Real Time Financial News Website
The conversation around female banking leadership in Africa took center stage in Lagos as the African Women in Banking and Finance Association (AWBFA) held its maiden conference. The event brought…
Stock futures slipped early Monday after a strong, record-setting week on Wall Street, signaling a cautious start as investors shifted their attention to upcoming corporate earnings and global risks. Futures…
The Nigerian capital market ended last week on a strong bullish note, with investors exchanging an impressive 7.77 billion shares valued at N374.04bn on the floor of the Nigerian Exchange…
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has emphasized that West African ports play a crucial role in the stability and survival of the global…
Nigeria’s fixed-income market recorded some of its strongest sovereign returns in recent years during the first quarter of 2026, before a gradual easing cycle began to reduce yields across Treasury…
Oil prices climbed sharply toward $110 per barrel on Sunday, reaching about $109.3 as rising tensions in the Middle East continued to shake global energy markets. According to Oilprice.com data,…
Nigeria’s banking sector is facing renewed scrutiny after a new report by investment banking and research firm Chapel Hill Denham claimed that Central Bank of Nigeria (CBN) regulations are creating…
Nigeria’s currency came under fresh pressure last week as the naira weakened slightly against the United States dollar, settling at N1,371.04/$ in the official foreign exchange market. The 0.7 per…
The battle over fuel importation in Nigeria has intensified after petroleum marketers strongly opposed a fresh lawsuit filed by the Aliko Dangote-owned Dangote Petroleum Refinery seeking to stop the issuance…
As the Central Bank of Nigeria prepares for its crucial Monetary Policy Committee meeting on May 19 and 20, a growing number of Nigerians are calling for relief from high…
European stock markets began the week on a negative note after renewed tensions between the United States and Iran rattled global investors. Markets across the region fell on Monday morning…
Nigeria inflation rises to 15.69% in April 2026, according to the latest Consumer Price Index report released by the National Bureau of Statistics (NBS). The figure shows a slight increase…
CNBC’s Jim Cramer has weighed in on the growing debate around Nvidia’s future in China, saying the company should be allowed to continue selling its advanced AI chips there. Speaking…
Africa’s cement manufacturing industry is on track for significant expansion, with its total market value projected to rise from about $8.7 billion today to $11.71 billion by 2029, according to…
The International Monetary Fund (IMF) has welcomed recent high-level discussions between U.S. President Donald Trump and Chinese President Xi Jinping, describing the renewed engagement between the world’s two largest economies…
South Korea’s stock market took a dramatic turn on Friday as the Kospi index plunged more than 6%, wiping out earlier gains that had pushed it to a record high.…
The Nigerian Exchange (NGX) recorded a mild downturn in trading activities as profit-taking pressure weighed on key market indicators, despite continued interest in select mid- and small-cap stocks. The session…
The Chartered Institute of Stockbrokers (CIS) has reaffirmed its commitment to strengthening Nigeria’s capital market following the election of Jude Chiemeka, Chief Executive Officer of the Nigerian Exchange Limited (Nigerian…
The Nigerian equities market ended trading on a weak note on Thursday, wiping off about N170 billion in investor wealth as a wave of profit-taking hit several mid-cap stocks. The…
The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians over the growing spread of unregistered online investment platforms circulating on social media, many of which it…
Global tensions intensified at a recent BRICS+ summit in New Delhi as Iran called on member states to condemn the United States and Israel over alleged violations of international law.…
The Nigerian Naira has posted a noticeable rebound in the foreign exchange market, strengthening to around N1,853 per British pound, as shifting political tensions in the United Kingdom weigh heavily…
The Nigerian stock market ended trading on a negative note as investors collectively lost about N170 billion following sustained bearish pressure across key equities. The downturn reflects a cautious mood…
The Nigerian National Petroleum Company Limited (NNPC) has come under fresh criticism from industry stakeholders over its reported interest in increasing its stake in the Dangote Petroleum Refinery, with calls…
Nigeria and Germany have entered into a major €365 million development and investment partnership aimed at accelerating economic growth, expanding energy access, strengthening agriculture, and boosting private-sector development in Nigeria.…
Nigeria’s biggest banks ended 2025 with a powerful surge in customer deposits, even as lending activity slowed under tight monetary conditions. Fresh audited financial statements show that First HoldCo, Guaranty…
Nigeria’s fixed income market saw a surge of investor activity as the Central Bank of Nigeria (CBN) recorded a staggering N5.63 trillion in Open Market Operations (OMO) sales within just…
Heirs Holdings has strengthened its reputation as one of Africa’s leading investment groups after three of its subsidiaries earned spots on the prestigious 2026 Financial Times Africa’s Fastest-Growing Companies ranking.…
Nigeria’s pension industry is set for a major investment shift after the National Pension Commission (PenCom) approved a special waiver allowing Pension Fund Administrators (PFAs) to invest in the highly…
Nigeria’s push to attract fresh foreign investment took centre stage at the ongoing Africa CEO Forum in Kigali, Rwanda, as Finance Minister Taiwo Oyedele revealed that President Bola Tinubu is…