Real Time Financial News Website
Nigeria’s financial markets opened November 2025 under pressure as the naira and equities fell sharply following remarks by US President Donald Trump threatening possible military action over alleged religious persecution…
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion to Ponzi schemes and illegal investment platforms over the years. The regulator warned that…
The House of Representatives has set up an ad-hoc committee to investigate widespread complaints over excessive tax deductions and multiple bank charges affecting civil and public servants across Nigeria. The…
Nigeria’s weakening currency may soon require a major policy rethink, as a new report by Quartus Economics has urged the Central Bank of Nigeria (CBN) to introduce higher-value naira notes…
The Nigerian Exchange Group (NGX Group) has posted a remarkable 37.7 per cent surge in market capitalisation, rising to ₦141.75 trillion as of September 2025 from ₦102.94 trillion recorded during…
Nigeria’s soaring interest rates are taking a toll on corporate bond issuance, with pension fund investments in corporate debt declining slightly, industry data reveals. According to analysts, the high cost…
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed as a major milestone for the country’s economy, with the Director-General of the Securities and Exchange…
Nigeria processed over $50 billion in cryptocurrency transactions between July 2023 and June 2024, highlighting the growing sophistication and risk appetite of local investors, according to the Securities and Exchange…
Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has recorded a remarkable 53% increase in Profit After Tax (PAT) for the nine months ended…
Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed deep concern over Nigerians’ preference for gambling over investment. Speaking at the annual conference of the Chartered…
The Central Bank of Nigeria (CBN) has pledged to strengthen ongoing financial reforms after Nigeria’s successful removal from the Financial Action Task Force (FATF) “grey list.” The apex bank said…
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that the global shift toward sustainable finance is transforming how investment decisions are made, influencing corporate…
Over-the-counter (OTC) cryptocurrency trading is quietly emerging as the unseen engine of Africa’s digital financial ecosystem, according to a new report by Quidax, one of the continent’s leading digital asset…
In a landmark move for Africa’s financial markets, the West African Development Bank (BOAD) has successfully issued a €1 billion bond with a 15-year maturity, marking the longest euro-denominated benchmark…
The Federal Government’s proposed $2.35 billion external borrowing plan is a carefully balanced strategy aimed at financing the 2025 national budget and refinancing maturing Eurobonds, according to Patience Oniha, Director-General…
The International Monetary Fund (IMF) has issued a stark warning to Nigeria and other Sub-Saharan African countries, urging urgent reforms in tax systems and debt management to counter rising fiscal…
Nigeria is spearheading a groundbreaking financing model aimed at unlocking billions of dollars for infrastructure projects across Africa. The initiative, developed in collaboration with the African Development Bank (AfDB) and…
The Securities and Exchange Commission (SEC) has urged Nigerian stockbrokers to uphold the highest standards of professionalism and ethical conduct to sustain trust and transparency in the nation’s capital market.…
Nigeria’s external reserves have reached a five-year high of $43.4 billion, signaling a major boost in the country’s financial stability. The Central Bank of Nigeria (CBN) has reassured foreign investors…
The Federal Government of Nigeria has unveiled a strategic initiative to strengthen the country’s foreign reserves by purchasing locally-mined gold, reducing reliance on scarce dollars. The programme, launched in August…
Nigeria is edging closer to a long-awaited fiscal transformation as the International Monetary Fund (IMF) expressed strong confidence in the nation’s reform-driven economic trajectory. In its latest fiscal assessment, the…
The Securities and Exchange Commission (SEC) has announced plans to shorten Nigeria’s capital market settlement cycle from T+3 to T+2, a move expected to enhance market efficiency, minimize systemic risks,…
The Securities and Exchange Commission (SEC) has entered into a landmark partnership with the National Universities Commission (NUC) to enhance financial and investment education across Nigerian universities. The initiative, unveiled…
Over the last decade, the rise of digital banking and fintech platforms has transformed how Nigerians manage their money, offering convenience at their fingertips. But beneath the surface of these…
Nigeria’s bond market maintained its bullish momentum last week as investor appetite for government securities surged, driving average yields down to 18.38 per cent from 18.57 per cent the previous…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, will head Nigeria’s delegation to the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank…
The International Monetary Fund (IMF) is set to reach a staff-level agreement with Ghana today, October 10, 2025, following the conclusion of the fifth review of the country’s $3 billion…
Ghana’s local currency, the cedi, is set to receive a timely boost as the Bank of Ghana (BoG) injects $1.15 billion into the foreign exchange market under its Domestic Gold…
Asian stocks stumbled on Friday as investor confidence wavered amid political uncertainty in Japan and rising economic tensions between the U.S. and China. After recent strong gains, regional markets took…
The Central Bank of Nigeria (CBN) has called on Nigerians at home and in the diaspora to embrace the newly unveiled Payments System Vision 2028, a strategic framework aimed at…