Real Time Financial News Website
Trading activity on the Nigerian Exchange Limited (NGX) slowed last week as investors exchanged 2.74 billion shares valued at N85.20 billion across 127,284 deals for the week ended September 19,…
The Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank (Afreximbank), has reported a record net income of $40.3 million for 2024, a…
VFD Group Plc has successfully redeemed its ₦4.24 billion Series 4 Commercial Paper, issued on December 19, 2024, under its ₦20 billion Commercial Paper Programme. The full repayment, announced on…
Standard Chartered Ghana convened a high-level Business and Economic Roundtable at its Accra headquarters, gathering senior government officials, private sector leaders, and development partners to explore strategies for Ghana’s economic…
The Nigerian naira fell by N9.88 against the US dollar at the official foreign exchange market on Wednesday, even as the country’s external reserves continued to climb. The Central Bank…
Mobile money continues to dominate Ghana’s financial landscape, with transactions reaching GHC354.1 billion in August 2025, according to the latest data from the Bank of Ghana (BoG). While this figure…
The Nigerian Exchange Limited (NGX) is exploring a significant extension of its trading hours, moving from the current 9:30 am–2:30 pm schedule to 9 am–5 pm, The PUNCH can exclusively…
United Bank for Africa (UBA) is set to take center stage at the 80th United Nations General Assembly (UNGA 2025) with the launch of a landmark whitepaper aimed at unlocking…
European equity markets opened in positive territory on Wednesday as global investors awaited the U.S. Federal Reserve’s latest policy decision. The central bank is widely expected to trim interest rates…
In Nigeria, headlines about plunging indices, falling share prices, and foreign capital flight often stir anxiety among investors. Yet experts say these downturns should not be seen as a signal…
Ghana’s government fell short of its Treasury bill target last week, missing the mark by GH¢2.03 billion amid weakening investor appetite. According to the Bank of Ghana, the Treasury accepted…
The Ghanaian cedi’s sharp decline in recent weeks has reignited debate over how the currency was previously stabilised. Richard Ahiagbah, Communications Director of the New Patriotic Party (NPP), claims the…
The Securities and Exchange Commission (SEC) has announced that adopting the International Sustainability Standards Board (ISSB) disclosure framework will significantly reduce information risk, lower capital costs for Nigerian companies, and…
Wema Bank Plc has received the green light from both the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) for its ₦150 billion rights issue, marking…
President John Dramani Mahama has projected that the Ghanaian cedi will maintain moderate depreciation in the coming months, remaining within a band of around 5% annually. The President emphasized that…
Graduating cadets of the Nigerian Defence Academy (NDA) have been advised to adopt early and sustained investment habits in Nigeria’s capital market as a pathway to sustainable wealth creation and…
The Securities and Exchange Commission (SEC) has called on Nigerian insurance companies to seize opportunities in the capital market to raise funds for their ongoing recapitalisation exercise. The regulator’s appeal…
The Central Bank of Nigeria (CBN) has announced that its 302nd Monetary Policy Committee (MPC) meeting will take place later this month in Abuja. According to the official statement on…
The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, as investors’ strong interest in banking and insurance stocks lifted the market by N254 billion. The gain extends the positive…
Nigerian banks are poised to channel newly raised recapitalisation funds into technology upgrades, digital lending, and expansion into non-banking services, McKinsey & Company has revealed. The insight came from Mayowa…
U.S. Treasury yields remained largely unchanged on Tuesday as investors awaited critical inflation data that could shape the Federal Reserve’s next policy moves. The benchmark 10-year Treasury yield hovered around…
Nigeria, widely recognized for its rapid adoption of cryptocurrencies and digital wallets, is struggling to convert its tech-savvy population into active investors in the local capital market, according to Proshare’s…
Heirs Insurance Group has secured a major boost to its credibility after leading ratings agency Agusto&Co awarded strong credit ratings to its subsidiaries, underscoring the group’s financial strength, disciplined operations,…
The Central Bank of Nigeria (CBN) is stepping up measures to secure digital transactions with new rules for point-of-sale (PoS) terminals, introducing mandatory geo-tagging and global payment standards. Governor Dr.…
The Ghanaian cedi’s recent status as a global top performer has hit a stumbling block as rising demand for dollars by importers weighs on the currency. Companies stocking up for…
The British Pound fell sharply on Tuesday, sliding 0.9% against the U.S. dollar as investors grew increasingly concerned over the United Kingdom’s public finances. Sterling traded at 1.3388 USD by…
Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria. In a statement on…
Treasury bill auctions in Ghana continue to struggle with weak investor demand, as the latest primary market results revealed a significant undersubscription. Data from the Bank of Ghana shows that…
Nigeria’s diaspora remittances have witnessed a sharp surge, hitting $600 million monthly in the past two months, according to the Central Bank of Nigeria (CBN). The figure represents a 200…
The Nigerian Exchange closed in the red on Thursday as bearish trading wiped off N438 billion from investors’ wealth, pushing the equities market capitalisation down to N88.9 trillion. The All-Share…