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Finance
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…
Fitch Expects BoG to Hold Policy Rate at 28% Amid Easing Inflation, Eyes Potential…
Fitch Solutions anticipates that the Bank of Ghana (BoG) will maintain its benchmark policy rate at 28% during an…
Naira Hits 4-Month High at N1,518/$ as CBN Interventions and Oil Output Boost…
The Nigerian naira rallied to its strongest level since March, closing at N1,518 per dollar on the official…
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,…
Crypto Crackdown or Come-Up? New Nigerian Regulations Could Make or Break Industry…
Nigeria’s newly updated Investment and Securities Act (ISA) of 2025 officially recognizes cryptocurrencies and…
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…
DMO Opens July FGN Savings Bond Offer with Up to 16.762% Interest Despite Slight…
The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 issuance of the…
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…
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,…
Currency in Circulation Hits N5.01 Trillion in May as Cash Outside Banks Grows to…
Currency in circulation (CIC) in Nigeria rose slightly to N5.015 trillion in May 2025 from N5.003 trillion in…
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…
Analysts Call for Review of Ghana’s 3% Flat Tax for Small Businesses Amid New Tax…
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…
Banks’ Deposits with CBN Surge 730% to N67.72trn, Reflecting Excess Liquidity Amid…
In the first half of 2025, Nigerian banks’ deposits with the Central Bank of Nigeria (CBN) soared to N67.72…
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…
US Stock Futures Climb as Micron Boosts AI Optimism; Investors Eye GDP and Fed…
U.S. stock futures advanced on Thursday, buoyed by strong earnings from Micron Technology that sparked investor…
Treasury Yields Dip as Trump Targets Fed Chair Powell Amid Economic and…
U.S. Treasury yields dropped on Thursday amid rising political tension surrounding Federal Reserve Chairman Jerome…
Trump-Backed Crypto Firm Plans Stablecoin Audit and New App Amid Token Trade…
World Liberty Financial (WLF), the cryptocurrency platform backed by U.S. President Donald Trump, is planning to…
Pension Assets Rise to ₦23.33 Trillion in Q1 2025 as FG Clears ₦1.2 Trillion in…
In the first quarter of 2025, Nigeria’s pension assets grew by ₦820 billion, bringing the total to ₦23.33 trillion…
Treasury yields hold steady as investors monitor Israel-Iran ceasefire
U.S. Treasury yields remained relatively stable on Wednesday as investors monitored geopolitical tensions…
Nigeria’s Economic Reforms Boost FG Revenue to N6.9 Trillion in Four Months –…
Nigeria’s Federal Government generated N6.9 trillion in revenue between January and April 2025, marking a 40%…
Naira Holds Steady as CBN Injects $86.6m to Ease Dollar Shortage
The naira closed nearly unchanged on Monday in the official Nigerian Foreign Exchange Market (NFEM) after the…
Corporate Stablecoin Adoption Set to Surge as U.S. Senate Approves Regulatory…
The U.S. Senate has passed a bill that could significantly shape the future of stablecoins, marking a major…
FG Targets N100 Billion in June Bond Auction to Fund 2025 Budget
The Federal Government of Nigeria, via the Debt Management Office (DMO), has announced plans to raise N100 billion…
Markets Wobble as Mideast Tensions Rise and Fed Decision Looms
Global markets remained on edge Wednesday as escalating conflict between Israel and Iran entered its sixth day,…
Stocks Slip, Oil Surges as Middle East Conflict and Global Policy Moves Rattle…
Tensions in the Middle East escalated sharply as fighting between Israel and Iran entered its fifth day, leading…
Nigerian Breweries Bounces Back: Q1 2025 Profits Signal Strong Recovery, Spark…
Nigerian Breweries Plc has earned praise from financial stakeholders following its impressive Q1 2025 financial…
Investors Ditch Long-Term US Bonds Amid Diminished Hopes for Aggressive Fed Cuts
Investors are turning away from long-term U.S. Treasury bonds as expectations for significant Federal Reserve…
Wall Street Wavers as U.S.-China Trade Talks Hang in Balance
Wall Street futures were largely flat on Tuesday as investors kept a close watch on the ongoing U.S.-China trade…