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Finance
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…
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…