Ghana’s Bond Market Set to Drive Africa’s Capital Market Integration – BoG Governor
Ghana’s fixed-income market is emerging as one of Africa’s most credible and resilient bond platforms, with trading volumes reaching GHS214…
Category: Finance
Nigerian Equities Market Rebounds, Investors Gain N2.59 Trillion
The Nigerian equities market staged a strong recovery on Wednesday, delivering a welcome relief to investors following a steep market…
Nine Nigerian Banks Earn ₦2.81 Trillion from Fees and Commissions in Q3 2025
Nine leading Nigerian banks collectively raked in about ₦2.81 trillion from various fees and commissions in the third quarter of…
Edun Reassures Stockbrokers on Balanced Capital Gains Tax Implementation in Nigeria
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has reassured stockbrokers and investors that the…
UBA GMD Advocates New Financing Model to Boost Africa’s Competitiveness
The Group Managing Director of United Bank for Africa (UBA) Plc, Oliver Alawuba, has urged the adoption of a new…
European Markets Rise on US Government Spending Hope and Strong Corporate Earnings
European markets rose broadly on Wednesday, extending gains seen earlier this week amid optimism that the U.S. government shutdown may…
Nigeria’s $2.25bn Eurobond Success Reignites Global Investor Confidence
Nigeria has successfully raised $2.25 billion through a dual-tranche Eurobond, marking a significant comeback to the international capital market. The…
Nigeria’s FX Inflows Hit Five-Month High as Investor Confidence Surges
Nigeria’s foreign-exchange (FX) market recorded a remarkable rebound in October, reaching a five-month high as both foreign and domestic investors…
Nigeria Debt Hits N91.99 Trillion as Investors Brace for Higher Interest Rates
Nigeria’s total debt surged to N91.99 trillion last week as investors sold off bonds and Treasury bills in anticipation of…
Nigerian Stocks Fall as Profit-Taking Wipes Out ₦471.99bn — NGX Opens Week on Bearish Note
The Nigerian stock market opened the week on a bearish note, with the Nigerian Exchange Limited (NGX) recording a ₦471.99bn…
Lagos State Launches N214.8bn Bond to Fund Infrastructure and Green Projects
Lagos State has officially launched a dual bond offering worth N214.8 billion, marking its largest capital market move to date.…
Dollar Inflows Into Nigeria Jump 62% in October, Boosting Investor Confidence
Nigeria’s foreign exchange market recorded a major rebound in October as total dollar inflows into Nigeria climbed by 62.2 percent…
NGX Strengthens Africa’s Islamic Finance Leadership with Expansion of Non-Interest Finance Board
The Nigerian Exchange Limited (NGX) has reaffirmed its leadership in advancing Africa’s Islamic finance landscape with the strategic expansion of…
Biased Credit Ratings Cost Africa $75 Billion Annually, Experts Warn
Experts have sounded the alarm over the economic toll of biased credit ratings in Africa, revealing that the continent loses…
Nigerian Stock Market Suffers N1.3 Trillion Loss as Sell Pressure Deepens
The Nigerian stock market faced another tough session as sustained sell-offs dragged the market further into negative territory. Investors continued…
Asia-Pacific Stocks Rise as AI Boom Fuels Market Rebound; Japan and Hong Kong Lead Gains
Asia-Pacific markets advanced on Thursday, echoing Wall Street’s strong performance as artificial intelligence (AI)-linked stocks bounced back following solid earnings…
$500m Sukuk Boosts Ethical Finance Growth in Nigeria – SEC
The Securities and Exchange Commission (SEC) has announced that the approval of a $500 million international Sukuk marks a significant…
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion as SEC Pushes Ethical Finance Growth
Nigeria’s non-interest capital market has expanded to over ₦1.6 trillion, highlighting its increasing impact on financial inclusion and infrastructure financing.…
European Markets Struggle for Direction as Earnings Season and Rate Decisions Take Center Stage
European stock markets opened cautiously on Thursday, with investors treading carefully amid a wave of corporate earnings and upcoming central…
Nigerian Eurobond oversubscribed by 400% despite Trump’s threat
The Eurobond issued yesterday was oversubscribed four times, signaling deep investor confidence despite lingering geopolitical tension from Trump’s threat. The…
Nigeria’s $2.25bn Eurobond Oversubscribed Amid Strong Investor Confidence
Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance, drawing overwhelming investor demand despite…
Naira Recovers Value Amid Renewed Market Confidence in Nigeria
Nigeria’s naira regained ground on Tuesday after a temporary slump on Monday, signaling renewed confidence in the country’s economic stability.…
Tinubu Seeks ₦1.15 Trillion Loan to Bridge 2025 Budget Deficit
President Bola Ahmed Tinubu has requested Senate approval to secure a ₦1.15 trillion loan from the domestic market to finance…
Nigeria’s New $11.50 Travel Tax Sparks Outcry Among Airlines and Passengers
The Nigeria Civil Aviation Authority (NCAA) has announced a new $11.50 levy on all international air tickets, set to take…
FG, Banks Target $20 Billion Diaspora Investment to Boost Nigeria’s Economy
The Federal Government, in collaboration with leading banks and private investors, is intensifying efforts to channel over $20 billion in…
Naira and Nigerian Stocks Slide After Trump Threat of Military Action
Nigeria’s financial markets opened November 2025 under pressure as the naira and equities fell sharply following remarks by US President…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake Investment Platforms
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion to Ponzi schemes and…
Reps Launch Probe into Multiple Bank Charges, Excessive Tax Deductions on Workers’ Incomes
The House of Representatives has set up an ad-hoc committee to investigate widespread complaints over excessive tax deductions and multiple…
Economists Urge CBN to Introduce ₦10,000 and ₦20,000 Notes to Restore Naira’s Value
Nigeria’s weakening currency may soon require a major policy rethink, as a new report by Quartus Economics has urged the…
NGX Group Market Capitalisation Soars 37.7% to ₦141.75 Trillion as Investor Confidence Deepens
The Nigerian Exchange Group (NGX Group) has posted a remarkable 37.7 per cent surge in market capitalisation, rising to ₦141.75…