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Finance
Analysts Predict Drop in T-Bill Yields as Liquidity Improves Ahead of CBN Auction
As Nigeria prepares for its Treasury Bill (T-Bill) auction on Wednesday, analysts expect a decline in yields due!-->…
U.S. Fed Rate Hold Triggers Sell-Off of Nigeria Eurobonds Amid Global Market…
The decision by the U.S. Federal Reserve to hold interest rates steady has contributed to a significant sell-off!-->…
CBN Governor Cardoso Reaffirms Commitment to FX Stability and Inflation Control
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the institution's dedication to stabilizing!-->…
Nigeria’s Inflation Eases, FirstHoldCo Shines, and Cocoa Prices Surge to…
Nigeria's inflation rate has eased to 23.18%, signaling a potential relief for households and businesses as the!-->…
Ghana’s Finance Minister Assures Capital Market Reopening and Debt Repayment…
Finance Minister, Dr. Cassiel Ato Forson, emphasized the importance of reopening Ghana's capital markets,!-->…
Nigeria’s Debt Servicing Hits Four-Year High Amid Rising Borrowing and…
Nigeria's debt repayment reached a four-year high of $4.65 billion in 2024, marking a 32.9% increase from the!-->…
U.S. Treasury Yields Rise as Hopes of Trade War Easing Boost Investor Confidence
U.S. Treasury yields increased on Monday, driven by growing optimism that President Donald Trump's stance on trade!-->…
Nigerian Equity Market Recovers with N369bn Gain, Boosting Investor Confidence
The Nigerian equity market experienced a strong rebound on Monday, gaining N369 billion as the All-Share Index!-->…
Mercurie Launches Naira Payment Solution for Nigerian Businesses
Cross-border payment issues have long hindered the growth of Nigerian businesses, with over 4.9 million companies!-->…
Money Market Funds Stay Attractive Despite Rate Decline, Offering Strong Returns
Money market funds (MMFs) continue to be a reliable investment option, even as interest rates on most instruments!-->…
Bitcoin Surges Above $86,000 as Crypto Market Rides Positive Sentiment
Bitcoin and other leading cryptocurrencies experienced notable gains on Monday, driven by strong investor!-->…
SEC Intensifies Measures Against Fraud, Promises Stricter Oversight of Nigeria’s…
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to protecting investors in Nigeria’s!-->…
China’s Equity Market Sees Strong Revival as Tech Sector Attracts Global Investors
Global investors are showing renewed interest in mainland China’s stock markets, marking a shift after two years!-->…
African Finance Ministers Push for Immediate AfCFTA Implementation to Drive Trade…
The 57th session of the Conference of African Ministers of Finance, Planning, and Economic Development, held in!-->…
Naira Holds Steady Against Dollar in Black Market, Slightly Depreciates Officially
The naira remained stable against the dollar at the parallel foreign exchange market on Thursday, closing at!-->…
Naira Faces Growing FX Liquidity Risk Amid Economic and Geopolitical Challenges
The Nigerian naira is facing increasing pressure in the foreign exchange market as it depreciated to N1,580/$ in!-->…
FCMB Expands Presence with New Branch in Ogbomosho
First City Monument Bank (FCMB) has officially opened a new branch in Ogbomosho, aimed at boosting financial!-->…
FCTA Approves N2.1 Billion Contracts, Including N242.8 Million for FCT-IRS…
The Federal Capital Territory Administration (FCTA) has approved a total of N2,183,399,860 for various contracts!-->…
European Markets Mixed as Central Bank Decisions Loom; Hapag-Lloyd Faces…
European stock markets showed mixed performance on Thursday, with investors focusing on key central bank!-->…
Deloitte: Ghana’s 4% GDP Growth Target for 2025 Feasible but Faces Key Risks
Deloitte has affirmed that Ghana's 4% GDP growth target for 2025 is achievable, especially following the 5.7%!-->…
Rwanda’s Economy Expands 8.9% in 2024, Driven by Strong Agricultural and…
Rwanda’s economy experienced significant growth in 2024, expanding by 8.9%, surpassing the previous year’s 8.2%!-->…
Ghana’s Top 10 SOEs Report GHC11bn Loss in 2023
In 2023, Ghana's 10 largest State-Owned Enterprises (SOEs) by asset base reported a combined net loss of GHC11!-->…
65.5% of Nigerians Advocate for Lower Lending Rates, CBN Survey Reveals
A new survey by the Central Bank of Nigeria (CBN) has revealed that 65.5% of Nigerian households support a!-->…
Fed’s Dot Plot Eases Investor Concerns, U.S. Markets Surge as Interest Rate…
The U.S. Federal Reserve's decision to keep interest rates steady and maintain a forecast of two rate cuts in 2025!-->…
Ghana Must Strengthen Domestic Bond Market to Reduce External Borrowing – Terkper
In a recent address at the PricewaterhouseCoopers (PwC) 2025 Budget Digest Forum, Presidential Advisor on the!-->…
Nigeria’s Economic Rebase Offers New Growth Opportunities for Businesses and…
Nigeria has entered 2025 at a crucial economic crossroads, following a period of substantial reforms designed to!-->…
Stock Market Sees N266bn Loss Amid Profit-Taking in BUA Cement and Other Stocks
The Nigerian stock market experienced a decline of N266 billion on the back of profit-taking, particularly in BUA!-->…
CBN Approves Greenwich Holdings Structure to Strengthen Financial Group’s…
The Central Bank of Nigeria (CBN) has granted approval for the establishment of Greenwich Holdings Limited as the!-->…
UK-listed Savannah Energy Acquires Nigerian Oil Assets for $35 Million to Boost…
Savannah Energy, a UK-listed independent energy company, has successfully completed its acquisition of Sinopec!-->…
Bearish Market Opening: Investors Lose N7.8bn as ASI Drops 0.15%
The Nigerian stock market started the week with a bearish performance, as the All-Share Index (ASI) dipped by!-->…