Real Time Financial News Website
Across Africa, a strange economic contradiction is unfolding: countries rich in natural gas reserves continue to suffer widespread energy poverty. Despite holding over 200 trillion cubic feet of gas in…
Nigeria’s oil and gas sector is undergoing a major transformation as local content policies continue to reshape the industry, boosting indigenous participation and reducing reliance on foreign operators. New figures…
A growing mismatch between the skills African workers have and what employers actually need is becoming a major barrier to economic growth, job creation, and business expansion across the continent.…
Investor confidence in Federal Government of Nigeria (FGN) bonds weakened in May 2026, as total subscriptions dropped sharply by 45.6 per cent compared to the previous month. This decline came…
European stock markets opened in negative territory on Wednesday as investors grappled with rising global bond yields, fresh inflation data from the United Kingdom, and heightened geopolitical tensions in the…
Global carbon pricing revenue climbed above $107 billion in 2025, marking another milestone in the worldwide push to reduce greenhouse gas emissions and accelerate the transition to cleaner energy. The…
Financial analysts and economists are widely expecting the Central Bank of Nigeria (CBN) to maintain its current tight monetary policy stance at its upcoming Monetary Policy Committee (MPC) meeting, as…
The Federal Government has launched a new free tax dispute resolution system in Nigeria, allowing taxpayers to resolve issues without paying legal or administrative fees. The initiative is being driven…
Nigeria’s monetary policy direction is once again in focus as the Central Bank of Nigeria (CBN) prepares for its Monetary Policy Committee (MPC) meeting scheduled for Tuesday, May 19, 2026.…
Nigeria’s ambitious $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project is being described as a game-changer that could reshape the country’s industrial and economic future. Energy expert and member of the…
Analysts are widely expecting the Central Bank of Nigeria (CBN) to keep its Monetary Policy Rate (MPR) unchanged at 26.5% during its 305th Monetary Policy Committee (MPC) meeting scheduled for…
Asia-Pacific financial markets traded in a mixed pattern on Tuesday as investors reacted to easing oil prices and renewed geopolitical uncertainty following U.S. President Donald Trump’s decision to delay a…
Nigeria’s banking sector is once again turning to government securities as a safe haven, with commercial banks increasingly channeling excess liquidity into high-yield Treasury bills amid weak private-sector lending opportunities…
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to tread carefully on further interest rate increases, warning that additional monetary tightening…
Rank Capital has earned a spot on the Financial Times’ list of Africa’s fastest-growing companies, ranking seventh among fintech firms on the continent, sixth in Nigeria, and 12th overall. The…
European stock markets climbed on Tuesday as investors reacted positively to easing geopolitical tensions in the Middle East and major corporate developments across the region. The pan-European STOXX 600 index…
After successfully raising a combined N4.65 trillion to meet the Central Bank of Nigeria’s (CBN) recapitalisation requirements, Nigerian banks are now under renewed pressure to prove that their expanded balance…
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…
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…
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…
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…
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…
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 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…
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…
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 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…
Rising uncertainty in global trade and the increasing fragmentation of supply chains may be creating risks for many developing economies, but the World Bank believes Ghana is in a strong…