Real Time Financial News Website
The Chartered Institute of Stockbrokers (CIS) has called on Nigerian students to equip themselves for emerging opportunities in the country’s capital market through professional certification and skills development. The Institute…
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) are set to sign a Memorandum of Understanding (MoU) aimed at ensuring faster and more efficient…
The Nigeria Customs Service (NCS) has issued a stern warning to designated banks that fail to remit collected customs duties within the required timeframe. In a statement on Wednesday, NCS…
The Bank of Ghana (BoG) has emphasized that non-interest banking in the country is accessible to everyone and is not associated with any religious belief. The central bank’s clarification comes…
Foreign exchange (FX) gains, once a major source of profits for Nigeria’s top banks, have dropped sharply, signaling a major shift in the banking sector. Analysts say this decline reflects…
The Central Bank of Nigeria (CBN) has officially revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing ongoing regulatory violations and…
Nigeria’s federal government is under fresh scrutiny after revealing a ₦30 trillion shortfall in its 2025 revenue, casting doubts on the feasibility of the 2026 budget. The shortfall, admitted by…
Global currencies were largely rangebound on Monday as investors prepared for a critical week of central bank decisions and major U.S. economic releases. The dollar held near two-month lows, while…
The Federal Government has assured Nigerian investors that the vast majority of participants in the stock market will not be affected by the proposed capital gains tax (CGT). Speaking at…
European markets started the week on a positive note as investors prepared for a series of key central bank meetings across the continent. The pan-European Stoxx 600 index rose 0.38%…
The Central Securities Clearing System (CSCS) Plc has hailed the recent expansion of recognised asset classes under the Investment and Securities Act (ISA) 2025 as a major milestone for Nigeria’s…
The Nigerian equity market staged a strong rebound on Thursday, recovering N694 billion after a week of losses as investors returned to the market. The NGX All-Share Index rose by…
Nigeria’s total pension fund assets under the Contributory Pension Scheme (CPS) increased by 2.2% month-on-month to N26.66 trillion in October 2025, up from N26.09 trillion in September, according to an…
The Nigerian Exchange Limited (NGX) has officially admitted 1.955 billion ordinary shares of Chams Holding Company (Chams HoldCo), valued at N1.87 per share, following a private placement. The move, effective…
The Federal Government (FG) has taken a significant step toward a more predictable and market-friendly implementation of Nigeria’s newly enacted Capital Gains Tax (CGT) provisions by inaugurating the National Tax…
The National Pension Commission (PenCom) has successfully recovered N32.27 billion from employers who failed to remit pension contributions from their employees’ salaries. The recovered funds, collected through newly accredited recovery…
In a major step to enhance transparency and accountability, Nigeria’s Federal Government has banned the collection of physical cash for all government revenues. The Accountant General of the Federation (AGF),…
The Federal Government of Nigeria has officially banned the use of physical cash for revenue payments across all Ministries, Departments, and Agencies (MDAs). In a move aimed at modernizing federal…
The Nigerian Exchange Limited (NGX) opened the week on a positive note as market capitalisation surged by N247.21 billion on Monday, underpinned by renewed investor interest in insurance and banking…
Nigeria’s currency saw a modest decline at the official foreign exchange market on Monday, closing at N1,451.86/$, up slightly from N1,450.43/$ recorded last Friday. Data from the Central Bank of…
Asia-Pacific markets saw a mostly negative session on Tuesday as investors reacted to Wall Street losses and awaited the U.S. Federal Reserve’s upcoming policy decision. Japanese markets were a rare…
The Federal Government has launched the National Tax Policy Implementation Committee (NTPIC) to oversee the rollout of Nigeria’s new capital gains tax (CGT) provisions, signaling a commitment to transparency, investor…
The Securities and Exchange Commission (SEC) of Nigeria has unveiled a comprehensive set of reforms aimed at strengthening market efficiency, enhancing investor confidence, and accelerating digital transformation in the country’s…
Nigeria has launched its most sweeping public finance overhaul since the Treasury Single Account (TSA), unveiling a unified digital revenue system that brings together TSA, GIFMIS, the Central Bank of…
The Federal Government (FG) has launched the National Tax Policy Implementation Committee (NTPIC), signaling a deliberate and coordinated approach to rolling out the recently enacted Capital Gains Tax (CGT) provisions.…
As foreign exchange gains that boosted Nigerian banks over the past two years begin to fade, financial experts say lenders are now racing to diversify their earnings. This shift comes…
Former Minister of Budget and National Planning, Udoma Udo Udoma, has called for greater transparency in Nigeria’s capital market, emphasizing its critical role in driving sustainable economic growth. Speaking at…
The Nigerian equities market continued its upward momentum yesterday, with market capitalisation climbing by N97 billion. The All Share Index (ASI) rose by 152.28 points, representing a 0.10 per cent…
Asia-Pacific stock markets mostly climbed Thursday, buoyed by Wall Street’s overnight gains and renewed hopes that the U.S. Federal Reserve could reduce interest rates next week. Investors reacted to weaker-than-expected…
Ghana’s benchmark reference rate for bank lending has fallen sharply in December, offering a welcome reprieve for businesses and consumers ahead of the year-end. According to the Ghana Association of…