Real Time Financial News Website
Kenya’s retirement benefits sector recorded a remarkable growth in 2025, with total pension assets hitting KSh 2.81 trillion by December, according to the Retirement Benefits Authority (RBA). This represents an…
Nigeria’s economic momentum continued in February 2026, with the Central Bank of Nigeria’s (CBN) composite Purchasing Managers’ Index (PMI) climbing to 56.4 points. This marks the fifteenth consecutive month of…
Ghana’s recent Treasury bill auction has once again exceeded expectations, signaling strong investor confidence in government securities. The Bank of Ghana reported that the government raised GH¢458 million above its…
Domestic investors have been the major force behind Nigeria’s ongoing bank recapitalisation programme, contributing approximately 72% of the total funds raised so far. According to the Central Bank of Nigeria…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that the recent fluctuations in fuel pump prices are a direct outcome of market forces, reflecting the operations of…
The Group of Seven (G7) finance ministers are set to discuss a coordinated release of emergency oil reserves in a move aimed at stabilizing global oil markets. The talks, expected…
Iraq’s oil production has taken a severe hit, dropping by roughly 70% after exports through the strategic Strait of Hormuz were disrupted amid ongoing conflict in the Middle East. According…
The Nigerian stock market continued its upward momentum this week, with the total market capitalisation climbing to N126.43 trillion, according to the latest report from the Nigerian Exchange Limited (NGX).…
The Nigerian Exchange Group (NGX), in collaboration with the Central Securities Clearing System (CSCS) and Women in Management, Business and Public Service (WIMBIZ), will celebrate International Women’s Day 2026 with…
European stock markets are expected to open sharply lower on Monday as escalating tensions in the Middle East push global oil prices higher and shake investor confidence. Market analysts say…
Champion Breweries Plc has announced that it has successfully met the minimum free float requirement for companies listed on the Main Board of the Nigerian Exchange Limited. The development marks…
The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged sharply across Nigeria, sparking concerns over a potential fuel scarcity. As of March 4, 2026, the National…
Amid escalating tensions in the Middle East, Nigeria is witnessing a sharp debate over petrol prices as the Dangote Petroleum Refinery and importers clash over costs. Data from the Major…
The Federal Government has reaffirmed its commitment to delivering tangible results under the African Continental Free Trade Area (AfCFTA), emphasizing that 2026 will focus on implementation rather than policy conceptualization.…
The federal government of Nigeria has introduced new presumptive tax rules aimed at Micro, Small, and Medium Enterprises (MSMEs) nationwide. Announced by the Minister of Finance and Coordinating Minister of…
Manufacturers in Nigeria are eyeing a rebound in access to bank credit after lending to the sector dropped to N7.09 trillion in September 2025, reflecting tight financial conditions throughout the…
Asia-Pacific markets mostly rose on Friday as investors cautiously assessed the impact of escalating tensions in the Middle East on energy supplies. Following a decline on Wall Street, regional markets…
The Nigerian equities market recorded a strong rebound on Thursday, as gains in several medium- and large-cap stocks boosted overall market performance. Data from the Nigerian Exchange Limited (NGX) Daily…
Bitcoin continued trading above $72,000 on Thursday, giving investors a sense of relief after a recent pullback. Yet some market watchers are raising caution, pointing out chart patterns reminiscent of…
The Nigerian stock market witnessed a notable boost yesterday, with the Nigerian Exchange Limited (NGX) gaining N221 billion, driven largely by heightened investor interest in Nestle Nigeria Plc and 32…
The Nigerian naira settled at N1,850 per British pound (GBP) in the official foreign exchange market on Wednesday, maintaining stability as investor confidence grows. Analysts say the psychological milestone of…
The Central Bank of Nigeria (CBN) pulled a record N13.41 trillion from the financial system in January 2026, nearly five times the N2.77 trillion withdrawn during the same month last…
Nigeria’s largest refining facility, the Dangote Petroleum Refinery & Petrochemicals, has assured Nigerians that it will maintain a steady supply of petrol despite turbulence in the global oil market. The…
The Nigerian stock market closed slightly higher on March 5, 2026, as the Nigerian Exchange All-Share Index gained 343.9 points to settle at 196,807.2 points, representing a 0.18% increase from…
Industry experts have stressed that stronger financing frameworks, strategic infrastructure investment, and the adoption of advanced technology are crucial to unlocking Nigeria’s gas potential and expanding domestic utilisation. The Managing…
A surge in global oil prices triggered by the escalating conflict involving the United States, Israel and Iran could bring economic relief to a handful of African oil producers, including…
Oil prices surged sharply on Wednesday as escalating tensions in the Middle East disrupted global energy supplies, sending benchmarks to multi-month highs. Brent crude climbed $2.67, or 3.3%, to $84.07…
Crude oil prices soared on Thursday, reaching $84 per barrel, the highest level in 2026, well above Nigeria’s federal budget benchmark of $64.85 per barrel. Brent crude, the global benchmark,…
Nigerian banks’ lending to the private sector dipped to N75.24 trillion in January 2026, down from N75.83 trillion in December 2025, the Central Bank of Nigeria (CBN) reported. The decline,…
Nigeria is set to officially launch its National Single Window (NSW) digital trade platform on March 27, a move hailed as a major step in modernizing the country’s trade ecosystem.…