Real Time Financial News Website
United Capital Plc has reported a robust 35 per cent year-on-year growth in revenue, climbing from N43.43bn in 2024 to N58.55bn in 2025. The performance, revealed in the company’s audited…
Trading on the Nigerian Exchange (NGX) ended Monday on a positive note, with the All-Share Index climbing to 195,514.23 points from Friday’s 192,826.78. Market capitalization rose to N125.49tn from N123.76tn,…
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed loan facilities, amounting to N8.36tn ($5.6bn) in value. Analysis of Nigerian National Petroleum Company…
The Nigerian stock market recorded historic growth in February 2026, with investors collectively gaining N17.6 trillion, marking the largest monthly gain in the history of the Nigerian Exchange Limited (NGX).…
The Nigerian Naira is showing signs of recovery after years of volatility, with the currency trading around N1,340 per US dollar on the parallel market, up from lows beyond N1,600…
A leading digital marketplace company, Capsa Technology, has been named a top-8 finalist in the Afreximbank Flagship Accelerator Programme, standing out from over 1,600 high-growth ventures worldwide. The announcement underscores…
Nigeria will need to maintain annual economic growth of between 10 and 12 percent over the next decade if it hopes to achieve its ambitious $1 trillion economy target, according…
Sell-offs in key Nigerian stocks including BUA Foods Plc, MTN Nigeria Communications Plc, and Stanbic IBTC Holdings Plc triggered a sharp decline on the Nigerian Exchange (NGX) on Tuesday, erasing…
Investor interest in Federal Government of Nigeria (FGN) bonds surged in February 2026, with total subscriptions hitting N2.70 trillion, reflecting strong appetite even as the Debt Management Office (DMO) reduced…
The Nigerian government is stepping up efforts to make foreign-currency savings and investments more accessible to ordinary Nigerians, including those living abroad. This move is part of a broader strategy…
Temi Popoola, Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group, has emphasized the need for closer collaboration among regulators, stock exchanges, and international partners to channel…
Nigeria’s capital market has surged past N125 trillion, a milestone attributed to ongoing fiscal reforms aimed at strengthening investor confidence and stabilizing the economy, according to Taiwo Oyedele, Chairman of…
European markets are set to open broadly positive on Tuesday as investors digest the impact of the latest U.S. tariffs. Traders are balancing hopes for steady corporate earnings with concerns…
The Central Bank of Nigeria (CBN) is spearheading reforms in cross-border digital payments to drive growth and financial inclusion for Micro, Small, and Medium Enterprises (MSMEs) nationwide. Governor Olayemi Cardoso…
Mutual Benefits Insurance Plc has made a remarkable start to 2026, paying a total of N5.94bn in claims to its policyholders in January alone. The payout underscores the company’s financial…
The Federal Government of Nigeria has unveiled plans to allocate up to 5% of the nation’s Gross Domestic Product (GDP) to industrial financing, marking one of the most ambitious moves…
Bitcoin fell sharply in early Asian trading on Monday, sliding toward $64,000 as uncertainty over United States tariff policy rattled global markets. The selloff dragged down major cryptocurrencies, with Ether…
The Nigerian equities market maintained its positive streak yesterday, recording a remarkable N1.698 trillion gain as portfolio managers and income-focused investors increased their stakes in fundamentally strong stocks. The All…
South Korea’s Kospi index surged to a fresh record high for the second consecutive day on Friday, fueled by strong gains in semiconductor and defense stocks. SK Hynix, one of…
The Central Bank of Nigeria (CBN) has emphasized the transformative potential of digital cross-border payments while cautioning that weak regulation could expose developing economies to financial instability and currency risks.…
The Central Bank of Nigeria (CBN) has raised alarms over the rapid expansion of digital payments, warning that without careful regulation, the trend could lead to currency substitution and heightened…
Nigeria’s fixed income and foreign exchange market achieved a landmark turnover of N676.71 trillion on the FMDQ Exchange in 2025, according to data published on the Exchange’s official website. The…
Nigeria’s capital market reached a new milestone as Dangote Cement Plc launched its first Commercial Paper (CP) issuance on the Nigerian Exchange Limited (NGX). The listing includes Series 1 and…
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has called on banks and development finance institutions across Africa to play a leading role in driving the continent’s industrialisation…
The Government of Ghana has successfully settled GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking a major milestone in the nation’s debt management strategy. The…
Analysts have raised concerns over the Federal Government’s (FG) plan to sell selected state-owned assets and enterprises to private investors in 2026, warning that the initiative seems to prioritise short-term…
President Bola Tinubu has called for a more equitable global financial system, highlighting that African countries continue to pay disproportionately high borrowing costs. Writing in an opinion piece, Tinubu criticized…
Growing concerns about data privacy in Nigeria’s financial inclusion efforts are emerging as a major obstacle to bringing millions into the formal financial system. Despite years of investment in broadband…
The Federal Government of Nigeria (FGN) has successfully raised N5.913 billion from retail investors through its February 2026 Savings Bond offer, the Debt Management Office (DMO) announced. The subscription window,…
The Nigerian stock market recorded a remarkable gain of N6.79 trillion in its week-on-week performance, driven by the National Pension Commission (PenCom)’s recent decision to increase equity allocation limits for…