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Finance
Markets Rebound as Hopes Rise for U.S.-China Trade Talks Amid Global Economic…
Global stock markets rebounded strongly on Friday following signs that the United States and China may return to…
Investors Shift to Emerging Market Debt as U.S. Treasurys Lose Safe Haven Status…
Following U.S. President Donald Trump's announcement of tariffs in early April 2025, there has been a significant…
FCMB Group Posts ₦7.1 Trillion in Assets, Declares Dividend at 12th AGM Amid…
At the recently held 12th Annual General Meeting of FCMB Group Plc in Lagos, shareholders endorsed the company’s…
FIRS Orders Banks to Close Unauthorised Tax Accounts to Boost Tax Collection…
The Federal Inland Revenue Service (FIRS) has issued a directive to all banks in Nigeria, mandating the closure of…
Bullish Run on NGX: International Breweries, Cadbury Spark N228bn Market Surge
The Nigerian Exchange (NGX) sustained its bullish trend on Monday, led by notable gains in blue-chip stocks such…
Nigerian Banks See 51% Surge in Customer Deposits to N140.97 Trillion in 2024 Amid…
In 2024, Nigerian banks achieved a remarkable 51% growth in customer deposits, reaching N140.97 trillion, compared…
CBN Raises N2.93trn from T-Bills and OMO Auctions Amid Strong Investor Demand
In a significant move, the Central Bank of Nigeria (CBN) successfully raised N2.93 trillion through Treasury Bills…
World Bank names Dangote member private sector investment Lab
The World Bank Group has announced a new phase for its Private Sector Investment Lab (PSIL), aimed at scaling…
Nigerian Banks Redefine Profitability Through Digital Innovation and Non-Interest…
In the face of Nigeria's turbulent economic climate marked by inflation, currency devaluation, and regulatory…
Bank of Ghana Urges Enhanced Security Measures Amid Rising Fraud Cases
The Bank of Ghana has called for a heightened focus on fraud prevention within the country's banking sector,…
IMF Urges Nigeria to Strengthen Subsidy Reforms and Fiscal Discipline Amid Rising…
The International Monetary Fund (IMF) has stressed the importance of fiscal discipline in Nigeria, particularly in…
Nigeria Targets 7% Growth with Reforms, Aims to Attract Investments Amid Economic…
Nigeria is setting ambitious economic goals, targeting a 7% annual growth rate to lift millions of citizens out of…
Ghana’s Energy Sector Poses Major Economic Threat, Says Finance Minister Ato…
Ghana's Minister of Finance, Dr. Cassiel Ato Forson, has identified the energy sector as the most pressing…
Customs Eyes Return of 4% FOB Charge Amid Ongoing Duty Relief Efforts
The Nigeria Customs Service (NCS) has announced plans to reintroduce the controversial four per cent Free-on-Board…
Philipp Müller Appointed CEO of Blue Earth Capital to Lead Next Growth Phase in…
Blue Earth Capital, a prominent impact investor managing over $1.5 billion in assets, has announced the…
CBEX promoters won’t escape justice – SEC
The Securities and Exchange Commission (SEC) has taken a firm stance against the promoters of Crypto Bridge…
Stocks Struggle as Fed’s Powell Issues Caution, Euro Dips Ahead of ECB…
European markets faced a decline on Thursday as uncertainty surrounding the global economy persisted. The STOXX…
FAAC Allocation Drops for Third Month to N1.57tn Amid Fiscal Pressures
The Federation Account Allocation Committee (FAAC) reported a continued decline in revenue shared among the…
CBN Advocates for Stronger Banks to Achieve $1 Trillion Economy by 2030
The Central Bank of Nigeria (CBN) has emphasized the need for resilient and stable banks in achieving the nation's…
GIA and SEC Unveil Strategic Plan for Nigeria’s Digital Asset Market Growth
The Global Investment Advisory (GIA) Community, in partnership with the Securities and Exchange Commission (SEC),…
CBN Warns Banks Against Illicit Funds Amid Recapitalisation Drive
The Central Bank of Nigeria (CBN) has issued a strong warning to deposit money banks against sourcing capital from…
Nigeria’s Oil Production Hits 2025 Low, Threatening Budget and Economic Stability
Nigeria’s oil production has dropped to its lowest level in 2025, raising concerns over the country’s economic…
Afriland Properties Approves N865.5m Dividend as 2024 Profits Surge
Afriland Properties Plc has received shareholder approval to distribute a total dividend of N865.5 million,…
Fitch Upgrades Nigeria’s Credit Rating to Stable Amid Reforms and Economic…
Fitch Ratings has upgraded Nigeria’s credit rating to ‘B’ with a stable outlook, reflecting the country’s economic…
NGX Shifts Focus to Attract Private Capital Amid Rising Delistings
As delistings from the Nigerian capital market grow, the Nigerian Exchange Group (NGX) is adjusting its strategy…
Transcorp Hits $3 Billion Valuation as Elumelu Calls for Urgent Power Sector…
Transcorp Plc has reached a major milestone, with its market valuation now standing at $3 billion (₦4.5 trillion),…
Nigeria Pays $407.97 Million to Service IMF Debts in Q4 2024
In the fourth quarter of 2024, Nigeria spent $1.8 billion on servicing its external debts, with the International…
European Stocks Plunge 3% Amid Trump’s Tariff Implementation, Market Uncertainty…
European stocks faced a steep decline on Wednesday, with the pan-European Stoxx 600 index dropping 3.08% by…
Champion Breweries Achieves N21bn Revenue in 2024, Strengthens Brand Presence in…
Champion Breweries Plc in Uyo, Akwa Ibom, reported a remarkable financial performance for 2024, with a revenue of…
Pension Funds Investment in Nigeria’s Real Sector Reaches N5.51 Trillion
Nigeria’s pension industry has committed a substantial N5.51 trillion towards financing key sectors critical for…