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Category: Finance

Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains
FinanceinvestmentLocal

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…

byEkeminiOctober 9, 2025October 9, 2025
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge
FinanceLocalMacroeconomic

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.…

byEkeminiOctober 9, 2025October 9, 2025
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion — SEC Highlights Investor Confidence in Ethical Finance
BusinessFinanceLocal

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…

byEkeminiOctober 8, 2025October 8, 2025
Nigeria Set to Receive $500 Million AfDB Loan by Year-End to Support Economic Reforms
FinanceLocalMacroeconomic

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…

byEkeminiOctober 7, 2025October 7, 2025
Ghana’s Economy Shows Strong Gains, but Borrowing Costs Remain High — Kyei-Mensah-Bonsu Warns
FinanceLocalMacroeconomic

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…

byEkeminiOctober 7, 2025October 7, 2025
Ghana Nears $360M IMF Disbursement as Fifth Review Enters Final Stage
FinanceInternationalMacroeconomic

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…

byEkeminiOctober 6, 2025October 6, 2025
PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance Capital Warns
FinanceLocalMacroeconomic

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…

byEkeminiOctober 3, 2025October 3, 2025
CBK Caps Mobile Money Fees: M-Pesa and Airtel Users to Pay Less for Transfers in Kenya
FinanceLocalTechnology

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…

byEkeminiSeptember 29, 2025September 29, 2025
Mastercard Partners with Smile ID to Boost Secure Digital Identity Solutions Across Africa
BusinessFinanceInternational

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…

byEkeminiSeptember 26, 2025September 26, 2025
World Bank Urges Ghana to Favour Concessional Loans Over Costly Domestic Borrowing
FinanceLocalMacroeconomic

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 high-interest domestic borrowing to finance…

byEkeminiSeptember 26, 2025September 26, 2025
PenCom Opens Pension Funds to Foreign Currency Investments, Sets Reporting Rules for Contributions Above $10,000
FinanceinvestmentLocal

PenCom Opens Pension Funds to Foreign Currency Investments, Sets Reporting Rules for Contributions Above $10,000

The National Pension Commission (PenCom) has announced a major policy shift, allowing Pension Fund Administrators (PFAs) to invest a portion…

byEkeminiSeptember 25, 2025September 25, 2025
Nigerian Stock Market Loses N135bn in Third Weekly Decline Amid Investor Caution
FinanceinvestmentLocal

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 in market…

byEkeminiSeptember 25, 2025September 25, 2025
U.S. Treasury Yields Rise Amid Stronger Home Sales and Looming Government Shutdown
FinanceInternationalMacroeconomic

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 federal government…

byEkeminiSeptember 25, 2025September 25, 2025
Bank of Ghana Sets GH¢2 Million Minimum Capital for Digital Credit Providers to Boost Stability and Consumer Protection
BusinessFinanceLocal

Bank of Ghana Sets GH¢2 Million Minimum Capital for Digital Credit Providers to Boost Stability and Consumer Protection

The Bank of Ghana has rolled out new licensing requirements for Digital Credit Service Providers, setting a minimum capital threshold…

byEkeminiSeptember 24, 2025September 24, 2025
Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia, Konga, and Digital Innovation
BusinessFinanceLocal

Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia, Konga, and Digital Innovation

Nigeria’s e-commerce market is on a steep growth trajectory, projected to exceed $16 billion by 2030, according to the Lagos…

byEkeminiSeptember 22, 2025September 22, 2025
Standard Chartered Hosts Economic Roundtable in Accra, Pledges Support for Ghanaian Businesses and Growth
BusinessFinanceLocal

Standard Chartered Hosts Economic Roundtable in Accra, Pledges Support for Ghanaian Businesses and Growth

Standard Chartered Ghana convened a high-level Business and Economic Roundtable at its Accra headquarters, gathering senior government officials, private sector…

byEkeminiSeptember 19, 2025September 19, 2025
NGX Considers Extending Trading Hours to 5 PM Amid Push for Market Innovation
BusinessFinanceLocal

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 current 9:30 am–2:30…

byEkeminiSeptember 17, 2025September 17, 2025
Turning stock market downturns into long-term gains
BusinessFinanceLocal

Turning stock market downturns into long-term gains

In Nigeria, headlines about plunging indices, falling share prices, and foreign capital flight often stir anxiety among investors. Yet experts…

byEkeminiSeptember 16, 2025September 16, 2025
Cedi Depreciation Sparks Debate Over Bank of Ghana’s Currency Support, Ahiagbah Slams Artificial Stability
FinanceLocalMacroeconomic

Cedi Depreciation Sparks Debate Over Bank of Ghana’s Currency Support, Ahiagbah Slams Artificial Stability

The Ghanaian cedi’s sharp decline in recent weeks has reignited debate over how the currency was previously stabilised. Richard Ahiagbah,…

byEkeminiSeptember 15, 2025September 15, 2025
CBN and SEC Approve Wema Bank’s ₦150bn Rights Issue, Pushing Capital Above Regulatory Threshold
BusinessFinanceLocal

CBN and SEC Approve Wema Bank’s ₦150bn Rights Issue, Pushing Capital Above Regulatory Threshold

Wema Bank Plc has received the green light from both the Central Bank of Nigeria (CBN) and the Securities and…

byEkeminiSeptember 12, 2025September 12, 2025
Ghana’s Cedi Expected to Stabilize Within 5% Depreciation, President Mahama Says
BusinessFinanceLocal

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 coming months, remaining within…

byEkeminiSeptember 11, 2025September 11, 2025
NGX Extends Bullish Run with N254bn Gain as Banking and Insurance Stocks Drive Market
BusinessFinanceLocal

NGX Extends Bullish Run with N254bn Gain as Banking and Insurance Stocks Drive Market

The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, as investors’ strong interest in banking and insurance stocks lifted…

byEkeminiSeptember 10, 2025September 10, 2025
Ghanaian Cedi Loses Ground as Import Demand Surges Ahead of Holiday Season
BusinessFinanceLocal

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…

byEkeminiSeptember 4, 2025September 4, 2025
Ghana Treasury Bills Undersubscribed by 50% as Yields Decline Across All Tenors
BusinessFinanceLocal

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 results revealed a…

byEkeminiSeptember 1, 2025September 1, 2025
Nigerian Stock Market Slips to N88.9tn Amid Bearish Trading, Investors Lose N438bn
BusinessFinanceLocal

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’ wealth, pushing…

byEkeminiAugust 29, 2025August 29, 2025
NGX Market Cap Drops N663bn as Bearish Sentiment Persists
BusinessFinanceLocal

NGX Market Cap Drops N663bn as Bearish Sentiment Persists

The Nigerian Exchange (NGX) extended its bearish streak on Wednesday as equities investors lost N663 billion in market value due to sustained…

byEkeminiAugust 21, 2025August 21, 2025
PenCom Blacklists Seven Mortgage Banks, Suspends RSA-Backed Equity Contributions
BusinessFinanceLocal

PenCom Blacklists Seven Mortgage Banks, Suspends RSA-Backed Equity Contributions

The National Pension Commission (PenCom) has suspended the processing of equity contribution applications from seven Primary Mortgage Banks over alleged…

byEkeminiAugust 19, 2025August 19, 2025
Bank of Ghana Unveils Sweeping Reforms to Manage Credit Risk, Boost Liquidity, and Strengthen Banking Resilience
BusinessFinanceLocal

Bank of Ghana Unveils Sweeping Reforms to Manage Credit Risk, Boost Liquidity, and Strengthen Banking Resilience

The Bank of Ghana (BoG) has announced a comprehensive package of regulatory reforms aimed at strengthening the country’s banking sector.…

byEkeminiAugust 14, 2025August 14, 2025
Public-Private Partnerships Vital to Expanding Nigeria’s Non-Interest Finance Sector — Wale Edun
BusinessFinanceLocal

Public-Private Partnerships Vital to Expanding Nigeria’s Non-Interest Finance Sector — Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stressed that stronger public-private partnerships (PPPs) are…

byEkeminiAugust 13, 2025August 13, 2025
Pension fund investment in real estate balloons by 418% to N77.8bn
FinanceinvestmentLocal

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 in the first half…

byEkeminiAugust 12, 2025August 12, 2025

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