Real Time Financial News Website
Nigeria’s economic reforms are already showing measurable impact on domestic capital formation and global investment potential, the Group Chief Executive Officer of Nigerian Exchange Group Plc (NGX), Temi Popoola, has…
Nigeria’s digital finance ecosystem has reached a staggering $96 billion in cryptocurrency and other virtual asset transactions, the Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, revealed. Speaking…
The African Development Bank (AfDB) has approved a $5.52 million grant to strengthen tax systems in Nigeria and several West African countries, a move aimed at modernizing tax administration and…
The FinTech Association of Nigeria has voiced strong support for recent banking reforms introduced by the Central Bank of Nigeria (CBN), emphasizing that the measures will improve security, curb fraud,…
The Nigerian Exchange market capitalisation soared to N127.36 trillion as the week ended on a strong note, reflecting renewed investor confidence and strategic bargain-hunting. The NGX All-Share Index rose 0.73%,…
The Securities and Exchange Commission (SEC) of Ghana has clarified the inclusion of the Ghana Gold Board (GoldBod) in its newly launched Virtual Asset Regulatory Sandbox, addressing public questions about…
Nigeria’s deposit money banks (DMBs) have parked nearly N7 trillion in excess cash at the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF), highlighting a persistent liquidity surplus in…
Nigeria’s February bond auction drew robust investor interest, as the Debt Management Office (DMO) issued N800 billion in Federal Government bonds. Total subscriptions reached N739 billion, up from N715 billion…
Nigeria spent about $5.21bn servicing external debt in 2025, according to data released by the Central Bank of Nigeria. The figure represents more than 72 per cent of the country’s…
The Nigerian Treasury Bills (NTB) market has witnessed a significant decline in investor subscription, dropping to N6.13 trillion in the first two months of 2026. Data from the Central Bank…
The naira traded at N1,401.4 per dollar on Tuesday at Nigeria’s official foreign exchange (FX) market, marking a continued depreciation. Data from the Nigerian Foreign Exchange Market (NFEM) shows the…
The Securities and Exchange Commission (SEC) has called for stronger participation of women in Nigeria’s capital market, highlighting their vital role in strengthening financial institutions and boosting investor confidence. The…
European markets are expected to open notably higher on Tuesday, as investors respond to falling oil prices and ongoing geopolitical developments in the Middle East. Futures tied to the Stoxx…
The oil and gas sector emerged as the top performer on the Nigerian Exchange Limited (NGX) last week, posting a remarkable 9.43% gain. Investors were particularly drawn to Aradel Holdings…
Kenya’s retirement benefits sector recorded a remarkable growth in 2025, with total pension assets hitting KSh 2.81 trillion by December, according to the Retirement Benefits Authority (RBA). This represents an…
Ghana’s recent Treasury bill auction has once again exceeded expectations, signaling strong investor confidence in government securities. The Bank of Ghana reported that the government raised GH¢458 million above its…
The Nigerian stock market continued its upward momentum this week, with the total market capitalisation climbing to N126.43 trillion, according to the latest report from the Nigerian Exchange Limited (NGX).…
The Nigerian Exchange Group (NGX), in collaboration with the Central Securities Clearing System (CSCS) and Women in Management, Business and Public Service (WIMBIZ), will celebrate International Women’s Day 2026 with…
The Nigerian pension fund industry has kicked off 2026 with remarkable growth, reaching a new high of N28.04 trillion in total assets as of January 31, 2026. This marks a…
Investors poured N2.34 trillion in bids at the latest Nigerian Treasury Bills (NTB) auction, more than double the N1.05 trillion initially offered by the Debt Management Office (DMO). The strong…
The U.S. dollar held steady in early Asian trading on Friday, buoyed by escalating tensions in the Middle East that have sent investors rushing toward safe-haven assets. With conflict intensifying,…
Nigerian banks’ lending to the private sector dipped to N75.24 trillion in January 2026, down from N75.83 trillion in December 2025, the Central Bank of Nigeria (CBN) reported. The decline,…
The Central Bank of Nigeria (CBN) has increased its gold reserves to $3.5 billion by acquiring domestically sourced, London Bullion Market Association (LBMA) certified bullion, highlighting the bank’s push to…
The Central Bank of Nigeria (CBN) recorded strong investor interest at its Treasury Bill Primary Market Auction held on March 4, 2026, attracting total subscriptions of N2.34 trillion. Out of…
European markets are set to open in mixed territory on Thursday, reflecting heightened investor caution amid ongoing geopolitical tensions in the Middle East. Traders are closely monitoring the intensifying conflict…
Nigeria’s currency recorded a historic turnaround in 2025 as reforms by the Central Bank of Nigeria (CBN) helped the naira post its first annual appreciation in 13 years. According to…
Nigeria’s net external reserves have skyrocketed by 772 percent over the past two years, reaching $34.8 billion at the end of 2025, up from just $3.99 billion in 2023, the…
Nigeria’s Value Added Tax (VAT) revenue surged to a record N1.08 trillion in January 2026, marking the first full month under a new revenue-sharing formula, The PUNCH reports. This represents…
European stocks opened higher on Wednesday as investors monitored escalating tensions in the Middle East. The Stoxx Europe 600 rose 1.2% by mid-morning London time, while London’s FTSE 100 gained…
The Federal Government of Nigeria (FGN) has announced its March 2026 Savings Bond, offering retail investors interest rates of up to 13.906% per annum. According to a circular released on…