European Markets Struggle for Direction as Earnings Season and Rate Decisions Take Center Stage
European stock markets opened cautiously on Thursday, with investors treading carefully amid a wave of corporate earnings and upcoming central…
Category: Finance
Nigerian Eurobond oversubscribed by 400% despite Trump’s threat
The Eurobond issued yesterday was oversubscribed four times, signaling deep investor confidence despite lingering geopolitical tension from Trump’s threat. The…
Nigeria’s $2.25bn Eurobond Oversubscribed Amid Strong Investor Confidence
Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance, drawing overwhelming investor demand despite…
Naira Recovers Value Amid Renewed Market Confidence in Nigeria
Nigeria’s naira regained ground on Tuesday after a temporary slump on Monday, signaling renewed confidence in the country’s economic stability.…
Tinubu Seeks ₦1.15 Trillion Loan to Bridge 2025 Budget Deficit
President Bola Ahmed Tinubu has requested Senate approval to secure a ₦1.15 trillion loan from the domestic market to finance…
Nigeria’s New $11.50 Travel Tax Sparks Outcry Among Airlines and Passengers
The Nigeria Civil Aviation Authority (NCAA) has announced a new $11.50 levy on all international air tickets, set to take…
Naira and Nigerian Stocks Slide After Trump Threat of Military Action
Nigeria’s financial markets opened November 2025 under pressure as the naira and equities fell sharply following remarks by US President…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake Investment Platforms
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion to Ponzi schemes and…
Economists Urge CBN to Introduce ₦10,000 and ₦20,000 Notes to Restore Naira’s Value
Nigeria’s weakening currency may soon require a major policy rethink, as a new report by Quartus Economics has urged the…
FATF Delisting to Boost Foreign Investments in Nigeria, Says SEC DG Emomotimi Agama
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed as a major milestone for the…
Sustainable Finance Redefines Investment Landscape, Says SEC DG Emomotimi Agama
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that the global shift toward sustainable…
OTC Crypto Trading: Africa’s Hidden Backbone for Digital Finance and Cross-Border Payments
Over-the-counter (OTC) cryptocurrency trading is quietly emerging as the unseen engine of Africa’s digital financial ecosystem, according to a new…
West African Development Bank Secures Record €1 Billion 15-Year Bond to Boost Regional Growth
In a landmark move for Africa’s financial markets, the West African Development Bank (BOAD) has successfully issued a €1 billion…
African Development Bank and Partners Launch Innovative $70 Billion Infrastructure Funding Model Across Africa
Nigeria is spearheading a groundbreaking financing model aimed at unlocking billions of dollars for infrastructure projects across Africa. The initiative,…
IMF Backs Nigeria’s Reform Drive, Predicts Major Fiscal Breakthrough by 2025
Nigeria is edging closer to a long-awaited fiscal transformation as the International Monetary Fund (IMF) expressed strong confidence in the…
SEC adopts faster settlement cycle for market efficiency
The Securities and Exchange Commission (SEC) has announced plans to shorten Nigeria’s capital market settlement cycle from T+3 to T+2,…
Nigeria Bond Market Rally: Yields Drop to 18.38% Amid Strong Investor Demand
Nigeria’s bond market maintained its bullish momentum last week as investor appetite for government securities surged, driving average yields down…
Cardoso to lead Nigeria’s team to IMF/World Bank meeting – Presidency
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, will head Nigeria’s delegation to the 2025 Annual Meetings…
IMF Set to Approve Staff-Level Agreement with Ghana After Fifth Programme Review
The International Monetary Fund (IMF) is set to reach a staff-level agreement with Ghana today, October 10, 2025, following the…
CBN Launches Payments System Vision 2028, Urges Nigerians and Diaspora to Embrace Digital Financial Inclusion
The Central Bank of Nigeria (CBN) has called on Nigerians at home and in the diaspora to embrace the newly…
World Bank: Nigeria’s FIRS Revenue Allocation at 4% Exceeds Peers, Strains Public Finances
Nigeria’s current revenue-sharing system, which allocates 4% of both oil and non-oil revenues (excluding royalties) to the Federal Inland Revenue…
Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains
Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs) delivered impressive returns across all…
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge
September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest performance in recent months.…
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion — SEC Highlights Investor Confidence in Ethical Finance
Nigeria’s non-interest capital market has reached a major milestone, hitting a valuation of ₦1.6 trillion, according to the Securities and…
Nigeria Set to Receive $500 Million AfDB Loan by Year-End to Support Economic Reforms
Nigeria is expected to receive a fresh $500 million loan from the African Development Bank (AfDB) before the end of…
Ghana’s Economy Shows Strong Gains, but Borrowing Costs Remain High — Kyei-Mensah-Bonsu Warns
Former Majority Leader Osei Kyei-Mensah-Bonsu has praised the Ghanaian government for recent improvements in the country’s economic performance, describing 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 critical final stage, with…
PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance Capital Warns
Nigeria’s pension industry faces a major shake-up following the National Pension Commission’s (PenCom) new recapitalisation directive, which has raised the…
CBK Caps Mobile Money Fees: M-Pesa and Airtel Users to Pay Less for Transfers in Kenya
Kenyans could soon enjoy cheaper mobile money transfers as the Central Bank of Kenya (CBK) moves to cap transaction fees…
Mastercard Partners with Smile ID to Boost Secure Digital Identity Solutions Across Africa
Mastercard has strengthened its collaboration with Smile ID, a leading African identity verification company, to expand secure digital identity solutions…