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Finance
NRS: VAT on bank charges NOT introduced by new tax laws
The Nigeria Revenue Service (NRS) says value-added tax (VAT) on bank services charges was not introduced by the new…
Champion Breweries Redeems N4.21bn Commercial Paper, Strengthening Investor…
Champion Breweries Plc has successfully redeemed its N4.21bn Series 1 Commercial Paper (CP) notes at maturity, part…
Paystack Expands into Banking with Ladder Microfinance Acquisition in Nigeria
Nigeria’s fintech landscape is set to change as Paystack, the Stripe-owned payments giant, officially steps into…
DAPPMAN Confirms 60% National Fuel Supply, Pledges Commitment to Nigeria’s Energy…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has confirmed that its members now…
NGX Pension Broad Index Outperforms All-Share Index with 59.72% Return in 2025
The NGX Pension Broad Index, a benchmark for pension-compliant equity investments, delivered an impressive 59.72%…
European Stocks Soar as Greenland Talks Take Center Stage; BP Flags $5 Billion Q4…
European stocks surged to record levels on Wednesday as investors shifted their focus to high-stakes talks over…
NBS Updates CPI: Modern Consumption Patterns Transform Nigeria’s Inflation Data
The National Bureau of Statistics (NBS) has officially overhauled its approach to measuring inflation, discarding…
Nigeria’s Economic Reforms Boost Balance of Payments and Foreign Exchange Inflows
Nigeria’s ongoing economic reforms are showing tangible results, as the country records a significant rebound in…
Alphabet Surges to $4 Trillion Valuation as AI Innovations Boost Investor…
Alphabet, the parent company of Google, briefly crossed the $4 trillion market valuation mark on Monday, becoming…
US Financial Stocks Drop as Trump Proposes Credit Card Interest Rate Cap
U.S. financial stocks fell sharply in early trading on Monday after President Donald Trump proposed a one-year cap…
Oyedele Defends Nigeria’s New Tax Laws Against KPMG Critique
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has strongly rebutted…
FirstHoldCo Strengthens Non-Bank Subsidiaries with Key Board Appointments
FirstHoldCo Plc has announced a series of strategic board appointments across its non-commercial banking…
Nigeria’s Securities Firms Call for Collaborative Regulation and Faster Dispute…
Nigeria’s securities market operators are advocating for a new regulatory approach that emphasizes collaboration…
Nigerian Equities Rally by N3.84 Trillion as Investor Confidence Surges
Nigerian equities recorded a strong rebound last week, gaining N3.84 trillion in market value as renewed buying…
European Markets Rise Amid Mining Deals and Greenland Tensions
European markets opened in positive territory on Friday, with the pan-European Stoxx 600 climbing 0.37% by early…
UBA Surpasses N500bn Capital Milestone Following Successful Rights Issue
The United Bank for Africa (UBA) has officially surpassed the N500 billion capital threshold set by the Central…
US Banks Set for Strong Q4 Earnings Boosted by Investment Banking Rebound
Major United States banks are heading into the fourth-quarter earnings season with optimism, driven by a notable…
Asia‑Pacific Markets Slide as Trump’s Defense Crackdown and Oil Price Shift Shake…
Asia‑Pacific markets mostly declined on Thursday as investors reacted to renewed geopolitical tensions and policy…
Naira Strengthens by 7.5% in 2025, Hits N1,419 at Official Market
Nigeria’s currency capped a remarkable year in 2025, strengthening at the official foreign exchange market to close…
World Bank Places Innovation at the Heart of Global Development Strategy
The World Bank Group is making innovation a cornerstone of its global development strategy, moving beyond…
SEC to Intensify Market Enforcement in 2026 under ISA 2025 — Boosting Investor…
The Securities and Exchange Commission (SEC) has revealed plans to step up enforcement of market regulations in…
Nigerian Stock Market Surpasses N100 Trillion as Positive Momentum Drives Gains
The Nigerian stock market marked a historic milestone on January 5, 2026, as its total value soared past N100…
AI Investment Boom Could Drive Global Inflation in 2026, Experts Warn
Global stock markets are starting 2026 on a high, fueled by AI enthusiasm and strong corporate earnings. In the…
Nigeria’s Current Account Surplus Set to Reach $18.81 Billion in 2026 – CBN…
Nigeria’s current account balance is set to strengthen significantly in 2026, with the Central Bank of Nigeria…
Ghana Stock Market Leads Africa in 2025 with 79% Gain
The Ghana Securities Exchange (GSE) Composite Index has claimed the title of Africa’s best-performing stock market…
Cash Circulation Stabilizes in Nigeria Amid Central Bank Reforms
Nigeria’s cash supply is showing remarkable signs of stability following sweeping reforms by the Central Bank of…
Dollar Strengthens as Traders Focus on U.S. Economic Data Despite Venezuela…
The U.S. dollar started the first full trading week of 2026 on a strong note, rising to a three-and-a-half-week…
Naira Starts 2026 Stronger at ₦1,430/$ Amid Stable FX Market
The naira opened 2026 on a strong note, appreciating to ₦1,430.84 per US dollar at the official window, signaling a…
Bank Recapitalisation to Boost Nigerian Capital Market in 2026, Says CBN
The Central Bank of Nigeria (CBN) has projected a bullish outlook for the Nigerian capital market in 2026, citing…
Ghana to Operationalise Crypto Law: BoG and SEC Set to Issue Guidelines for…
Ghana is taking a major step toward formalising its cryptocurrency market as the Bank of Ghana (BoG) and the…