Real Time Financial News Website
Thousands of Nigerian taxpayers were left stranded on Monday after technical glitches crippled the Federal Capital Territory Internal Revenue Service (FCT-IRS) online portal, disrupting last-minute attempts to file annual tax…
Just one month into the Iran war, ordinary people around the world are already paying an extraordinary price for fossil fuels. A new analysis by 350.org estimates that soaring oil…
Nigeria’s banking sector has grown significantly following the Central Bank of Nigeria’s (CBN) sweeping recapitalisation drive, which strengthened balance sheets and bolstered financial buffers across the industry. Over the past…
Nigeria’s capital market regulator, the Nigerian Exchange Limited (NGX), has sanctioned five stockbroking firms for engaging in market manipulation, imposing a total fine of N291.29 million alongside corrective measures aimed…
Ghana is aiming to reduce its borrowing costs as it re-enters the domestic debt market with a new seven-year cedi-denominated bond, setting an initial pricing guidance between 12 and 12.5…
European markets are set for a mixed opening on Tuesday, as investors remain cautious over ongoing geopolitical tensions in the Middle East. Uncertainty surrounding a possible resolution to the Iran…
The Nigerian equities market closed the week ending March 27, 2026, on a slightly negative note, slipping 0.12% to 200,913.06 points. This decline of 243.8 points ended a three-week winning…
Analysts and tax professionals at the 20th Annual Tax Week have hailed Nigeria’s 2025 tax reforms as a key driver for economic growth. The conference, themed “Nigeria’s Evolving Tax Landscape:…
Nigeria’s insurance sector continues to face a paradox: strong growth rates but minimal contribution to the country’s gross domestic product (GDP). According to the latest data from the National Bureau…
Civil society organisations in Nigeria are calling for full transparency over the recent reported agreement on the controversial OPL 245 offshore oil block. The Human and Environmental Development Agenda (HEDA…
Small and large businesses across Nigeria are experiencing lower production costs and improved operational efficiency, thanks to the Bank of Industry’s (BOI) N825 million green financing initiative. The fund supports…
Licensed customs agents have raised alarms over what they describe as the duplication of the National Single Window (NSW) system in both the Nigeria Customs Service Act 35 of 2023…
Foreign capital inflows into Nigeria’s banking sector hit $13.53 billion in 2025, marking a remarkable 93.25% increase from $7.00 billion recorded in 2024. Analysts attribute this surge to banks intensifying…
Kenya’s government is intensifying investment in Technical and Vocational Education and Training (TVET) to cultivate a skilled workforce ready to compete in both national and international labour markets. According to…
ZEN Petroleum Holdings PLC is set to make a major impact on the Ghana Stock Exchange (GSE) after securing a fully subscribed GH¢640 million initial public offering (IPO). The offering,…
The Nigerian stock market is poised for mixed trading in the coming days, with investors increasingly focusing on large-cap, high-liquidity stocks to guide market direction. After last week’s mild decline,…
Champion Breweries Plc has taken a major step to strengthen its financial footing by listing a N30 billion Series 1, 5-Year, 19.50% Senior Unsecured Fixed Rate Bond on FMDQ Securities…
Nigeria’s financial system entered 2023 under intense pressure, with a weakening naira, rising inflation, and dwindling investor confidence threatening a full-blown banking crisis. Once Africa’s largest economy, Nigeria had dropped…
Soaring fuel prices linked to the ongoing US-Iran conflict are pushing food prices higher across Nigeria, hitting households already struggling with poverty and food insecurity. Residents in states like Ogun,…
Nigeria’s currency, the Naira, recorded its second consecutive weekly decline against the US dollar, closing at N1,380.58 in the official foreign exchange market on Friday. Despite minor daily gains, the…
The Federal Government of Nigeria is ramping up efforts to expand electricity access, aiming to connect 5.2 million Nigerians by June 2026 under a $750 million intervention backed by the…
The United States sharply reduced its imports of Nigerian crude oil in January 2026, marking a nearly 50% drop compared to December 2025, according to data from the U.S. Census…
European markets started the week on a cautious note, slipping into negative territory on Monday as investors reacted to the escalating conflict involving Iran. Now entering its fifth week, the…
Despite a recent price reduction by the Dangote Petroleum Refinery, petrol price in Nigeria has remained stubbornly high, with marketers across Lagos still selling Premium Motor Spirit (PMS) at N1,300…
Ghana’s efforts to take control of the Damang gold mine from Gold Fields and shift it to local ownership are testing more than the mining sector—they are probing state capacity,…
Africa has emerged as the only global region to grow private capital deal activity in 2025, completing 530 transactions—a year-on-year increase of eight per cent. The continent’s resilience stands out…
Debt financing for African startups has surged from less than $300 million in 2021 to $1.2 billion in 2025, marking a significant shift in how startups access capital. Institutional investors…
The NNPC/Seplat Joint Venture (JV) has made a remarkable impact on the health and well-being of residents in Imo State through its signature Corporate Social Investment programme, ‘Eye Can See’.…
Nigeria’s ongoing power sector reforms are yielding tangible results, attracting $2 billion in fresh investment and cutting government liabilities to N146 billion. The Minister of Power, Adebayo Adelabu, disclosed this…
Netflix is raising its subscription prices again, affecting all tiers of its streaming service. The company confirmed to TechCrunch that its most affordable, ad-supported plan will now cost $8.99 per…