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…
Category: Finance
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…
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…
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…
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…
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…
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…
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…
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…
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)…
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…
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…
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.…
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%…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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,…
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.…
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…
FGN Savings Bonds Attract N4.27bn in July Amid Lower Interest Rates
The Debt Management Office (DMO) has successfully raised N4.27 billion through the Federal Government of Nigeria (FGN) Savings Bonds for…