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Finance
CBN Pledges Clean Naira Notes, Boosts Economic Stability at Abuja Trade Fair
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean and…
PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance…
Nigeria’s pension industry faces a major shake-up following the National Pension Commission’s (PenCom) new…
Global Stocks Rise as U.S. Shutdown Sparks Safe-Haven Demand and Fed Rate-Cut Bets
Global stock markets edged higher on Thursday as investors weighed the economic fallout from a potential U.S.…
Bank of Ghana Unveils Virtual Asset Bill to Ensure Safer Digital Transactions
The Bank of Ghana (BoG) has taken a bold step toward regulating the country’s fast-growing digital asset market…
NGX Introduces N150 Million Capital Gains Tax Exemption to Boost Nigerian…
The Nigerian Exchange Group (NGX) has announced a significant tax relief for investors in the country’s capital…
CBK Caps Mobile Money Fees: M-Pesa and Airtel Users to Pay Less for Transfers in…
Kenyans could soon enjoy cheaper mobile money transfers as the Central Bank of Kenya (CBK) moves to cap…
Ghana Treasury Bill Auction Undersubscribed: Government Misses Target by ¢2…
Ghana’s government fell short of its Treasury bill (T-bill) target last week, underscoring growing investor…
AMCON Offloads 34% Stake in Unity Bank to Providus Bank Ahead of Landmark Merger
The Asset Management Corporation of Nigeria (AMCON) has sold its entire 34 per cent equity holding in Unity Bank…
Mastercard Partners with Smile ID to Boost Secure Digital Identity Solutions…
Mastercard has strengthened its collaboration with Smile ID, a leading African identity verification company, to…
World Bank Urges Ghana to Favour Concessional Loans Over Costly Domestic Borrowing
The World Bank has advised Ghana’s government to prioritise concessional loans from international lenders over…
Ekiti tops fiscal transparency ranking with 100% success
Ado-Ekiti State has, once again, been recognised as the most fiscally transparent state in Nigeria, achieving a…
Ghana Signs $256 Million Debt Restructuring Deal with UK, Unlocking Key…
Ghana has taken a major step toward economic recovery by signing a $256 million bilateral debt restructuring…
PenCom Directs PFAs to Report Pension Contributions Above $10,000 to NFIU Within…
The National Pension Commission (PenCom) has issued a strict directive requiring all Pension Fund Administrators…
PenCom Opens Pension Funds to Foreign Currency Investments, Sets Reporting Rules…
The National Pension Commission (PenCom) has announced a major policy shift, allowing Pension Fund Administrators…
Nigerian Stock Market Loses N135bn in Third Weekly Decline Amid Investor Caution
The Nigerian Exchange Limited (NGX) closed in negative territory for the third time this week, losing N135 billion…
CBN Cuts MPR to 27%: Experts Praise Move, SMEs Struggle with High Borrowing Costs
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) by 50 basis points, bringing it down…
U.S. Treasury Yields Rise Amid Stronger Home Sales and Looming Government Shutdown
U.S. Treasury yields climbed on Wednesday as investors monitored upcoming economic data and weighed the risk of a…
Bank of Ghana Sets GH¢2 Million Minimum Capital for Digital Credit Providers to…
The Bank of Ghana has rolled out new licensing requirements for Digital Credit Service Providers, setting a…
GoldBod and GCX Move to Launch Regulated Gold Trading Platform in Ghana
The Ghana Gold Board (GoldBod) and the Ghana Commodity Exchange (GCX) have begun formal talks to introduce a…
UK and US Launch Joint Taskforce to Ease Capital Market Access and Regulate…
The United Kingdom and the United States have joined forces to make it easier for businesses to raise funds on…
Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia,…
Nigeria’s e-commerce market is on a steep growth trajectory, projected to exceed $16 billion by 2030, according to…
Nigerian Stock Market Weekly Report: NGX Turnover Slumps to N85.20bn Despite ASI…
Trading activity on the Nigerian Exchange Limited (NGX) slowed last week as investors exchanged 2.74 billion…
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…