Real Time Financial News Website
Nigeria’s stock market experienced its worst month on record in June 2026, with investors losing a staggering N13.29 trillion in market value amid a widespread selloff across the Nigerian Exchange…
Nigeria’s money market is expected to receive a significant boost this week as approximately N500 billion from maturing Open Market Operation (OMO) bills flows back into the banking system. The…
Wall Street is preparing to close out the first half of the year on a strong note, with U.S. stock futures rising Tuesday after the Dow Jones Industrial Average reached…
Ethiopia has taken a major step toward resolving its long-running debt crisis after reaching a preliminary agreement with key bondholders to restructure its defaulted $1 billion international bond. The deal,…
Nigeria’s recent surge in oil revenue may appear to signal a stronger economic outlook, but analysts are warning that the gains could prove temporary if the country fails to prepare…
Nigeria’s Debt Management Office (DMO) has announced an ambitious Federal Government of Nigeria (FGN) Bond issuance plan worth approximately N4 trillion for the third quarter of 2026, signaling continued efforts…
Tanzania is set for a new wave of industrial and infrastructure development following high-level talks between President Samia Suluhu Hassan and Africa’s richest businessman, Aliko Dangote. The meeting, held at…
The Federal Executive Council (FEC) has approved a massive financing package worth approximately $2.96 billion, €200 million and N215 billion to fund key projects across transportation, agriculture, power, infrastructure and…
Africa’s digital economy is entering a transformative phase, and Flutterwave’s latest milestone is offering a glimpse into just how far the continent has come. The African fintech giant announced that…
The Nigerian stock market delivered an exceptional performance in the first half of 2026, with investors gaining a remarkable N46.6 trillion as confidence in ongoing economic reforms continued to strengthen.…
The Federal Government has directed petroleum marketers to reduce the pump price of petrol in line with the recent decline in global crude oil prices, signaling a stronger commitment to…
Nigeria’s equities market endured another painful trading session on Monday as investors lost an estimated N2.35 trillion following a broad-based selloff that sent the Nigerian Exchange (NGX) All-Share Index tumbling…
Nigeria’s trade relationship with the United States took a significant turn in the first quarter of 2026, as demand for Nigerian goods in the American market declined sharply while imports…
The Nigerian equities market came under renewed pressure last week as persistent sell-offs wiped billions of naira from investors’ portfolios, prompting market analysts to advise caution and a stronger focus…
Nigeria’s growing debt burden is raising fresh concerns among economic analysts after debt servicing costs consumed nearly 72 per cent of federally generated revenue in the first nine months of…
Nigeria’s journey toward sustainable economic growth depends heavily on the successful implementation of economic reforms and the strengthening of institutions, according to Chairman of NGX Group Plc, Dr. Umaru Kwairanga.…
U.S. stock futures climbed sharply on Monday as investors welcomed signs of renewed strength in technology shares and a temporary halt in hostilities between the United States and Iran. Dow…
Nigeria’s foreign exchange market closed June on a strong note as trading activity surged sharply in the final week of the month. New data from FMDQ Securities Exchange Limited revealed…
Nigeria’s digital economy is poised for a major boost as the Central Bank of Nigeria (CBN)’s new data localisation policy is expected to unlock billions of dollars in digital infrastructure…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPC Ltd) to hasten the completion of its proposed Technical Equity Partnership with…
U.S. Treasury yields showed little movement on Monday as investors adopted a cautious stance ahead of a series of important labor market reports expected later this week. Market participants are…
Nigeria’s trade relationship with the United States took a dramatic turn in the first quarter of 2026 as exports to the American market plunged by N365.64 billion, even as imports…
Asian stock markets started the week on a positive note as investors welcomed reports that the United States and Iran had agreed to stop attacking each other following a tense…
The Nigerian Exchange (NGX) recorded a sharp decline in trading activity last week, with total market turnover falling by 47.18 percent to N134.49 billion as investors adopted a more cautious…
Seplat Energy Plc has reinforced its reputation as one of Nigeria’s leading energy companies after clinching two prestigious awards at the Nairametrics Capital Market Awards 2026. The indigenous oil and…
Artificial Intelligence (AI) and Machine Learning (ML) are rapidly reshaping Nigeria’s electricity industry, with the Niger Delta Power Holding Company (NDPHC) leading the adoption of cutting-edge technologies aimed at improving…
Nigeria’s stock market could face a turbulent second half of 2026 as investors prepare for the highly anticipated Dangote Refinery IPO while political activities ahead of the 2027 general elections…
Nigeria’s foreign exchange market recorded a significant boost in trading activity as total turnover on the FMDQ Exchange climbed to $2.84 billion for the week ended June 26, 2026. The…
As Nigeria edges closer to the 2027 general elections, financial analysts are increasingly convinced that the Central Bank of Nigeria (CBN) will maintain its cautious monetary policy stance, keeping interest…
Nigeria’s crude oil export earnings surged to an estimated N20.22 trillion in the first five months of 2026, highlighting the country’s continued dependence on the oil sector as a major…