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Category: Finance

Bank of Ghana Unveils Sweeping Reforms to Manage Credit Risk, Boost Liquidity, and Strengthen Banking Resilience
BusinessFinanceLocal

Bank of Ghana Unveils Sweeping Reforms to Manage Credit Risk, Boost Liquidity, and Strengthen Banking Resilience

The Bank of Ghana (BoG) has announced a comprehensive package of regulatory reforms aimed at strengthening the country’s banking sector.…

byEkeminiAugust 14, 2025August 14, 2025
Public-Private Partnerships Vital to Expanding Nigeria’s Non-Interest Finance Sector — Wale Edun
BusinessFinanceLocal

Public-Private Partnerships Vital to Expanding Nigeria’s Non-Interest Finance Sector — Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stressed that stronger public-private partnerships (PPPs) are…

byEkeminiAugust 13, 2025August 13, 2025
Pension fund investment in real estate balloons by 418% to N77.8bn
FinanceinvestmentLocal

Pension fund investment in real estate balloons by 418% to N77.8bn

Pension fund investments in Real Estate Investment Trusts (REITs) surged dramatically by 417.8% to N77.8 billion in the first half…

byEkeminiAugust 12, 2025August 12, 2025
Ghana’s Financial Sector Assets Surge to GH₵525bn in 2024 Despite Lower GDP Share
BusinessFinanceLocal

Ghana’s Financial Sector Assets Surge to GH₵525bn in 2024 Despite Lower GDP Share

Ghana’s financial sector recorded substantial growth in 2024, with total assets climbing by 34.6% to GH₵525.59 billion, according to the…

byEkeminiAugust 12, 2025August 12, 2025
European Markets Poised for Positive Start as Global Trade Talks Take Center Stage
BusinessFinanceInternational

European Markets Poised for Positive Start as Global Trade Talks Take Center Stage

European markets are expected to open the week on a positive note, with futures data indicating modest gains across major…

byEkeminiAugust 12, 2025August 12, 2025
SEC DG Agama Named Vice Chair of IOSCO’s Africa/Middle East Committee
BusinessFinanceLocal

SEC DG Agama Named Vice Chair of IOSCO’s Africa/Middle East Committee

Dr. Emomotimi Agama, Director-General of Nigeria’s Securities and Exchange Commission (SEC), has been elected Vice Chairman of the Africa/Middle East…

byEkeminiAugust 11, 2025August 11, 2025
Pension Fund Performance Review: FCMB Pensions Limited Leads with 5.68% Return in July 2025
BusinessFinanceLocal

Pension Fund Performance Review: FCMB Pensions Limited Leads with 5.68% Return in July 2025

Nigeria’s pension industry maintained its steady performance in July 2025, delivering positive returns across all Retirement Savings Account (RSA) fund…

byEkeminiAugust 11, 2025August 11, 2025
Digital Banking Breaches Spike 56% in Nigeria as CBN Warns of Tough Sanctions
BusinessFinanceLocalTechnology

Digital Banking Breaches Spike 56% in Nigeria as CBN Warns of Tough Sanctions

Nigeria’s banking sector is facing a growing cybersecurity crisis, with cyber theft risks surging 56% in the first half of…

byEkeminiAugust 11, 2025August 11, 2025
Nigerian Bank Customers Protest Excessive Charges, Urge CBN and NDIC to Intervene
BusinessFinanceLocal

Nigerian Bank Customers Protest Excessive Charges, Urge CBN and NDIC to Intervene

Bank customers across Nigeria are voicing strong dissatisfaction over what they describe as excessive and frequent debit alerts on their…

byEkeminiAugust 11, 2025August 11, 2025
Nigeria’s Foreign Investment Jumps 67% to $5.6bn in Q1 2025
FinanceinvestmentLocal

Nigeria’s Foreign Investment Jumps 67% to $5.6bn in Q1 2025

Nigeria experienced a significant boost in foreign capital inflows in the first quarter (Q1) of 2025, with total capital importation…

byEkeminiAugust 6, 2025August 6, 2025
Nigerian Stock Market Hits Record High as NGX Gains 5.07%, Adds ₦4.32 Trillion in Value
BusinessFinanceLocal

Nigerian Stock Market Hits Record High as NGX Gains 5.07%, Adds ₦4.32 Trillion in Value

The Nigerian Exchange (NGX) continued its remarkable bullish run, marking its tenth consecutive week of gains. The All-Share Index (ASI)…

byEkeminiAugust 4, 2025August 4, 2025
FG’s Forex Windfall Plummets 73% in H1 2025 Amid Exchange Rate Realignment
FinanceLocalMacroeconomic

FG’s Forex Windfall Plummets 73% in H1 2025 Amid Exchange Rate Realignment

Nigeria’s federal government saw a sharp 73% decline in foreign exchange (FX) gains during the first half of 2025, dropping…

byEkeminiAugust 1, 2025August 1, 2025
Banks Flood CBN with N79.8 Trillion in Deposits Amid Surging Liquidity and Tight Money Market
BusinessFinanceLocal

Banks Flood CBN with N79.8 Trillion in Deposits Amid Surging Liquidity and Tight Money Market

Banks’ deposits with the Central Bank of Nigeria (CBN) skyrocketed by 783.7% year-on-year to N79.8 trillion in the first seven…

byEkeminiAugust 1, 2025August 1, 2025
NGX Wraps Up Bullish July with N12.62tn Surge, All-Time Highs Set Ahead of Earnings Season
BusinessFinanceLocal

NGX Wraps Up Bullish July with N12.62tn Surge, All-Time Highs Set Ahead of Earnings Season

The Nigerian Exchange (NGX) ended July 2025 on a powerful bullish streak, with market capitalization surging by a remarkable N12.62tn.…

byEkeminiAugust 1, 2025August 1, 2025
Bank of Ghana Slashes Interest Rate to 25% as Inflation Drops, Sparking Price Reductions
BusinessFinanceLocalMacroeconomic

Bank of Ghana Slashes Interest Rate to 25% as Inflation Drops, Sparking Price Reductions

The Bank of Ghana (BoG) has significantly cut its benchmark interest rate by 300 basis points, reducing it from 28%…

byEkeminiJuly 31, 2025July 31, 2025
Nigeria Eurobond Yields Hit 3-Year Low as Investor Confidence Surges on Economic Reforms
BusinessFinanceLocal

Nigeria Eurobond Yields Hit 3-Year Low as Investor Confidence Surges on Economic Reforms

Nigeria’s Eurobond yields are nearing their lowest levels in three years, a development driven by strong investor confidence in the…

byEkeminiJuly 31, 2025July 31, 2025
Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure Mount
FinanceInternationalMacroeconomic

Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure Mount

The Federal Reserve is expected to maintain current interest rates following its meeting this week, echoing the stance taken in…

byEkeminiJuly 30, 2025July 30, 2025
European Stocks Climb as US-EU Trade Deal Calms Markets, but Euro Slips
FinanceInternationalMacroeconomicStock

European Stocks Climb as US-EU Trade Deal Calms Markets, but Euro Slips

European markets opened the week on a positive note after a long-awaited trade deal between the United States and the…

byEkeminiJuly 28, 2025July 28, 2025
Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor Confidence
FinanceinvestmentLocalMacroeconomic

Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor Confidence

Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally in the country’s…

byEkeminiJuly 28, 2025July 28, 2025
Bank of Ghana’s MPC Convenes to Set Economic Tone Amid Signs of Stability
FinanceLocalMacroeconomic

Bank of Ghana’s MPC Convenes to Set Economic Tone Amid Signs of Stability

The Bank of Ghana’s Monetary Policy Committee (MPC) kicked off its 125th regular meeting today, July 28, to assess recent…

byEkeminiJuly 28, 2025July 28, 2025
Cashless Surge: Nigerians Push E-Payments to N317.2 Trillion in Q1 2025
BusinessFinanceLocalTechnology

Cashless Surge: Nigerians Push E-Payments to N317.2 Trillion in Q1 2025

Nigeria’s adoption of digital finance continues to surge as electronic payment transactions rose by 24% year-on-year (YoY) to ₦317.2 trillion…

byEkeminiJuly 28, 2025July 28, 2025
SEC Embraces Quantum and Blockchain to Transform Nigeria’s Capital Market
BusinessFinanceLocal

SEC Embraces Quantum and Blockchain to Transform Nigeria’s Capital Market

The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed the Commission’s commitment to leveraging cutting-edge technologies…

byEkeminiJuly 24, 2025July 24, 2025
Nigeria’s Economy Rebounds: Edun Hails Rebasing and Q1 2025 GDP Growth as Signs of Inclusive Takeoff
FinanceinvestmentLocal

Nigeria’s Economy Rebounds: Edun Hails Rebasing and Q1 2025 GDP Growth as Signs of Inclusive Takeoff

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has praised the rebased Gross Domestic Product…

byEkeminiJuly 24, 2025July 24, 2025
NGX Ends Flat Despite N67bn Market Cap Gain as Trading Volume Slumps
BusinessFinanceinvestmentLocal

NGX Ends Flat Despite N67bn Market Cap Gain as Trading Volume Slumps

The Nigerian Exchange Limited (NGX) wrapped up Wednesday’s trading session on a muted note, recording a modest gain of N67bn…

byEkeminiJuly 24, 2025July 24, 2025
African Sovereign Wealth Funds Rise as Pillars of Infrastructure and Economic Stability — NSIA CEO
BusinessFinanceinvestmentLocal

African Sovereign Wealth Funds Rise as Pillars of Infrastructure and Economic Stability — NSIA CEO

Sovereign wealth funds (SWFs) across Africa are emerging as powerful tools for capital mobilisation, strategic investments, and long-term economic resilience,…

byEkeminiJuly 23, 2025July 23, 2025
Trump-Japan Trade Pact Slashes Auto Tariffs, Unlocks $550 Billion Investment Boost
FinanceInternationalinvestment

Trump-Japan Trade Pact Slashes Auto Tariffs, Unlocks $550 Billion Investment Boost

U.S. President Donald Trump has announced a landmark trade deal with Japan that slashes tariffs on Japanese auto imports and…

byEkeminiJuly 23, 2025July 23, 2025
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
FinanceLocalMacroeconomic

Debt-to-GDP ratio drops to 39.4% after GDP rebasing

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…

byEkeminiJuly 23, 2025July 23, 2025
Market Boom Masks 40% Stock Crash: Six Nigerian Firms Buck N20 Trillion Rally
BusinessFinanceLocal

Market Boom Masks 40% Stock Crash: Six Nigerian Firms Buck N20 Trillion Rally

Despite a historic N20.1 trillion rally in Nigeria’s equities market in 2025, six publicly listed companies have bucked the trend,…

byEkeminiJuly 22, 2025July 22, 2025
Nigerian Mutual Funds Surge by ₦1.99 Trillion in H1 2025, Driven by Money Market Investments
FinanceinvestmentLocal

Nigerian Mutual Funds Surge by ₦1.99 Trillion in H1 2025, Driven by Money Market Investments

In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of ₦1.99 trillion.…

byEkeminiJuly 21, 2025July 21, 2025
CBN Recapitalisation Sparks N500bn Surge in Bank Stocks on NGX
BusinessFinanceLocal

CBN Recapitalisation Sparks N500bn Surge in Bank Stocks on NGX

Investor activity in Nigeria’s stock market soared last week, especially within the banking sector, following the Central Bank of Nigeria’s…

byEkeminiJuly 21, 2025July 21, 2025

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