Browsing Category
Finance
BREAKING: Dr. Sidi Ould Tah Elected as New AfDB President, Succeeding Adesina
Dr. Sidi Ould Tah, former Minister of Economy and Finance in Mauritania, has been elected as the 9th President of!-->…
Ghana Reaffirms Commitment to Fair Debt Talks Under G20 Framework
The Government of Ghana has reaffirmed its commitment to equitable and transparent debt restructuring negotiations!-->…
Nigeria and South Africa Among Africa’s Biggest Losers as $125 Billion in Tax…
Africa is losing an estimated $125 billion in tax revenue annually due to the large informal economies prevalent!-->…
Nigerian Stock Market Extends Gains, Rises by 0.27%
Nigeria’s stock market continued its positive momentum on Wednesday, climbing by 0.27 percent. The uptick was!-->…
GEXIM and Saudi EXIM Forge Strategic Partnership to Boost Trade and Project…
In a move to bolster Ghana's economic transformation through enhanced international trade and export development,!-->…
SEC Warns Nigerians Against Unregistered Silverkuun Investment Cooperative
The Securities and Exchange Commission (SEC) has issued a strong warning to the Nigerian public against engaging!-->…
Japan Unlikely to Dump U.S. Treasuries Amid Lack of Alternatives, Says Ex-BOJ…
Japan is unlikely to have sold off its substantial U.S. Treasury holdings despite a major sell-off in April,!-->…
AfDB Forecasts 6% Naira Depreciation by 2026 Amid Global Market Volatility
The African Development Bank (AfDB) has projected that the Nigerian naira will depreciate by at least 6% between!-->…
CBN Launches New Shari’ah-Compliant Tools to Strengthen Nigeria’s Non-Interest…
The Central Bank of Nigeria (CBN) has introduced innovative liquidity management instruments to advance the!-->…
Shares Stall Ahead of Nvidia Earnings as US Dollar Climbs on Strong Economic Data
Global stock markets showed mixed signals on Wednesday as investors grew cautious ahead of Nvidia’s highly!-->…
Jinapor Urges Swift Operationalisation of Africa Energy Bank to Power Continental…
Ghana’s Minister for Energy and Green Transition, John Jinapor, has called for urgent action to make the Africa!-->…
Ghana Poised for Economic Growth Beyond IMF Support – Deputy Finance Minister
Deputy Finance Minister Thomas Ampem Nyarko has reaffirmed the government’s determination to guide Ghana’s economy!-->…
Tinubu seeks Reps approval for $21.5bn external loan, N757.9bn bond
President Bola Tinubu has formally requested the Nigerian House of Representatives to approve a comprehensive!-->…
CBN Launches New Liquidity Tools to Boost Non-Interest Banking Sector
The Central Bank of Nigeria (CBN) has introduced a suite of innovative liquidity management instruments tailored!-->…
Local Investors Dominate N2.7 Trillion Stock Deals in First Four Months of 2025
In the first four months of 2025, stock transactions on the Nigerian Exchange (NGX) totaled N2.714 trillion, a!-->…
South Korean Stocks Lead Asia’s Gains as Trump Delays EU Tariffs; China, Hong Kong…
South Korean stocks surged over 2% on Monday, outpacing other Asia-Pacific markets, following U.S. President!-->…
Trump Postpones EU Tariffs, Markets Rally as Trade Talks Resume
U.S. President Donald Trump has delayed the imposition of threatened 50% tariffs on European Union imports until!-->…
NGX Turnover Surges to N74.8bn Despite ASI Dip and Mixed Sectoral Performance
The Nigerian Exchange (NGX) witnessed a strong rise in market activity last week, with turnover climbing by 17.3!-->…
CBN Nets N615.8bn as Treasury Bill Demand Surges Despite Fiscal Strains
In its latest Treasury bills auction on May 21, 2025, the Central Bank of Nigeria (CBN) raised N615.8 billion,!-->…
UK 3.5% inflation surge deepens financial pressure on Nigerians abroad
Nigerians living in the United Kingdom are facing renewed financial challenges following a sharp rise in UK!-->…
Lagos government sanctions 21 money lending firms for violations
The Lagos State government has penalized 21 money lending companies for breaching various regulatory guidelines.!-->…
Global Markets Waver Amid U.S. Fiscal Concerns and Geopolitical Tensions
Global stock markets remained subdued while the U.S. dollar slipped on Wednesday as investors grew increasingly!-->…
BoG’s MPC Convenes 124th Meeting Amid Cedi Stability and Inflation Watch_Ghana
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has commenced its 124th meeting to evaluate the!-->…
Naira Strengthens Amid FX Reforms as CBN Marks Monetary Policy Milestone
The naira showed modest gains in both the official and parallel foreign exchange markets on Tuesday, appreciating!-->…
UK Inflation Surges to 3.5% in April, Disrupting Interest Rate Cut Expectations
UK inflation surged unexpectedly in April, rising to 3.5% from 2.6% in March, the largest monthly jump since 2022.!-->…
Google Unveils Bold AI Vision with Smart Glasses, AI Mode, and Premium Plans at…
At its annual I/O conference in Mountain View, California, Google introduced major advancements in artificial!-->…
UK-EU Post-Brexit Reset Shakes Markets: Gilt Yields Surge, Sterling Rallies
The United Kingdom and the European Union have reached a landmark agreement to reset their post-Brexit!-->…
Nigerian Stocks Edge Up as MPC Maintains Policy Rates
Nigeria’s equities market posted a slight gain of 0.03% on Tuesday, equivalent to a N20 billion increase in market!-->…
MTN Sues 20 Banks to Recover N6bn Interconnect Debt from SleekChip Technologies
MTN Nigeria has taken legal action against over 20 banks in an attempt to recover a debt of approximately N6!-->…
U.S. Treasury Yields Decline After Fed Signals Limited Rate Cut in 2025
U.S. Treasury yields experienced a decline on Tuesday following signals from the U.S. Federal Reserve that it!-->…