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Finance
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…
U.S. Treasury Yields Drop as Investors Await Key Economic Data
U.S. Treasury yields saw a slight decline on Tuesday as investors prepared for crucial housing data and the…
Dr. Amin Adam Criticizes Ghana’s 24-Hour Economy Policy as Deceptive Without…
Former Finance Minister Dr. Mohammed Amin Adam has raised concerns about the Mahama government’s proposed 24-hour…
Rand Merchant Bank Economic Forum Highlights Key Strategies for Navigating…
Rand Merchant Bank Nigeria (RMB) hosted a high-profile economic forum in Lagos to address Nigeria's evolving…
Naira Depreciates Amid Global Trade War and Forex Outflows: CBN Intervenes to…
The ongoing trade tensions between the United States and several countries, including China and the European…
Kasief Isaacs Appointed CEO of Creation Capital to Drive Growth and Innovation
Creation Capital has appointed Kasief Isaacs as its new Chief Executive Officer, effective March 2025. With over…
Parthian Capital Launches Funds to Drive Nigeria’s $1 Trillion Economy Vision
Parthian Capital Limited has unveiled two new investment funds aimed at supporting Nigeria's goal of becoming a $1…
Stock Futures Drop as Wall Street Faces Uncertainty and Economic Slowdown Concerns
Stock futures dropped early on Monday following a tough week for the markets, with the Dow posting its worst…
Nigeria’s FX Reserves See Modest Rebound with $12.06M Increase Amid Ongoing…
Nigeria's gross foreign exchange (FX) reserves have seen a slight recovery, rising by $12.06 million to $38.36…