Real Time Financial News Website
U.S. President Donald Trump has announced a landmark trade deal with Japan that slashes tariffs on Japanese auto imports and includes a massive $550 billion Japanese investment and loan package…
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross Domestic Product (GDP) by the National Bureau of Statistics (NBS). The rebasing…
Despite a historic N20.1 trillion rally in Nigeria’s equities market in 2025, six publicly listed companies have bucked the trend, shedding an average of 40% of their market value year-to-date.…
In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of ₦1.99 trillion. According to data from the Securities and Exchange Commission (SEC),…
Investor activity in Nigeria’s stock market soared last week, especially within the banking sector, following the Central Bank of Nigeria’s (CBN) recapitalisation directive. This resulted in an impressive N500.76 billion…
The Debt Management Office (DMO) has successfully raised N4.27 billion through the Federal Government of Nigeria (FGN) Savings Bonds for July 2025. This reflects a moderate increase from the N4.01…
Fitch Solutions anticipates that the Bank of Ghana (BoG) will maintain its benchmark policy rate at 28% during an emergency Monetary Policy Committee (MPC) meeting scheduled for Thursday, July 17,…
The Nigerian capital market achieved a significant milestone in the first half of 2025, with total market capitalisation rising by N14.13 trillion to N126.73 trillion. This represents a 16% growth…
The Nigerian naira rallied to its strongest level since March, closing at N1,518 per dollar on the official foreign exchange market. This milestone marks a psychological breakthrough, as the currency…
The Nigerian equities market kicked off the new trading week on a strong positive note, with the overall market capitalisation surpassing the N80 trillion mark. The All Share Index (ASI)…
U.S. consumer price data released on Tuesday showed signs that tariff-related inflation is starting to take hold, sending Wall Street’s major indexes — the S&P 500 and Nasdaq — retreating…
Nigeria’s newly updated Investment and Securities Act (ISA) of 2025 officially recognizes cryptocurrencies and other virtual assets as securities, marking a major shift in the country’s approach to digital finance.…
Traders are holding steady on their expectations that the Federal Reserve will begin cutting short-term interest rates by September, even after a recent government report showed a higher-than-expected increase in…
In a surprise move, the Reserve Bank of Australia (RBA) kept its policy interest rate unchanged at 3.85% on Tuesday, despite widespread expectations of a 25-basis-point cut. The central bank…
The Debt Management Office (DMO) has commenced the subscription window for the July 2025 issuance of the Federal Government of Nigeria (FGN) Savings Bonds, featuring competitive interest rates. Investors can…
The Nigerian naira saw a modest appreciation on Monday across both the official and parallel foreign exchange markets following the resumption of international usage of naira-denominated debit cards by several…
The Central Bank of Nigeria (CBN) has mandated all affected banks to submit detailed capital restoration plans as part of efforts to exit the ongoing regulatory forbearance regime. This directive…
The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 issuance of the Federal Government of Nigeria (FGN) Savings Bonds. The subscription period runs from…
OpenAI has clarified that it has no affiliation with Robinhood’s recent stock token promotion involving its brand. Earlier this week, Robinhood announced a campaign offering eligible European users €5 worth…
A high-level delegation from the Central Bank of The Gambia, led by Nyang Medeleine Gomez, has adopted Nigeria’s National Insurance Commission (NAICOM) regulatory approach during a recent working visit to…
Business activity in Nigeria’s private sector weakened in June 2025, hitting its lowest level in seven months, according to Stanbic IBTC Bank’s latest Purchasing Managers’ Index (PMI) report. The PMI…
Currency in circulation (CIC) in Nigeria rose slightly to N5.015 trillion in May 2025 from N5.003 trillion in April, according to new data from the Central Bank of Nigeria (CBN).…
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has wrapped up high-level discussions in China, signaling a significant breakthrough in the country’s ongoing debt restructuring process. His meetings with China’s Ministry…
The Nigerian Exchange Limited (NGX) has announced major changes in its semi-annual market index review, effective July 1, 2025. Notably, Conoil Plc and Julius Berger Nigeria Plc have been removed…
Tax analysts in Ghana are urging the Ghana Revenue Authority (GRA) to reconsider the 3% flat tax rate applied to small businesses with annual sales of GH¢20,000 and above. They…
Shareholders under the Independent Shareholders Association of Nigeria (ISAN) have strongly opposed the new legislation passed by the National Assembly mandating the transfer of unclaimed dividends to the Central Bank…
In the first half of 2025, Nigerian banks’ deposits with the Central Bank of Nigeria (CBN) soared to N67.72 trillion, marking a 730% year-on-year increase from N8.15 trillion in the…
Nigeria’s outstanding promissory notes declined by 15.6% in the first quarter of 2025, according to the Debt Management Office (DMO). The total fell from ₦1.542 trillion in December 2024 to…
First City Monument Bank (FCMB) officially opened a new branch in Sangotedo, Lagos, on June 26, 2025, as part of its expansion strategy. The commissioning ceremony brought together top FCMB…
The Trade, Industry and Tourism Committee of Ghana’s Parliament has urged the Bank of Ghana (BoG) to intensify its monitoring and regulatory efforts to ensure the sustained stability of the…