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…
Category: Finance
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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 results revealed a…
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…
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…
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…
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.…
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…
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…
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 billion, according to the…
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 across major…
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 Chairman of the Africa/Middle East…
Pension Fund Performance Review: FCMB Pensions Limited Leads with 5.68% Return in July 2025
Nigeria’s pension industry maintained its steady performance in July 2025, delivering positive returns across all Retirement Savings Account (RSA) fund…
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 capital importation…
Nigerian Stock Market Hits Record High as NGX Gains 5.07%, Adds ₦4.32 Trillion in Value
The Nigerian Exchange (NGX) continued its remarkable bullish run, marking its tenth consecutive week of gains. The All-Share Index (ASI)…
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, dropping…
NGX Wraps Up Bullish July with N12.62tn Surge, All-Time Highs Set Ahead of Earnings Season
The Nigerian Exchange (NGX) ended July 2025 on a powerful bullish streak, with market capitalization surging by a remarkable N12.62tn.…
Bank of Ghana Slashes Interest Rate to 25% as Inflation Drops, Sparking Price Reductions
The Bank of Ghana (BoG) has significantly cut its benchmark interest rate by 300 basis points, reducing it from 28%…