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Finance
World Bank: Nigeria’s FIRS Revenue Allocation at 4% Exceeds Peers, Strains Public…
Nigeria’s current revenue-sharing system, which allocates 4% of both oil and non-oil revenues (excluding…
Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension…
Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs)…
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September…
September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest…
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion — SEC Highlights…
Nigeria’s non-interest capital market has reached a major milestone, hitting a valuation of ₦1.6 trillion,…
Nigeria Set to Receive $500 Million AfDB Loan by Year-End to Support Economic…
Nigeria is expected to receive a fresh $500 million loan from the African Development Bank (AfDB) before the end…
Ghana’s Economy Shows Strong Gains, but Borrowing Costs Remain High —…
Former Majority Leader Osei Kyei-Mensah-Bonsu has praised the Ghanaian government for recent improvements in the…
Ghana Nears $360M IMF Disbursement as Fifth Review Enters Final Stage
Ghana’s fifth review under the International Monetary Fund (IMF) Extended Credit Facility (ECF) has entered its…
PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance…
Nigeria’s pension industry faces a major shake-up following the National Pension Commission’s (PenCom) new…
CBK Caps Mobile Money Fees: M-Pesa and Airtel Users to Pay Less for Transfers in…
Kenyans could soon enjoy cheaper mobile money transfers as the Central Bank of Kenya (CBK) moves to cap…
Mastercard Partners with Smile ID to Boost Secure Digital Identity Solutions…
Mastercard has strengthened its collaboration with Smile ID, a leading African identity verification company, to…
World Bank Urges Ghana to Favour Concessional Loans Over Costly Domestic Borrowing
The World Bank has advised Ghana’s government to prioritise concessional loans from international lenders over…
PenCom Opens Pension Funds to Foreign Currency Investments, Sets Reporting Rules…
The National Pension Commission (PenCom) has announced a major policy shift, allowing Pension Fund Administrators…
Nigerian Stock Market Loses N135bn in Third Weekly Decline Amid Investor Caution
The Nigerian Exchange Limited (NGX) closed in negative territory for the third time this week, losing N135 billion…
U.S. Treasury Yields Rise Amid Stronger Home Sales and Looming Government Shutdown
U.S. Treasury yields climbed on Wednesday as investors monitored upcoming economic data and weighed the risk of a…
Bank of Ghana Sets GH¢2 Million Minimum Capital for Digital Credit Providers to…
The Bank of Ghana has rolled out new licensing requirements for Digital Credit Service Providers, setting a…
Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia,…
Nigeria’s e-commerce market is on a steep growth trajectory, projected to exceed $16 billion by 2030, according to…
Standard Chartered Hosts Economic Roundtable in Accra, Pledges Support for…
Standard Chartered Ghana convened a high-level Business and Economic Roundtable at its Accra headquarters,…
NGX Considers Extending Trading Hours to 5 PM Amid Push for Market Innovation
The Nigerian Exchange Limited (NGX) is exploring a significant extension of its trading hours, moving from the…
Turning stock market downturns into long-term gains
In Nigeria, headlines about plunging indices, falling share prices, and foreign capital flight often stir anxiety…
Cedi Depreciation Sparks Debate Over Bank of Ghana’s Currency Support, Ahiagbah…
The Ghanaian cedi’s sharp decline in recent weeks has reignited debate over how the currency was previously…
CBN and SEC Approve Wema Bank’s ₦150bn Rights Issue, Pushing Capital Above…
Wema Bank Plc has received the green light from both the Central Bank of Nigeria (CBN) and the Securities and…
Ghana’s Cedi Expected to Stabilize Within 5% Depreciation, President Mahama Says
President John Dramani Mahama has projected that the Ghanaian cedi will maintain moderate depreciation in the…
NGX Extends Bullish Run with N254bn Gain as Banking and Insurance Stocks Drive…
The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, as investors’ strong interest in banking…
Ghanaian Cedi Loses Ground as Import Demand Surges Ahead of Holiday Season
The Ghanaian cedi’s recent status as a global top performer has hit a stumbling block as rising demand for dollars…
Ghana Treasury Bills Undersubscribed by 50% as Yields Decline Across All Tenors
Treasury bill auctions in Ghana continue to struggle with weak investor demand, as the latest primary market…
Nigerian Stock Market Slips to N88.9tn Amid Bearish Trading, Investors Lose N438bn
The Nigerian Exchange closed in the red on Thursday as bearish trading wiped off N438 billion from investors’…
NGX Market Cap Drops N663bn as Bearish Sentiment Persists
The Nigerian Exchange (NGX) extended its bearish streak on Wednesday as equities investors lost N663…
PenCom Blacklists Seven Mortgage Banks, Suspends RSA-Backed Equity Contributions
The National Pension Commission (PenCom) has suspended the processing of equity contribution applications from…
Bank of Ghana Unveils Sweeping Reforms to Manage Credit Risk, Boost Liquidity, and…
The Bank of Ghana (BoG) has announced a comprehensive package of regulatory reforms aimed at strengthening the…
Public-Private Partnerships Vital to Expanding Nigeria’s Non-Interest Finance…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stressed that stronger…