Real Time Financial News Website
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has strongly rebutted KPMG’s recent observations on Nigeria’s new tax laws. Oyedele argued that the firm misinterpreted…
FirstHoldCo Plc has announced a series of strategic board appointments across its non-commercial banking subsidiaries, aiming to enhance corporate governance, oversight, and sustainable growth. The appointments, approved by the Securities…
Nigeria’s securities market operators are advocating for a new regulatory approach that emphasizes collaboration and speedy dispute resolution, citing the negative impact of overlapping rules and prolonged conflicts on investor…
Nigerian equities recorded a strong rebound last week, gaining N3.84 trillion in market value as renewed buying interest lifted share prices across the Nigerian Exchange (NGX). The NGX All-Share Index…
European markets opened in positive territory on Friday, with the pan-European Stoxx 600 climbing 0.37% by early trading in London. Major indices, including the FTSE 100, CAC 40, and DAX,…
The United Bank for Africa (UBA) has officially surpassed the N500 billion capital threshold set by the Central Bank of Nigeria (CBN) for banks with international operations, following the conclusion…
Major United States banks are heading into the fourth-quarter earnings season with optimism, driven by a notable rebound in investment banking. According to a Reuters report, rising deal-making activity and…
Asia‑Pacific markets mostly declined on Thursday as investors reacted to renewed geopolitical tensions and policy shifts from the United States that rippled through global financial markets. Wall Street closed lower…
Nigeria’s currency capped a remarkable year in 2025, strengthening at the official foreign exchange market to close at N1,419 per dollar. This marks the naira’s most significant annual performance in…
The World Bank Group is making innovation a cornerstone of its global development strategy, moving beyond occasional experiments to embed novel approaches across its lending, digital platforms, and community programs.…
The Securities and Exchange Commission (SEC) has revealed plans to step up enforcement of market regulations in 2026, following the enactment of the Investments and Securities Act (ISA) 2025. Speaking…
The Nigerian stock market marked a historic milestone on January 5, 2026, as its total value soared past N100 trillion, fueled by a surge in investor activity. Equity capital jumped…
Global stock markets are starting 2026 on a high, fueled by AI enthusiasm and strong corporate earnings. In the U.S., seven major tech companies accounted for half of all market…
Nigeria’s current account balance is set to strengthen significantly in 2026, with the Central Bank of Nigeria (CBN) projecting a surplus of $18.81 billion, equivalent to 11.16% of GDP. This…
The Ghana Securities Exchange (GSE) Composite Index has claimed the title of Africa’s best-performing stock market in 2025, leaving Nigeria’s NGX All-Share Index (ASI) and other regional peers behind. Ghana’s…
Nigeria’s cash supply is showing remarkable signs of stability following sweeping reforms by the Central Bank of Nigeria (CBN), easing the seasonal pressures that traditionally disrupt commerce during festive periods.…
The U.S. dollar started the first full trading week of 2026 on a strong note, rising to a three-and-a-half-week high against the euro and reaching a two-week peak versus the…
The naira opened 2026 on a strong note, appreciating to ₦1,430.84 per US dollar at the official window, signaling a positive start to the year for Nigeria’s currency. This rise…
The Central Bank of Nigeria (CBN) has projected a bullish outlook for the Nigerian capital market in 2026, citing ongoing bank recapitalisation, growing investor confidence, and supportive policy measures as…
Ghana is taking a major step toward formalising its cryptocurrency market as the Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) announced plans to issue detailed guidelines…
The Federal Government (FG) has increasingly relied on domestic investors to fund its borrowing needs, shaping the dynamics of Nigeria’s fixed income market, a recent Afrinvest report reveals. Amid elevated…
The Federal Inland Revenue Service (FIRS) has officially confirmed that the National Identification Number (NIN) issued by the National Identity Management Commission (NIMC) will now automatically serve as a Tax…
As Nigeria prepares for the 2026 fiscal year, obtaining a Tax Identification Number (TIN) through the Joint Tax Board (JTB) is now more important than ever. Whether you are an…
Nigeria’s foreign exchange (FX) reserves have dipped by $263.151 million, ending a remarkable 25-week accumulation streak, according to data from the Central Bank of Nigeria (CBN). The reserves fell to…
Nigeria’s public finances are facing mounting pressure as fiscal indiscipline and governance gaps continue to undermine the nation’s budgetary process. Experts say that successive budgets have become overly optimistic exercises,…
The Central Bank of Nigeria (CBN) has ordered banks and non-bank acquirers to strengthen security on foreign-issued card transactions across the country. According to a circular dated December 18, financial…
European stocks fell modestly on Monday, as positive momentum from last week’s gains slowed ahead of a short trading week. The pan-European STOXX 600 slipped 0.2% by mid-morning in London,…
The Securities and Exchange Commission (SEC) has instructed all Capital Market Operators (CMOs) to renew their registration between January 1 and 31, 2026, as part of a broader effort to…
The Central Bank of Nigeria (CBN) has issued a new directive to banks and financial institutions aimed at improving access to funds for tourists and Nigerians returning from abroad. The…
Shareholders of FCMB Group Plc have approved a major capital raise of up to N400 billion, positioning the bank to meet the Central Bank of Nigeria’s (CBN) recapitalisation deadline in…