Bank Plans GSE Listing as BoG Considers Recapitalisation Deadline Extension
The Bank of Ghana (BoG) has revealed that one of the two banks yet to meet the minimum capital requirement…
Month: April 2026
MTN Ghana Gains as Banking Stocks Drag GSE Lower in Quarter-End Trading
The Ghana Stock Exchange (GSE) ended the first quarter of 2026 on a weaker note, as losses in banking stocks…
World Bank Approves $500 Million Loan to Boost Nigeria’s Agriculture Sector
Nigeria’s agriculture sector is set for a major boost following the World Bank’s approval of a $500 million credit facility…
Naira Strengthens as Remittance Reforms Boost FX Liquidity Despite Falling Reserves
Nigeria’s currency, the naira, started April 2026 on a positive note, posting gains across key foreign exchange markets as improved…
Oil Prices Surge Over 6% as Trump’s Iran War Threat Escalates Market Fears
Oil prices jumped sharply on Wednesday, with global benchmark Brent crude rising more than 6%, after U.S. President Donald Trump…
NGX Empowers Students with Investor Protection Education During Global Money Week
The Nigerian Exchange Limited (NGX) has taken a major step toward safeguarding the financial future of young Nigerians by hosting…
Nigerian Stock Market Hits Record N29.8 Trillion Gain in Q1 2026
The Nigerian stock market achieved an unprecedented milestone in the first quarter of 2026, recording a staggering N29.8 trillion gain.…
UAC Nigeria Revenue Hits N341bn Amid CHI Acquisition Drive
UAC of Nigeria Plc has posted a remarkable N340.5 billion in revenue for the year ended 31 December 2025, marking…
Nigerian Stock Market Rebounds: ASI Gains 0.40% Amid Strong Consumer Stock Demand
The Nigerian stock market snapped its recent losing streak on Tuesday as the benchmark All-Share Index (ASI) rose 0.40 per…
Kospi Surges as Trump Signals Potential End to Iran Conflict: Asia Markets Rebound
Asia-Pacific markets surged on Wednesday as optimism grew over a possible end to the conflict in Iran. South Korea’s Kospi…
Afreximbank Leads $4 Billion Funding Boost for Dangote Refinery
The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum…
German Firms Target Nigeria’s €222bn Food Market to Boost Agri-Tech Investment
German companies are ramping up their interest in Nigeria’s burgeoning food sector, projected to reach €222 billion by 2026. Both…
President Tinubu Seeks Senate Approval to Raise 2026 Budget by N9 Trillion
President Bola Tinubu has officially requested the Senate’s approval to raise Nigeria’s 2026 Appropriation Bill by N9 trillion, taking the…
Africa Loses $88 Billion Annually to Illicit Financial Flows – Edun Highlights Urgent Need for Fiscal Reforms
Africa loses an estimated $88 billion each year to illicit financial flows (IFFs), Finance Minister and Coordinating Minister of the…
NNPC to Boost Crude Supply to Dangote Refinery from May Amid Rising Fuel Prices
The Nigerian National Petroleum Company Limited (NNPC) will increase crude oil allocations to the Dangote Refinery starting May, industry sources…
FG Plans to Bridge N9tn Budget Gap with Oil Windfall and $6bn Loans
The Federal Government has requested the National Assembly’s approval for a N9.09tn increase to the 2026 budget, signaling a major…
Salesforce Transforms Slack with AI Makeover: 30 New Features and Smarter Slackbot
Salesforce is taking its commitment to artificial intelligence to the next level, announcing a major AI-focused update for Slack at…
Industry Leaders Raise Concerns Over 6G Readiness as Timelines Accelerate
The telecommunications sector is facing mounting anxiety as the race to 6G accelerates. According to the 2026 DSP Leaders Industry…
High Capital Requirements Undermine Ghana’s Investment Competitiveness – GIPC
Ghana’s investment landscape faces a major hurdle due to high capital requirements, making the country less competitive in West Africa,…
NNPC Increases Crude Supply to Dangote Refinery to Seven Cargoes Amid Rising Fuel Prices
The Nigerian National Petroleum Company Limited (NNPC) has announced an increase in crude oil allocations to the Dangote Petroleum Refinery,…
Naira Weakens to N1,387/$ as Nigeria’s Foreign Reserves Fall to $49.29 Billion
The Nigerian naira weakened slightly to N1,387 per dollar on Tuesday, up from N1,386.75/$ recorded in the previous session, according…
OpenAI Raises $122B in Record Funding Round, Attracts $3B from Retail Investors Ahead of IPO
OpenAI has closed a record-breaking $122 billion funding round at a staggering $852 billion valuation, marking the largest capital raise…
Oil Prices Hover Around $100 Amid Trump Iran Exit Comments and Middle East Tensions
Crude oil prices swung wildly around the $100 mark on Wednesday as investors reacted to U.S. President Donald Trump’s comments…
Nigerian Crude Soars in March as Bonny Light Commands Premium Amid Geopolitical Tensions
Nigerian crude oil marked its strongest monthly performance in March, climbing nearly 58% and approaching $120 per barrel at the…
DMO Hikes FGN Bond Yields, Slashes Allotment to N485.50 Billion Amid Strong Investor Demand
The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government of Nigeria (FGN) bond auction, conducted…
NGX Records Historic N30trn Q1 Gain as Nigerian Stocks Surge to Record Highs
Nigeria’s stock market has delivered a historic performance in the first quarter of 2026, with investors recording a massive N29.83…
Nigeria’s Gas Wealth Attracts Europe Amid Supply Crisis, But Infrastructure Gaps Slow Response
European energy markets are under pressure as supply disruptions from Qatar force countries like Belgium, Italy, and Poland to urgently…