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Finance
Ghana Must Strengthen Domestic Bond Market to Reduce External Borrowing – Terkper
In a recent address at the PricewaterhouseCoopers (PwC) 2025 Budget Digest Forum, Presidential Advisor on the…
CBN Approves Greenwich Holdings Structure to Strengthen Financial Group’s…
The Central Bank of Nigeria (CBN) has granted approval for the establishment of Greenwich Holdings Limited as the…
UK-listed Savannah Energy Acquires Nigerian Oil Assets for $35 Million to Boost…
Savannah Energy, a UK-listed independent energy company, has successfully completed its acquisition of Sinopec…
Bearish Market Opening: Investors Lose N7.8bn as ASI Drops 0.15%
The Nigerian stock market started the week with a bearish performance, as the All-Share Index (ASI) dipped by…
Naira Depreciates Amid Global Trade War and Forex Outflows: CBN Intervenes to…
The ongoing trade tensions between the United States and several countries, including China and the European…
Parthian Capital Launches Funds to Drive Nigeria’s $1 Trillion Economy Vision
Parthian Capital Limited has unveiled two new investment funds aimed at supporting Nigeria's goal of becoming a $1…
Nigeria’s FX Reserves See Modest Rebound with $12.06M Increase Amid Ongoing…
Nigeria's gross foreign exchange (FX) reserves have seen a slight recovery, rising by $12.06 million to $38.36…
Bank of Ghana Appoints New Board of Directors to Tackle Economic Challenges
The Bank of Ghana has officially inaugurated a new Board of Directors to address the nation’s economic challenges…
Ghana Faces GHS 55 Billion Financial Crisis at BoG, ECG, and COCOBOD – Ato Forson…
Finance Minister Dr. Cassiel Ato Forson has revealed that the Bank of Ghana (BoG) is facing a critical financial…
Stocks Decline as Trump’s Tariffs Weigh on Market Sentiment, Gold Nears Record…
Asian stocks saw a dramatic reversal on Thursday, slipping from initial gains into losses due to concerns over the…
CBN Leadership Overhaul Aimed at Boosting Efficiency and Productivity
The Central Bank of Nigeria (CBN) has appointed 16 new directors as part of a strategic overhaul to improve its…
Stock Markets Tumble in Nigeria and US Amid Global Uncertainty
The Nigerian stock market experienced a sharp downturn on Tuesday, with investors losing N285 billion, or 0.43…
Telcos Boost Investments to Meet Surging Data Demand in Nigeria
Telecommunication giants MTN Nigeria and Airtel Africa have ramped up their investments in network infrastructure…
Economist Criticizes Ghana’s 2025 Inflation Goal as Too Ambitious Despite Recent…
Economist Professor Patrick Asuming has expressed concerns over the government’s 2025 inflation target of 11.9%,…
Nigeria’s ₦54.99 Trillion 2025 Budget Faces Revenue and Debt Challenges
Nigeria has unveiled its largest budget in 65 years, with a proposed ₦54.99 trillion for 2025, marking a 56.89%…
FG Expands Bond Listings with Over 900 Million Units on Nigerian Exchange Limited
The Federal Government of Nigeria has expanded its bond listings with an additional 910.3 million units of its…
Nigerian Equity Market Opens Week with N52bn Gain
The Nigerian stock market began the trading week on a positive note, with a notable increase in market…
CBN Strengthens Operations with New Director Appointments and Strategic Vision for…
The Central Bank of Nigeria (CBN) recently appointed 16 new directors to enhance its operations and regulatory…
Fitch Assigns Negative Outlook to Adani Energy Amid U.S. Probe Risks
Fitch Ratings has placed a negative outlook on Adani Energy Solutions Limited, citing concerns over corporate…
CBN Aims for Single-Digit Inflation with Forex Stability Measures
The Central Bank of Nigeria (CBN) has been working diligently to stabilize the foreign exchange (forex) market,…
Nigeria’s Economic Recovery Gathers Momentum Amid Positive Indicators
Nigeria’s economy is showing encouraging signs of recovery, driven by positive macroeconomic indicators such as…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence.…
Naira Stability Outlook Strong as CBN Maintains FX Market Interventions
The Central Bank of Nigeria (CBN) is expected to maintain the stability of the naira in the coming weeks through…
Nigerian Money Market Liquidity Rebounds in February, Likely to Sustain Bullish…
In February 2025, the Nigerian money market witnessed a notable improvement in system liquidity, reaching N572.8…
NGX Group Sees 157.3% Surge in Profit, Reaches Record N13.6 Billion for 2024
NGX Group has reported a significant profit before tax (PBT) of N13.6 billion for the year ending 31 December…
CBN Enhances Financial Oversight to Strengthen Compliance with Global Banking…
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to reinforcing the nation's financial sector by…
Capital Market Key to Nigeria’s Economic Stability, Says Shettima
Vice President Kashim Shettima has highlighted the crucial role of Nigeria’s capital market in ensuring economic…
Net Foreign Exchange Inflows Surge by 44% to $41.89 Billion in 2024
The net foreign exchange inflows into Nigeria's economy increased by 44.8% year-on-year, reaching $41.89 billion…
Foreign Investment Outflow Hits N20.19bn in January, Threatening Market Stability
In January 2025, Nigeria’s stock market faced a significant challenge with a net foreign investment outflow of…
US Stock Futures Surge as Trump’s Tax Cut Plans Advance
U.S. stock futures saw a significant rebound on Wednesday following House Republicans' progress on Donald Trump’s…