Real Time Financial News Website
Telecommunications companies in Nigeria have resumed SIM swap services after a disruption that left millions of subscribers unable to access critical telecom services. Leading providers MTN and Airtel confirmed the…
A critical vulnerability in Microsoft’s SharePoint server software has triggered global cybersecurity alarms, exposing thousands of organizations to potential system breaches. According to cybersecurity experts and U.S. officials, the flaw…
Shares of crypto-linked companies surged on Monday following President Donald Trump’s signing of the GENIUS Act, a landmark bill that establishes the first comprehensive U.S. regulation for stablecoins. This move…
Japan’s financial markets showed only mild reactions following a political shift in the country’s upper house elections. Despite the ruling coalition losing its majority by three seats, Prime Minister Shigeru…
Nigeria’s foreign exchange (FX) reserves grew by $422.16 million last week, bringing the total to $37.85 billion as of July 17, 2025. This marks the second consecutive weekly increase, a…
In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of ₦1.99 trillion. According to data from the Securities and Exchange Commission (SEC),…
China’s central bank, the People’s Bank of China (PBOC), maintained its key lending rates on Monday, keeping the 1-year loan prime rate (LPR) at 3.0% and the 5-year LPR at…
The Bank of Ghana (BoG) has responded to growing concerns within the business sector, particularly from the Ghana Union of Traders’ Association (GUTA), over challenges in accessing foreign exchange (forex)…
Global financial markets remained stable on Monday despite political uncertainty in Japan, where the ruling coalition lost control of the upper house in weekend elections. The yen strengthened slightly as…
Microsoft has issued an urgent alert about “active attacks” targeting its SharePoint server software, which is widely used by government agencies and businesses to share documents internally. The company urged…
The Nigerian equities market is poised to maintain its bullish trajectory, bolstered by heightened investor expectations for robust half-year (H1) corporate earnings. Positive sentiment has surged, leading to increased capital…
The Securities and Exchange Commission (SEC) of Nigeria has announced plans to launch a USSD code system designed to help the public verify the authenticity of capital market operators. This…
The Nigerian equities market has witnessed an extraordinary 10-day winning streak, during which investors collectively gained N6.902 trillion. This surge pushed the market capitalization above the N83 trillion mark, signaling…
Investor activity in Nigeria’s stock market soared last week, especially within the banking sector, following the Central Bank of Nigeria’s (CBN) recapitalisation directive. This resulted in an impressive N500.76 billion…
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has raised an alarm over the surge in banking system liquidity due to high statutory revenue allocations, warning it…
First City Monument Bank (FCMB) has announced a $40 million loan facility to finance the Louisville Phase 1 residential tower, a flagship project by the TotalEnergies Staff Housing Cooperative Multipurpose…
The Nigerian Exchange (NGX) maintained its bullish trend on Thursday, July 17, 2025, with the All-Share Index (ASI) climbing 1.02% to a record 130,283.84 points. Market capitalisation surged by N833…
The Debt Management Office (DMO) has successfully raised N4.27 billion through the Federal Government of Nigeria (FGN) Savings Bonds for July 2025. This reflects a moderate increase from the N4.01…
The Nigerian Communications Commission (NCC) has introduced a new draft General Authorisation Framework (GAF) aimed at accommodating emerging technologies and accelerating innovation in the telecommunications sector. This move comes as…
A new report by UK-based communications firm Column has exposed a significant shortfall in the digital engagement of Nigeria’s cabinet ministers, warning that their lack of presence on major social…
Wall Street posted modest gains on Thursday as encouraging retail sales data and strong earnings from key companies helped buoy investor confidence. The Dow Jones Industrial Average rose by 0.34%,…
Meta CEO Mark Zuckerberg has intensified the AI arms race by launching Meta Superintelligence Labs, a new division formed with elite engineers and researchers recruited from major competitors like OpenAI,…
In the first half of 2025, the Nigerian Exchange (NGX) raised over N4.63 trillion through corporate and sovereign instruments, marking a substantial milestone for Nigeria’s capital market. This capital inflow,…
Professor Kennedy Opara, former Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC) and current Chairman of CSSP Farm, has attributed the persistent depreciation of the naira to Nigeria’s overwhelming…
The Nigerian Communications Commission (NCC), MTN Nigeria, and several key players in the ICT industry have pledged their support for the 21st edition of the Titans of Tech Conference and…
European stocks closed lower on Wednesday following rising political tension in the U.S., where a White House official claimed President Donald Trump is “likely” to fire Federal Reserve Chair Jerome…
Nigeria’s growing reliance on China as its primary import partner has triggered concern among financial analysts and economists. Speaking at the Cowry Quarterly Economic Discourse, Johnson Chukwu, the Group Managing…
The evolution of fintech infrastructure has played a crucial role in transforming the modern trading industry. While the term “fintech” gained traction in the early 2000s, its foundation was laid…
Ghana’s Producer Price Inflation (PPI) dropped sharply to 5.9% in June 2025, its lowest level since November 2023, according to new data released by the Ghana Statistical Service (GSS). This…
Global markets remained steady on Thursday as investors awaited key earnings reports from major technology firms such as TSMC and Netflix, while political uncertainty surrounding U.S. Federal Reserve Chair Jerome…