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Finance
Africa Finance Corporation Marks First London Stock Exchange Listing with Market…
Africa Finance Corporation (AFC) recently achieved a significant milestone by marking its first-ever listing on…
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…
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,…
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…
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…
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…
Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project
The Bank of Ghana (BoG) has announced plans to contract Architectural and Engineering Services Limited (AESL) for…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence.…
Naira Stability Outlook Strong as CBN Maintains FX Market Interventions
The Central Bank of Nigeria (CBN) is expected to maintain the stability of the naira in the coming weeks through…
European Markets Drop as Trump Tariffs Impact Autos, Thales Shares Surge
European markets took a sharp downturn on Tuesday amid growing concerns over the global effects of U.S. tariffs on…
Bank of Ghana Suspends Gold-for-Oil Programme Amid Policy Challenges
The Bank of Ghana (BoG) has decided to suspend its Gold-for-Oil program due to operational and policy challenges…
Ghana Saves GH¢1bn After Treasury Bill Rate Reduction
Ghana has saved approximately GH¢1 billion following a significant reduction in Treasury Bill (T-Bill) rates,…
United Capital Proposes N9bn Final Dividend Following Strong 2024 Performance
United Capital Plc has announced a final dividend of N9 billion, equivalent to 50 kobo per share, for the year…
Hedge Funds and Institutional Investors Boost Retail Store Stocks Amid Economic…
In recent months, institutional investors, including hedge funds, have increased their investments in both online…
Nigerian Money Market Liquidity Rebounds in February, Likely to Sustain Bullish…
In February 2025, the Nigerian money market witnessed a notable improvement in system liquidity, reaching N572.8…
CBN Enhances Oversight to Safeguard Nigeria’s Financial System
The Central Bank of Nigeria (CBN) is intensifying efforts to ensure a transparent and resilient financial system…
Ten Stockbrokers Trade Over N601 Billion on NGX in First Two Months of 2025
In the first two months of 2025, ten stockbrokers on the Nigerian Exchange Limited (NGX) facilitated transactions…
NGX Group Sees 157.3% Surge in Profit, Reaches Record N13.6 Billion for 2024
NGX Group has reported a significant profit before tax (PBT) of N13.6 billion for the year ending 31 December…
CBN Enhances Financial Oversight to Strengthen Compliance with Global Banking…
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to reinforcing the nation's financial sector by…
Nigerian Stock Market Suffers N421bn Loss Amid Bearish Trends
The Nigerian Exchange experienced a significant downturn last week, with the market losing N421bn. The All-Share…
CBN Halts Interest Rate Hikes Amid Inflation Slowdown and Naira Strengthening
In a notable shift from its aggressive tightening policies, the Central Bank of Nigeria (CBN) has paused its…
Capital Market Key to Nigeria’s Economic Stability, Says Shettima
Vice President Kashim Shettima has highlighted the crucial role of Nigeria’s capital market in ensuring economic…
Net Foreign Exchange Inflows Surge by 44% to $41.89 Billion in 2024
The net foreign exchange inflows into Nigeria's economy increased by 44.8% year-on-year, reaching $41.89 billion…
Foreign Investment Outflow Hits N20.19bn in January, Threatening Market Stability
In January 2025, Nigeria’s stock market faced a significant challenge with a net foreign investment outflow of…
World Bank to Approve $2.2 Billion Loan for Nigeria in 2025
Nigeria is set to receive a $2.2 billion loan from the World Bank in 2025, aimed at supporting six major…
US Stock Futures Surge as Trump’s Tax Cut Plans Advance
U.S. stock futures saw a significant rebound on Wednesday following House Republicans' progress on Donald Trump’s…
Finance and Insurance Sectors Drive Nigeria’s GDP Growth in 2024
In 2024, Nigeria’s finance and insurance sectors played a significant role in boosting the country’s real GDP…
Ghana and Rwanda Sign MoU to Enhance Cross-Border Fintech Operations
Ghana and Rwanda have taken a significant step towards financial innovation by signing a Memorandum of…
SEC Shortens Capital Market Approval Time to 14 Days
The Securities and Exchange Commission (SEC) has significantly reduced the approval time for companies looking to…
Rewane: CBN’s Intervention Policies Strengthen Naira Stability
Economist Bismarck Rewane, CEO of Financial Derivative Company, has praised the Central Bank of Nigeria’s (CBN)…