Browsing Category
Finance
CBN Raises ₦8.99 Trillion via T-Bills in 7 Months as Rates Drop to 15%
The Central Bank of Nigeria (CBN) raised a total of ₦8.99 trillion through Treasury Bills (T-Bills) auctions in…
Nigerian Pension Funds Seek Alternative Investments to Protect N24 Trillion Amid…
Operators in the Nigerian pension industry are calling for regulatory reforms to allow broader investment…
NGX Market Cap Drops N663bn as Bearish Sentiment Persists
The Nigerian Exchange (NGX) extended its bearish streak on Wednesday as equities investors lost N663…
PenCom Blacklists Seven Mortgage Banks, Suspends RSA-Backed Equity Contributions
The National Pension Commission (PenCom) has suspended the processing of equity contribution applications from…
Bank of Ghana Unveils Sweeping Reforms to Manage Credit Risk, Boost Liquidity, and…
The Bank of Ghana (BoG) has announced a comprehensive package of regulatory reforms aimed at strengthening the…
Public-Private Partnerships Vital to Expanding Nigeria’s Non-Interest Finance…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stressed that stronger…
Pension fund investment in real estate balloons by 418% to N77.8bn
Pension fund investments in Real Estate Investment Trusts (REITs) surged dramatically by 417.8% to N77.8 billion…
Ghana’s Financial Sector Assets Surge to GH₵525bn in 2024 Despite Lower GDP Share
Ghana’s financial sector recorded substantial growth in 2024, with total assets climbing by 34.6% to GH₵525.59…
European Markets Poised for Positive Start as Global Trade Talks Take Center Stage
European markets are expected to open the week on a positive note, with futures data indicating modest gains…
SEC DG Agama Named Vice Chair of IOSCO’s Africa/Middle East Committee
Dr. Emomotimi Agama, Director-General of Nigeria’s Securities and Exchange Commission (SEC), has been elected Vice…
Pension Fund Performance Review: FCMB Pensions Limited Leads with 5.68% Return in…
Nigeria’s pension industry maintained its steady performance in July 2025, delivering positive returns across all…
Digital Banking Breaches Spike 56% in Nigeria as CBN Warns of Tough Sanctions
Nigeria’s banking sector is facing a growing cybersecurity crisis, with cyber theft risks surging 56% in the first…
Nigerian Bank Customers Protest Excessive Charges, Urge CBN and NDIC to Intervene
Bank customers across Nigeria are voicing strong dissatisfaction over what they describe as excessive and frequent…
Nigeria’s Foreign Investment Jumps 67% to $5.6bn in Q1 2025
Nigeria experienced a significant boost in foreign capital inflows in the first quarter (Q1) of 2025, with total…
Nigerian Stock Market Hits Record High as NGX Gains 5.07%, Adds ₦4.32 Trillion in…
The Nigerian Exchange (NGX) continued its remarkable bullish run, marking its tenth consecutive week of gains. The…
FG’s Forex Windfall Plummets 73% in H1 2025 Amid Exchange Rate Realignment
Nigeria’s federal government saw a sharp 73% decline in foreign exchange (FX) gains during the first half of 2025,…
Banks Flood CBN with N79.8 Trillion in Deposits Amid Surging Liquidity and Tight…
Banks’ deposits with the Central Bank of Nigeria (CBN) skyrocketed by 783.7% year-on-year to N79.8 trillion in the…
NGX Wraps Up Bullish July with N12.62tn Surge, All-Time Highs Set Ahead of…
The Nigerian Exchange (NGX) ended July 2025 on a powerful bullish streak, with market capitalization surging by a…
Bank of Ghana Slashes Interest Rate to 25% as Inflation Drops, Sparking Price…
The Bank of Ghana (BoG) has significantly cut its benchmark interest rate by 300 basis points, reducing it from…
Nigeria Eurobond Yields Hit 3-Year Low as Investor Confidence Surges on Economic…
Nigeria’s Eurobond yields are nearing their lowest levels in three years, a development driven by strong investor…
Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure…
The Federal Reserve is expected to maintain current interest rates following its meeting this week, echoing the…
European Stocks Climb as US-EU Trade Deal Calms Markets, but Euro Slips
European markets opened the week on a positive note after a long-awaited trade deal between the United States and…
Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor…
Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally…
Bank of Ghana’s MPC Convenes to Set Economic Tone Amid Signs of Stability
The Bank of Ghana’s Monetary Policy Committee (MPC) kicked off its 125th regular meeting today, July 28, to assess…
Cashless Surge: Nigerians Push E-Payments to N317.2 Trillion in Q1 2025
Nigeria’s adoption of digital finance continues to surge as electronic payment transactions rose by 24%…
SEC Embraces Quantum and Blockchain to Transform Nigeria’s Capital Market
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed the…
Nigeria’s Economy Rebounds: Edun Hails Rebasing and Q1 2025 GDP Growth as…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has praised the rebased…
NGX Ends Flat Despite N67bn Market Cap Gain as Trading Volume Slumps
The Nigerian Exchange Limited (NGX) wrapped up Wednesday’s trading session on a muted note, recording a modest…
African Sovereign Wealth Funds Rise as Pillars of Infrastructure and Economic…
Sovereign wealth funds (SWFs) across Africa are emerging as powerful tools for capital mobilisation, strategic…
Trump-Japan Trade Pact Slashes Auto Tariffs, Unlocks $550 Billion Investment Boost
U.S. President Donald Trump has announced a landmark trade deal with Japan that slashes tariffs on Japanese auto…