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Finance
UBA GMD Advocates New Financing Model to Boost Africa’s Competitiveness
The Group Managing Director of United Bank for Africa (UBA) Plc, Oliver Alawuba, has urged the adoption of a new…
European Markets Rise on US Government Spending Hope and Strong Corporate Earnings
European markets rose broadly on Wednesday, extending gains seen earlier this week amid optimism that the U.S.…
Nigeria’s $2.25bn Eurobond Success Reignites Global Investor Confidence
Nigeria has successfully raised $2.25 billion through a dual-tranche Eurobond, marking a significant comeback to…
Nigeria’s FX Inflows Hit Five-Month High as Investor Confidence Surges
Nigeria’s foreign-exchange (FX) market recorded a remarkable rebound in October, reaching a five-month high as both…
Nigeria Debt Hits N91.99 Trillion as Investors Brace for Higher Interest Rates
Nigeria’s total debt surged to N91.99 trillion last week as investors sold off bonds and Treasury bills in…
Nigerian Stocks Fall as Profit-Taking Wipes Out ₦471.99bn — NGX Opens Week on…
The Nigerian stock market opened the week on a bearish note, with the Nigerian Exchange Limited (NGX) recording a…
Lagos State Launches N214.8bn Bond to Fund Infrastructure and Green Projects
Lagos State has officially launched a dual bond offering worth N214.8 billion, marking its largest capital market…
Dollar Inflows Into Nigeria Jump 62% in October, Boosting Investor Confidence
Nigeria’s foreign exchange market recorded a major rebound in October as total dollar inflows into Nigeria climbed…
NGX Strengthens Africa’s Islamic Finance Leadership with Expansion of Non-Interest…
The Nigerian Exchange Limited (NGX) has reaffirmed its leadership in advancing Africa’s Islamic finance landscape…
Biased Credit Ratings Cost Africa $75 Billion Annually, Experts Warn
Experts have sounded the alarm over the economic toll of biased credit ratings in Africa, revealing that the…
Nigerian Stock Market Suffers N1.3 Trillion Loss as Sell Pressure Deepens
The Nigerian stock market faced another tough session as sustained sell-offs dragged the market further into…
Asia-Pacific Stocks Rise as AI Boom Fuels Market Rebound; Japan and Hong Kong Lead…
Asia-Pacific markets advanced on Thursday, echoing Wall Street’s strong performance as artificial intelligence…
$500m Sukuk Boosts Ethical Finance Growth in Nigeria – SEC
The Securities and Exchange Commission (SEC) has announced that the approval of a $500 million international Sukuk…
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion as SEC Pushes…
Nigeria’s non-interest capital market has expanded to over ₦1.6 trillion, highlighting its increasing impact on…
European Markets Struggle for Direction as Earnings Season and Rate Decisions Take…
European stock markets opened cautiously on Thursday, with investors treading carefully amid a wave of corporate…
Nigerian Eurobond oversubscribed by 400% despite Trump’s threat
The Eurobond issued yesterday was oversubscribed four times, signaling deep investor confidence despite lingering…
Nigeria’s $2.25bn Eurobond Oversubscribed Amid Strong Investor Confidence
Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance,…
Naira Recovers Value Amid Renewed Market Confidence in Nigeria
Nigeria’s naira regained ground on Tuesday after a temporary slump on Monday, signaling renewed confidence in the…
Tinubu Seeks ₦1.15 Trillion Loan to Bridge 2025 Budget Deficit
President Bola Ahmed Tinubu has requested Senate approval to secure a ₦1.15 trillion loan from the domestic market…
Nigeria’s New $11.50 Travel Tax Sparks Outcry Among Airlines and Passengers
The Nigeria Civil Aviation Authority (NCAA) has announced a new $11.50 levy on all international air tickets, set…
FG, Banks Target $20 Billion Diaspora Investment to Boost Nigeria’s Economy
The Federal Government, in collaboration with leading banks and private investors, is intensifying efforts to…
Naira and Nigerian Stocks Slide After Trump Threat of Military Action
Nigeria’s financial markets opened November 2025 under pressure as the naira and equities fell sharply following…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake…
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion…
Reps Launch Probe into Multiple Bank Charges, Excessive Tax Deductions on Workers’…
The House of Representatives has set up an ad-hoc committee to investigate widespread complaints over excessive tax…
Economists Urge CBN to Introduce ₦10,000 and ₦20,000 Notes to Restore Naira’s…
Nigeria’s weakening currency may soon require a major policy rethink, as a new report by Quartus Economics has…
NGX Group Market Capitalisation Soars 37.7% to ₦141.75 Trillion as Investor…
The Nigerian Exchange Group (NGX Group) has posted a remarkable 37.7 per cent surge in market capitalisation,…
High Interest Rates Suppress Corporate Bond Issuance in Nigeria, Pension Fund…
Nigeria’s soaring interest rates are taking a toll on corporate bond issuance, with pension fund investments in…
FATF Delisting to Boost Foreign Investments in Nigeria, Says SEC DG Emomotimi…
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed as a major milestone for…
Nigeria Sees $50 Billion in Cryptocurrency Transactions as Traditional Market…
Nigeria processed over $50 billion in cryptocurrency transactions between July 2023 and June 2024, highlighting the…
Africa Prudential Reports 53% Profit Surge in Nine Months, Boosted by Core…
Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has recorded…