Real Time Financial News Website
European share markets fell on Wednesday, weighed down by a global technology selloff and renewed worries over inflation. The pan-European STOXX 600 index dropped 0.26%, while Germany’s DAX slid 0.7%.…
Nigerian banks dominate the Nigerian Exchange (NGX) with a market capitalization of over ₦16.28 trillion, making them some of the most attractive stocks for both income and growth investors. With…
The Central Bank of Nigeria (CBN) has intensified efforts to drive financial inclusion through a comprehensive digital finance strategy aimed at empowering individuals and businesses across the country. With over…
The Ministry of Finance has announced the successful completion of a GH¢9.7 billion coupon payment under the Domestic Debt Exchange Programme (DDEP). According to an official statement, a total of…
Nigeria has taken another step toward boosting foreign direct investment (FDI) as a California-Africa Climate and Economic Partnership delegation engaged with business leaders in Lagos to explore opportunities across film,…
Nigeria is sitting on over 3.5 billion barrels of undeveloped oil and condensate reserves, valued at approximately N341 trillion, according to a new report by the Nigerian Upstream Petroleum Regulatory…
European shares opened higher on Tuesday while oil prices retreated, as investors weighed fresh diplomatic efforts aimed at ending the conflict in Ukraine alongside anticipation of central bank signals from…
Business and technology experts have called on managers to adopt a culture of ethical awareness and continuous learning as Artificial Intelligence (AI) becomes central to modern business operations. They stressed…
The National Pension Commission (PenCom) has suspended the processing of equity contribution applications from seven Primary Mortgage Banks over alleged non-compliance with its housing loan guidelines. The directive, issued in…
Nigeria has solidified its position as Africa’s largest stablecoin market, processing nearly $22 billion worth of transactions between July 2023 and June 2024, according to a new report by Yellow…
The United Kingdom has expressed strong support for President Bola Tinubu’s economic and trade reforms, describing them as bold measures necessary to reposition Nigeria’s economy. British High Commissioner to Nigeria,…
European refiners are facing mounting pressure as Nigeria’s 650,000 barrels per day (bpd) Dangote refinery ramps up production, slashing the continent’s once-dominant gasoline exports to West Africa. Since commencing operations…
The Securities and Exchange Commission (SEC) has announced plans to roll out new regulatory guidelines for forex trading in Ghana, a sector that contributes to the estimated $6.6 trillion traded…
The Ghanaian cedi weakened on the interbank market last week, with market analysts warning that near-term pressures against the U.S. dollar are likely to intensify. According to Databank Research, easing…
The Nigerian naira opened the week weaker at ₦1,533.67 per dollar at the official Nigerian Foreign Exchange Market, according to figures published on the Central Bank of Nigeria (CBN) website.…
OpenAI, the developer behind ChatGPT, has unveiled its most affordable subscription plan in India, introducing ChatGPT Go at just ₹399 ($4.57) per month. The India-exclusive plan, announced on Tuesday, aims…
Asian shares traded flat on Tuesday while oil prices slipped, as investors turned cautious ahead of the U.S. Federal Reserve’s annual Jackson Hole symposium. At the same time, hopes for…
Nigeria is set to host leading global gas investors and industry executives this October as preparations intensify for the 2025 edition of the Gas Investment Forum (GIF). The two-day event,…
The Nigerian Exchange (NGX) kicked off the new trading week on a bullish note as the benchmark All-Share Index (ASI) rose by 0.07 percent, adding 94.27 points to close at…
The Central Bank of Nigeria (CBN) has intensified its push for a digitally empowered economy through a roadmap designed to expand financial inclusion and reduce economic inequality. With over 40%…
Nigeria’s Foreign Exchange Reserves Climb Above $40 Billion Mark Nigeria’s foreign exchange reserves have surged past the $40 billion threshold, hitting $40.16 billion last week. This growth is largely attributed…
European Markets Slip as Traders Brace for Geopolitical and Fed CuesEuropean stock markets edged lower on Monday as investors turned their focus to a high-stakes week of geopolitical and monetary…
Nigeria’s crude oil production exceeded its OPEC quota for the second consecutive month, hitting an average of 1.507 million barrels per day (bpd) in July 2025. According to the latest…
Despite a decline in headline inflation for the fourth consecutive month, the Centre for the Promotion of Private Enterprise (CPPE) has raised alarm over persistent food price hikes and monthly…
In the first half of 2025, Nigerian listed companies returned a staggering ₦927.63 billion in cash dividends to shareholders, marking a significant 30% increase from the ₦715.47 billion paid out…
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised concerns that some Nigerian states may miss out on vital telecom investments and improved connectivity due to unfriendly regulatory…
MTN Nigeria Communications Plc has posted its strongest cash flow performance in a decade, with cash generated from operations rising to N955.6 billion in the first half of 2025, up…
Nigeria is accelerating its ambition to build a $1 trillion digital economy by 2030, driven by a dynamic ecosystem of government initiatives, global tech giants, and innovative startups. With growing…
Currency outside Nigeria’s formal banking sector dropped slightly to N4.49 trillion in June 2025, compared to N4.63 trillion in May, according to the latest data from the Central Bank of…
European markets opened mixed on Monday as investors awaited a high-stakes White House meeting between U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and top European leaders. The pan-European Stoxx…