The White House is set to release a new artificial intelligence (AI) policy aimed at expanding the global influence of American AI technologies while simultaneously weakening restrictive state regulations within…
The Nigerian Exchange (NGX) is on track for a record-breaking year in 2025, with a turnover of ₦694 billion posted in just the first 14 trading days of July, signaling…
A critical vulnerability in Microsoft SharePoint server software is raising alarms across the global cybersecurity community. The flaw, which affects on-premise SharePoint servers, is being actively exploited by unidentified hackers,…
Aliko Dangote, Africa’s richest man and President of Dangote Industries, has raised alarm over what he describes as deliberate sabotage by international oil traders against the development and operations of…
Marking its 60th anniversary in 2025, the Ghana Cedi stands as a symbol of Ghana’s economic independence since replacing the British pound in 1965. While it has long served as…
The Federal Government of Nigeria has reaffirmed its commitment to achieving a $1 trillion economy by 2030 through a comprehensive investment and industrial policy framework. Speaking at the Domestic Investment…
China has officially started construction on what will become the world’s largest hydropower dam, the Motuo Hydropower Station, located on the Yarlung Tsangpo river in Tibet’s remote Medog County. The…
A new study from Common Sense Media, conducted with NORC at the University of Chicago, reveals that 72% of U.S. teenagers aged 13 to 17 have tried AI companions —…
The Nigerian naira closed the week of July 21st, 2025, weaker against the US dollar, depreciating by 0.14% to ₦1,532.34/$ at the official Nigerian Foreign Exchange Market (NFEM). Despite starting…
Despite a historic N20.1 trillion rally in Nigeria’s equities market in 2025, six publicly listed companies have bucked the trend, shedding an average of 40% of their market value year-to-date.…
Rising NPLs Spark Concern in Nigeria’s Banking SectorAt least eleven commercial banks in Nigeria exceeded the regulatory threshold for non-performing loans (NPLs) in April 2025, according to Mustapha Akinkunmi, a…
The United States has made it clear that it will not rush into finalizing trade agreements ahead of the looming August 1 deadline for increased tariffs. U.S. Treasury Secretary Scott…
The Nigerian Exchange Limited (NGX) began the week on a modestly positive note, as the All-Share Index (ASI) rose by 0.18% or 241.11 points to close at 131,826.77 on Monday,…
Economic Growth Through RebasingThe National Bureau of Statistics (NBS) has rebased Nigeria’s Gross Domestic Product (GDP), shifting the base year from 2010 to 2019. This adjustment reflects changes in economic…
According to the Central Bank of Nigeria’s (CBN) June 2025 Business Expectations Survey, high interest rates have become the most significant threat to Nigerian businesses. The report, released by the…
At the 15th Annual Autism Conference organized by Guaranty Trust Holding Company Plc in Lagos, stakeholders emphasized the need to integrate artificial intelligence (AI) into autism education across Nigeria. The…
Despite a wave of protectionist trade measures from the U.S., Nigeria remained America’s top African crude oil supplier between January and May 2025, exporting $1.34 billion worth of crude oil.…
Foremost Capital Limited, a newly established and SEC-licensed asset management company, has achieved a remarkable milestone by exceeding ₦60 billion in Assets Under Management (AUM) within just six months of…
The Nigerian stock market capped off its strongest week of 2025 as the NGX All-Share Index surged by 5,436.07 points to close at 131,585.66, marking a 4.31% weekly gain. This…
Analysts at Cowry Asset Management have forecast a 30 per cent surge in the Nigerian stock market for the second half of 2025. Their projection is anchored on several positive…
Nigeria’s headline inflation has eased for the third consecutive month, declining to 22.22% in June 2025 from 22.97% in May. This marks a notable 11.97% year-on-year drop from June 2024’s…