Nigeria Eurobond Yields Hit 3-Year Low as Investor Confidence Surges on Economic Reforms
Nigeria’s Eurobond yields are nearing their lowest levels in three years, a development driven by strong investor confidence in the…
Category: Finance
Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure Mount
The Federal Reserve is expected to maintain current interest rates following its meeting this week, echoing the stance taken in…
Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor Confidence
Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally in the country’s…
Bank of Ghana’s MPC Convenes to Set Economic Tone Amid Signs of Stability
The Bank of Ghana’s Monetary Policy Committee (MPC) kicked off its 125th regular meeting today, July 28, to assess recent…
SEC Embraces Quantum and Blockchain to Transform Nigeria’s Capital Market
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed the Commission’s commitment to leveraging cutting-edge technologies…
Nigeria’s Economy Rebounds: Edun Hails Rebasing and Q1 2025 GDP Growth as Signs of Inclusive Takeoff
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has praised the rebased Gross Domestic Product…
African Sovereign Wealth Funds Rise as Pillars of Infrastructure and Economic Stability — NSIA CEO
Sovereign wealth funds (SWFs) across Africa are emerging as powerful tools for capital mobilisation, strategic investments, and long-term economic resilience,…
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross Domestic Product…
Market Boom Masks 40% Stock Crash: Six Nigerian Firms Buck N20 Trillion Rally
Despite a historic N20.1 trillion rally in Nigeria’s equities market in 2025, six publicly listed companies have bucked the trend,…
Nigerian Mutual Funds Surge by ₦1.99 Trillion in H1 2025, Driven by Money Market Investments
In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of ₦1.99 trillion.…
CBN Recapitalisation Sparks N500bn Surge in Bank Stocks on NGX
Investor activity in Nigeria’s stock market soared last week, especially within the banking sector, following the Central Bank of Nigeria’s…
Fitch Expects BoG to Hold Policy Rate at 28% Amid Easing Inflation, Eyes Potential Cuts by September-GHANA
Fitch Solutions anticipates that the Bank of Ghana (BoG) will maintain its benchmark policy rate at 28% during an emergency…
Naira Hits 4-Month High at N1,518/$ as CBN Interventions and Oil Output Boost Confidence
The Nigerian naira rallied to its strongest level since March, closing at N1,518 per dollar on the official foreign exchange…
Tariff Pressures Rattle Markets as U.S. Inflation Data Clouds Fed Rate Outlook
U.S. consumer price data released on Tuesday showed signs that tariff-related inflation is starting to take hold, sending Wall Street’s…
Crypto Crackdown or Come-Up? New Nigerian Regulations Could Make or Break Industry Players
Nigeria’s newly updated Investment and Securities Act (ISA) of 2025 officially recognizes cryptocurrencies and other virtual assets as securities, marking…
Traders Maintain Bets on September Fed Rate Cut Despite June Inflation Rise
Traders are holding steady on their expectations that the Federal Reserve will begin cutting short-term interest rates by September, even…
DMO Opens July FGN Savings Bond Offer with Up to 16.762% Interest Despite Slight Rate Drop
The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 issuance of the Federal Government…
Gambia Embraces Nigeria’s NAICOM Framework to Bolster Insurance Regulation
A high-level delegation from the Central Bank of The Gambia, led by Nyang Medeleine Gomez, has adopted Nigeria’s National Insurance…
Nigeria’s Business Activity Hits 7-Month Low Amid Reforms and Inflation Struggles
Business activity in Nigeria’s private sector weakened in June 2025, hitting its lowest level in seven months, according to Stanbic…
Currency in Circulation Hits N5.01 Trillion in May as Cash Outside Banks Grows to N4.63 Trillion
Currency in circulation (CIC) in Nigeria rose slightly to N5.015 trillion in May 2025 from N5.003 trillion in April, according…
Ghana Makes Debt Deal Strides as Finance Minister Concludes Landmark China Talks
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has wrapped up high-level discussions in China, signaling a significant breakthrough in the…
Analysts Call for Review of Ghana’s 3% Flat Tax for Small Businesses Amid New Tax Scheme Rollout
Tax analysts in Ghana are urging the Ghana Revenue Authority (GRA) to reconsider the 3% flat tax rate applied to…
Shareholders Oppose Law Mandating Transfer of Unclaimed Dividends to CBN
Shareholders under the Independent Shareholders Association of Nigeria (ISAN) have strongly opposed the new legislation passed by the National Assembly…
Banks’ Deposits with CBN Surge 730% to N67.72trn, Reflecting Excess Liquidity Amid Economic Uncertainty
In the first half of 2025, Nigerian banks’ deposits with the Central Bank of Nigeria (CBN) soared to N67.72 trillion,…
FCMB Launches Sangotedo Branch to Boost Economic Growth in Lagos
First City Monument Bank (FCMB) officially opened a new branch in Sangotedo, Lagos, on June 26, 2025, as part of…
Parliament Urges Bank of Ghana to Safeguard Cedi Gains Amid Global Trade Dynamics
The Trade, Industry and Tourism Committee of Ghana’s Parliament has urged the Bank of Ghana (BoG) to intensify its monitoring…
US Stock Futures Climb as Micron Boosts AI Optimism; Investors Eye GDP and Fed Signals
U.S. stock futures advanced on Thursday, buoyed by strong earnings from Micron Technology that sparked investor optimism about the AI…
Treasury Yields Dip as Trump Targets Fed Chair Powell Amid Economic and Geopolitical Uncertainty
U.S. Treasury yields dropped on Thursday amid rising political tension surrounding Federal Reserve Chairman Jerome Powell. The declines came after…
Trump-Backed Crypto Firm Plans Stablecoin Audit and New App Amid Token Trade Speculation
World Liberty Financial (WLF), the cryptocurrency platform backed by U.S. President Donald Trump, is planning to release an audit of…
Pension Assets Rise to ₦23.33 Trillion in Q1 2025 as FG Clears ₦1.2 Trillion in Arrears
In the first quarter of 2025, Nigeria’s pension assets grew by ₦820 billion, bringing the total to ₦23.33 trillion as…