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Finance
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…
Pension fund investment in real estate balloons by 418% to N77.8bn
Pension fund investments in Real Estate Investment Trusts (REITs) surged dramatically by 417.8% to N77.8 billion…
Ghana’s Financial Sector Assets Surge to GH₵525bn in 2024 Despite Lower GDP Share
Ghana’s financial sector recorded substantial growth in 2024, with total assets climbing by 34.6% to GH₵525.59…
European Markets Poised for Positive Start as Global Trade Talks Take Center Stage
European markets are expected to open the week on a positive note, with futures data indicating modest gains…
SEC DG Agama Named Vice Chair of IOSCO’s Africa/Middle East Committee
Dr. Emomotimi Agama, Director-General of Nigeria’s Securities and Exchange Commission (SEC), has been elected Vice…
Pension Fund Performance Review: FCMB Pensions Limited Leads with 5.68% Return in…
Nigeria’s pension industry maintained its steady performance in July 2025, delivering positive returns across all…
Nigeria’s Foreign Investment Jumps 67% to $5.6bn in Q1 2025
Nigeria experienced a significant boost in foreign capital inflows in the first quarter (Q1) of 2025, with total…
Nigerian Stock Market Hits Record High as NGX Gains 5.07%, Adds ₦4.32 Trillion in…
The Nigerian Exchange (NGX) continued its remarkable bullish run, marking its tenth consecutive week of gains. The…
FG’s Forex Windfall Plummets 73% in H1 2025 Amid Exchange Rate Realignment
Nigeria’s federal government saw a sharp 73% decline in foreign exchange (FX) gains during the first half of 2025,…
NGX Wraps Up Bullish July with N12.62tn Surge, All-Time Highs Set Ahead of…
The Nigerian Exchange (NGX) ended July 2025 on a powerful bullish streak, with market capitalization surging by a…
Bank of Ghana Slashes Interest Rate to 25% as Inflation Drops, Sparking Price…
The Bank of Ghana (BoG) has significantly cut its benchmark interest rate by 300 basis points, reducing it from…
Nigeria Eurobond Yields Hit 3-Year Low as Investor Confidence Surges on Economic…
Nigeria’s Eurobond yields are nearing their lowest levels in three years, a development driven by strong investor…
Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure…
The Federal Reserve is expected to maintain current interest rates following its meeting this week, echoing the…
Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor…
Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally…
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…
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…
Nigeria’s Economy Rebounds: Edun Hails Rebasing and Q1 2025 GDP Growth as…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has praised the rebased…
African Sovereign Wealth Funds Rise as Pillars of Infrastructure and Economic…
Sovereign wealth funds (SWFs) across Africa are emerging as powerful tools for capital mobilisation, strategic…
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…
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…
Nigerian Mutual Funds Surge by ₦1.99 Trillion in H1 2025, Driven by Money Market…
In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of…