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Finance
Afreximbank’s FEDA Records $40.3 Million Profit in 2024, Expands Impact Across…
The Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank…
VFD Group Completes N4.24 Billion Commercial Paper Redemption, Reinforcing…
VFD Group Plc has successfully redeemed its ₦4.24 billion Series 4 Commercial Paper, issued on December 19, 2024,…
Standard Chartered Hosts Economic Roundtable in Accra, Pledges Support for…
Standard Chartered Ghana convened a high-level Business and Economic Roundtable at its Accra headquarters,…
Naira Slips N9.88 Against Dollar Despite Rising External Reserves: Experts See…
The Nigerian naira fell by N9.88 against the US dollar at the official foreign exchange market on Wednesday, even…
Ghana’s Mobile Money Transactions Hit GHC354.1 Billion in August as Digital…
Mobile money continues to dominate Ghana’s financial landscape, with transactions reaching GHC354.1 billion in…
NGX Considers Extending Trading Hours to 5 PM Amid Push for Market Innovation
The Nigerian Exchange Limited (NGX) is exploring a significant extension of its trading hours, moving from the…
UBA Unveils Groundbreaking Whitepaper at UNGA 2025 to Unlock Africa’s Economic…
United Bank for Africa (UBA) is set to take center stage at the 80th United Nations General Assembly (UNGA 2025)…
European Stocks Edge Higher Ahead of U.S. Federal Reserve Rate Cut Decision
European equity markets opened in positive territory on Wednesday as global investors awaited the U.S. Federal…
Turning stock market downturns into long-term gains
In Nigeria, headlines about plunging indices, falling share prices, and foreign capital flight often stir anxiety…
Ghana’s T-Bill Auction Misses Target by GH¢2.03bn as Investor Appetite Weakens
Ghana’s government fell short of its Treasury bill target last week, missing the mark by GH¢2.03 billion amid…
Cedi Depreciation Sparks Debate Over Bank of Ghana’s Currency Support, Ahiagbah…
The Ghanaian cedi’s sharp decline in recent weeks has reignited debate over how the currency was previously…
ISSB-Aligned Sustainability Disclosures to Boost Nigeria’s Capital Market, Lower…
The Securities and Exchange Commission (SEC) has announced that adopting the International Sustainability…
CBN and SEC Approve Wema Bank’s ₦150bn Rights Issue, Pushing Capital Above…
Wema Bank Plc has received the green light from both the Central Bank of Nigeria (CBN) and the Securities and…
Ghana’s Cedi Expected to Stabilize Within 5% Depreciation, President Mahama Says
President John Dramani Mahama has projected that the Ghanaian cedi will maintain moderate depreciation in the…
Nigerian Defence Academy Cadets Urged to Embrace Capital Market Investments for…
Graduating cadets of the Nigerian Defence Academy (NDA) have been advised to adopt early and sustained investment…
SEC Urges Nigerian Insurers to Tap Capital Market for Recapitalisation Funds
The Securities and Exchange Commission (SEC) has called on Nigerian insurance companies to seize opportunities in…
CBN Schedules MPC Meeting for September 22: Investors Eye Interest Rate Decisions…
The Central Bank of Nigeria (CBN) has announced that its 302nd Monetary Policy Committee (MPC) meeting will take…
NGX Extends Bullish Run with N254bn Gain as Banking and Insurance Stocks Drive…
The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, as investors’ strong interest in banking…
Nigerian Banks Set to Boost Digital Lending and Tech with Recapitalisation Funds –…
Nigerian banks are poised to channel newly raised recapitalisation funds into technology upgrades, digital…
U.S. Treasury Yields Steady Ahead of Key Inflation Reports as Market Eyes Fed Rate…
U.S. Treasury yields remained largely unchanged on Tuesday as investors awaited critical inflation data that could…
Nigeria Risks Losing Digital-Native Investors Amid Capital Market Bottlenecks –…
Nigeria, widely recognized for its rapid adoption of cryptocurrencies and digital wallets, is struggling to…
Heirs Insurance Earns Strong Agusto&Co Ratings, Strengthening Market Position
Heirs Insurance Group has secured a major boost to its credibility after leading ratings agency Agusto&Co…
CBN Strengthens Digital Payments with Geo-Tagged PoS Terminals and ISO 20022…
The Central Bank of Nigeria (CBN) is stepping up measures to secure digital transactions with new rules for…
Ghanaian Cedi Loses Ground as Import Demand Surges Ahead of Holiday Season
The Ghanaian cedi’s recent status as a global top performer has hit a stumbling block as rising demand for dollars…
British Pound Slides 0.9% Amid U.K. Fiscal Concerns, European Markets Weaken
The British Pound fell sharply on Tuesday, sliding 0.9% against the U.S. dollar as investors grew increasingly…
Union Bank completes merger with Titan Trust Bank
Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited,…
Ghana Treasury Bills Undersubscribed by 50% as Yields Decline Across All Tenors
Treasury bill auctions in Ghana continue to struggle with weak investor demand, as the latest primary market…
Nigeria’s Diaspora Remittances Surge to $600m Monthly, Says CBN Governor Cardoso
Nigeria’s diaspora remittances have witnessed a sharp surge, hitting $600 million monthly in the past two months,…
Nigerian Stock Market Slips to N88.9tn Amid Bearish Trading, Investors Lose N438bn
The Nigerian Exchange closed in the red on Thursday as bearish trading wiped off N438 billion from investors’…
Africa Prudential Records 75% Profit Growth in H1 2025 on Strong Diversified…
Africa Prudential Plc has reported a robust financial performance for the first half of 2025, posting a 75 percent…