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Finance
Treasury Yields Drop Ahead of Trump’s Tariff Policy Rollout Amid Economic…
On Tuesday, U.S. Treasury yields decreased as investors braced for the rollout of President Donald Trump's tariff!-->…
Investment and Securities Act Passage Receives Widespread Praise, Set to Boost…
The recent passage of the Investment and Securities Act (ISA) has garnered significant approval from key!-->…
Global Markets Stabilize Ahead of Trump’s Tariff Announcement, Gold Hits…
Asian equities saw a modest rebound on April 1, following Wall Street’s gains the previous day, while gold surged!-->…
Financial Institutions in Africa Face Growing Cybercrime Threats, Summit to…
Financial institutions in Africa are increasingly becoming prime targets of cybercrime, according to the!-->…
Naira Depreciates by 2.5% in March Amid Flat External Reserves
In March 2025, the naira experienced a 2.5% depreciation against the US dollar in the official foreign exchange!-->…
Nigeria’s External Debt Hits N66.14 Trillion in Q3 2024 Amid Growing Fiscal…
In the third quarter of 2024, Nigeria’s external debt reached N66.14 trillion (approximately $43.03 billion),!-->…
Nigerian Stock Market Gains N3.5 Trillion in Q1 2025 Amid Strong Corporate…
The Nigerian stock market saw an impressive surge in the first quarter of 2025, with a gain of N3.49 trillion.!-->…
Nigeria Secures $500 Million World Bank Loan to Boost Economic Resilience
Nigeria has secured a $500 million loan from the World Bank to address its ongoing economic challenges through the!-->…
Wall Street Braces for Trump’s Tariff Announcement Amid Ongoing Uncertainty
Wall Street is anxiously awaiting U.S. President Donald Trump’s tariff policy announcement on April 2, hoping it!-->…
Nigeria’s Interbank Lending Rate Reaches 5-Year High Amid Central Bank’s Tightened…
Nigeria’s interbank lending rate hit a five-year high of 28.58 percent in January 2025, as the Central Bank of!-->…
Nigerian Stock Market Suffers N31bn Loss Amid Mixed Sector Performances
The Nigerian Exchange Limited continued its downward trend on Thursday, with the market capitalisation dipping by!-->…
Stakeholders Advocate for Boosting Local Capital to Fuel Impact Investments in…
At the 2025 Investors Roundtable in Lagos, key stakeholders from the financial, investment, and development!-->…
Asia Stocks Fall Amid Rising US Tariffs, Gold Hits Record High
Asian stock markets saw significant declines on Friday, driven by heavy selling in South Korea and Japan, as fears!-->…
Nigeria Faces Economic Slowdown as Money Supply Declines for the First Time
Nigeria's economic outlook is growing increasingly uncertain as the country experiences its first decline in money!-->…
Liquidity Surge Reduces T-Bill Yields, Eases Borrowing Costs for Nigerian…
Increased liquidity in Nigeria's financial markets has led to a decline in the yields on one-year Treasury bills!-->…
Bank of America Sees 80% Surge in Mortgage Applications in Q1
Bank of America has reported a significant 80% jump in mortgage applications during the first quarter of 2025,!-->…
Naira Strengthens in Black Market After Cardoso’s Warning, Weakens at…
The Naira experienced a positive shift in the parallel foreign exchange (FX) market on Wednesday, gaining N10!-->…
US Dollar Strengthens Amid Ongoing Tariff Uncertainty and Economic Data
The US dollar gained strength against both the Euro and the Japanese Yen on Wednesday, as traders closely!-->…
NGX Market Capitalisation Drops by N74bn Amid Bearish Market Trend
The Nigerian Exchange Limited (NGX) experienced a decline in market capitalisation by N74 billion at the close of!-->…
Analysts Predict Drop in T-Bill Yields as Liquidity Improves Ahead of CBN Auction
As Nigeria prepares for its Treasury Bill (T-Bill) auction on Wednesday, analysts expect a decline in yields due!-->…
U.S. Fed Rate Hold Triggers Sell-Off of Nigeria Eurobonds Amid Global Market…
The decision by the U.S. Federal Reserve to hold interest rates steady has contributed to a significant sell-off!-->…
CBN Governor Cardoso Reaffirms Commitment to FX Stability and Inflation Control
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the institution's dedication to stabilizing!-->…
Nigeria’s Inflation Eases, FirstHoldCo Shines, and Cocoa Prices Surge to…
Nigeria's inflation rate has eased to 23.18%, signaling a potential relief for households and businesses as the!-->…
Ghana’s Finance Minister Assures Capital Market Reopening and Debt Repayment…
Finance Minister, Dr. Cassiel Ato Forson, emphasized the importance of reopening Ghana's capital markets,!-->…
Nigeria’s Debt Servicing Hits Four-Year High Amid Rising Borrowing and…
Nigeria's debt repayment reached a four-year high of $4.65 billion in 2024, marking a 32.9% increase from the!-->…
U.S. Treasury Yields Rise as Hopes of Trade War Easing Boost Investor Confidence
U.S. Treasury yields increased on Monday, driven by growing optimism that President Donald Trump's stance on trade!-->…
Nigerian Equity Market Recovers with N369bn Gain, Boosting Investor Confidence
The Nigerian equity market experienced a strong rebound on Monday, gaining N369 billion as the All-Share Index!-->…
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!-->…