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 30 years of…
Category: Finance
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 trillion economy…
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 performance…
Nigeria’s FX Reserves See Modest Rebound with $12.06M Increase Amid Ongoing Economic Challenges
Nigeria’s gross foreign exchange (FX) reserves have seen a slight recovery, rising by $12.06 million to $38.36 billion as of…
SEC to Publicly “Shame” Capital Market Offenders in New Enforcement Strategy
The Securities and Exchange Commission (SEC) of Nigeria has unveiled a bold new approach to tackle violations within the country’s…
Bank of Ghana Appoints New Board of Directors to Tackle Economic Challenges
The Bank of Ghana has officially inaugurated a new Board of Directors to address the nation’s economic challenges and reinforce…
One-Year T-Bills Yield Soars to 22.52% Amid Liquidity Challenges
In a surprising development, the Central Bank of Nigeria (CBN) sold its one-year Treasury bills at a yield of 22.52%,…
Bitcoin’s Bear Market Hits New Investors Hard as Crypto Faces Setbacks
The latest bear market in Bitcoin has significantly impacted newer investors who rushed into the cryptocurrency during its peak last…
Stock Market Declines by N48.45bn Amid Sell-Off on Key Stocks
The Nigerian stock market continued its downward trend yesterday, dropping by N48.45 billion, marking its second consecutive day of decline.…
Ghana Faces GHS 55 Billion Financial Crisis at BoG, ECG, and COCOBOD – Ato Forson Reveals
Finance Minister Dr. Cassiel Ato Forson has revealed that the Bank of Ghana (BoG) is facing a critical financial crisis,…
Stocks Decline as Trump’s Tariffs Weigh on Market Sentiment, Gold Nears Record High
Asian stocks saw a dramatic reversal on Thursday, slipping from initial gains into losses due to concerns over the economic…
CBN Leadership Overhaul Aimed at Boosting Efficiency and Productivity
The Central Bank of Nigeria (CBN) has appointed 16 new directors as part of a strategic overhaul to improve its…
Bitcoin Reserves Could Generate Up to $81 Trillion for U.S. by 2045
Michael Saylor, the executive chairman of Microstrategy, has proposed that the United States could earn between $16 trillion and $81…
Stock Markets Tumble in Nigeria and US Amid Global Uncertainty
The Nigerian stock market experienced a sharp downturn on Tuesday, with investors losing N285 billion, or 0.43 percent, as market…
Telcos Boost Investments to Meet Surging Data Demand in Nigeria
Telecommunication giants MTN Nigeria and Airtel Africa have ramped up their investments in network infrastructure to meet the growing demand…
Economist Criticizes Ghana’s 2025 Inflation Goal as Too Ambitious Despite Recent Progress
Economist Professor Patrick Asuming has expressed concerns over the government’s 2025 inflation target of 11.9%, labeling it as “a little…
Public-Private Partnerships Crucial to Closing Nigeria’s $100 Billion Investment Gap – Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has underscored the importance of Public-Private Partnerships (PPPs)…
Nigeria’s ₦54.99 Trillion 2025 Budget Faces Revenue and Debt Challenges
Nigeria has unveiled its largest budget in 65 years, with a proposed ₦54.99 trillion for 2025, marking a 56.89% increase…
FG Expands Bond Listings with Over 900 Million Units on Nigerian Exchange Limited
The Federal Government of Nigeria has expanded its bond listings with an additional 910.3 million units of its existing February…
Firm seeks SEC approval for crowdfunding platform
Promiseland Building and Construction Limited has formally applied to Nigeria’s Securities and Exchange Commission (SEC) for approval to operate a…
FG Targets Wealth Creation with N1.5tn BOA Recapitalization
The Nigerian Federal Government has unveiled plans to inject N1.5 trillion into the Bank of Agriculture (BOA) as part of…
Nigerian Equity Market Opens Week with N52bn Gain
The Nigerian stock market began the trading week on a positive note, with a notable increase in market capitalization by…
CBN Strengthens Operations with New Director Appointments and Strategic Vision for 2024-2028
The Central Bank of Nigeria (CBN) recently appointed 16 new directors to enhance its operations and regulatory oversight. These appointments…
Five Nigerian Firms Project Combined Profit of N54bn in Q2 2025
Five companies listed on the Nigerian Exchange (NGX) are expected to record a total profit after tax of N54.77 billion…
Africa Finance Corporation Marks First London Stock Exchange Listing with Market Close Ceremony
Africa Finance Corporation (AFC) recently achieved a significant milestone by marking its first-ever listing on the London Stock Exchange (LSE)…
Fitch Assigns Negative Outlook to Adani Energy Amid U.S. Probe Risks
Fitch Ratings has placed a negative outlook on Adani Energy Solutions Limited, citing concerns over corporate governance and the ongoing…
CBN Aims for Single-Digit Inflation with Forex Stability Measures
The Central Bank of Nigeria (CBN) has been working diligently to stabilize the foreign exchange (forex) market, resulting in notable…
China Bond Yields Surge as Investors Reassess Rate Cut Expectations
China’s sovereign bond yields reached their highest levels of the year, as investor optimism about economic growth led to reduced…
Nigeria’s Economic Recovery Gathers Momentum Amid Positive Indicators
Nigeria’s economy is showing encouraging signs of recovery, driven by positive macroeconomic indicators such as rising foreign direct investment (FDI)…
NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn
In a remarkable achievement, Nigerian Exchange Group Plc (NGX Group) has proposed a record dividend of N4.4 billion, marking a…