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Finance
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross…
Market Boom Masks 40% Stock Crash: Six Nigerian Firms Buck N20 Trillion Rally
Despite a historic N20.1 trillion rally in Nigeria’s equities market in 2025, six publicly listed companies have…
Nigerian Mutual Funds Surge by ₦1.99 Trillion in H1 2025, Driven by Money Market…
In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of…
CBN Recapitalisation Sparks N500bn Surge in Bank Stocks on NGX
Investor activity in Nigeria’s stock market soared last week, especially within the banking sector, following the…
FGN Savings Bonds Attract N4.27bn in July Amid Lower Interest Rates
The Debt Management Office (DMO) has successfully raised N4.27 billion through the Federal Government of Nigeria…
Fitch Expects BoG to Hold Policy Rate at 28% Amid Easing Inflation, Eyes Potential…
Fitch Solutions anticipates that the Bank of Ghana (BoG) will maintain its benchmark policy rate at 28% during an…
Nigerian Stock Market Hits N127tr Capitalisation as Reforms, Investor Confidence…
The Nigerian capital market achieved a significant milestone in the first half of 2025, with total market…
Naira Hits 4-Month High at N1,518/$ as CBN Interventions and Oil Output Boost…
The Nigerian naira rallied to its strongest level since March, closing at N1,518 per dollar on the official…
Nigerian Stock Market Opens Week Bullish, Hits N80 Trillion Market Cap
The Nigerian equities market kicked off the new trading week on a strong positive note, with the overall market…
Tariff Pressures Rattle Markets as U.S. Inflation Data Clouds Fed Rate Outlook
U.S. consumer price data released on Tuesday showed signs that tariff-related inflation is starting to take hold,…
Crypto Crackdown or Come-Up? New Nigerian Regulations Could Make or Break Industry…
Nigeria’s newly updated Investment and Securities Act (ISA) of 2025 officially recognizes cryptocurrencies and…
Traders Maintain Bets on September Fed Rate Cut Despite June Inflation Rise
Traders are holding steady on their expectations that the Federal Reserve will begin cutting short-term interest…
Australia Holds Interest Rate Steady at 3.85% Amid Inflation Uncertainty
In a surprise move, the Reserve Bank of Australia (RBA) kept its policy interest rate unchanged at 3.85% on…
FGN Opens July Savings Bonds with Up to 16.76% Interest Amid Stable Monetary…
The Debt Management Office (DMO) has commenced the subscription window for the July 2025 issuance of the Federal…
Naira Gains Slightly as Banks Resume International Use of Naira Cards
The Nigerian naira saw a modest appreciation on Monday across both the official and parallel foreign exchange…
CBN Orders Banks to Submit Capital Restoration Plans as Forbearance Regime Winds…
The Central Bank of Nigeria (CBN) has mandated all affected banks to submit detailed capital restoration plans as…
DMO Opens July FGN Savings Bond Offer with Up to 16.762% Interest Despite Slight…
The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 issuance of the…
OpenAI Denies Partnership with Robinhood Over Stock Token Giveaway
OpenAI has clarified that it has no affiliation with Robinhood’s recent stock token promotion involving its brand.…
Gambia Embraces Nigeria’s NAICOM Framework to Bolster Insurance Regulation
A high-level delegation from the Central Bank of The Gambia, led by Nyang Medeleine Gomez, has adopted Nigeria’s…
Nigeria’s Business Activity Hits 7-Month Low Amid Reforms and Inflation Struggles
Business activity in Nigeria’s private sector weakened in June 2025, hitting its lowest level in seven months,…
Currency in Circulation Hits N5.01 Trillion in May as Cash Outside Banks Grows to…
Currency in circulation (CIC) in Nigeria rose slightly to N5.015 trillion in May 2025 from N5.003 trillion in…
Ghana Makes Debt Deal Strides as Finance Minister Concludes Landmark China Talks
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has wrapped up high-level discussions in China, signaling a…
BREAKING: Conoil, Julius Berger exit NGX30 as Aradel, Wema Bank join
The Nigerian Exchange Limited (NGX) has announced major changes in its semi-annual market index review, effective…
Analysts Call for Review of Ghana’s 3% Flat Tax for Small Businesses Amid New Tax…
Tax analysts in Ghana are urging the Ghana Revenue Authority (GRA) to reconsider the 3% flat tax rate applied to…
Shareholders Oppose Law Mandating Transfer of Unclaimed Dividends to CBN
Shareholders under the Independent Shareholders Association of Nigeria (ISAN) have strongly opposed the new…
Banks’ Deposits with CBN Surge 730% to N67.72trn, Reflecting Excess Liquidity Amid…
In the first half of 2025, Nigerian banks’ deposits with the Central Bank of Nigeria (CBN) soared to N67.72…
Nigeria’s Promissory Notes Drop by 15.6% Amid Rising Debt Pressures
Nigeria’s outstanding promissory notes declined by 15.6% in the first quarter of 2025, according to the Debt…
FCMB Launches Sangotedo Branch to Boost Economic Growth in Lagos
First City Monument Bank (FCMB) officially opened a new branch in Sangotedo, Lagos, on June 26, 2025, as part of…
Parliament Urges Bank of Ghana to Safeguard Cedi Gains Amid Global Trade Dynamics
The Trade, Industry and Tourism Committee of Ghana’s Parliament has urged the Bank of Ghana (BoG) to intensify its…
US Stock Futures Climb as Micron Boosts AI Optimism; Investors Eye GDP and Fed…
U.S. stock futures advanced on Thursday, buoyed by strong earnings from Micron Technology that sparked investor…