Real Time Financial News Website
The Bank of Ghana (BoG) and the Bank of Rwanda are taking a major step toward enhancing financial integration in Africa by finalizing agreements for a fintech passport framework. Announced…
European stocks opened lower on Thursday as investors digested a fresh wave of corporate earnings and macroeconomic updates. The pan-European Stoxx 600 hovered just below the flatline, while the UK’s…
Net foreign exchange inflow into Nigeria fell sharply by 18.3% year-on-year (YoY) to $48.1 billion in the nine months ended September 2025, down from $58.8 billion in the same period…
Jaiz Bank Plc has reported a significant rise in its earnings, posting a profit of N31.04bn for the 2025 financial year, up from N23.48bn in 2024. The increase was largely…
For over a decade, Nigeria bore a costly global label as a “high-risk” country for money laundering and terrorism financing, a stigma that slowed payments, spiked costs, and scared away…
Asia-Pacific markets jumped on Tuesday as investor optimism returned, fueled by a fresh U.S.-India trade deal and strong Wall Street performance. Japan’s Nikkei 225 soared 3.92% to close at a…
Africa’s largest trade finance institution, Afreximbank, is in the spotlight after Fitch Ratings downgraded the bank to junk status on January 29, 2026, citing concerns over sovereign loan classifications and…
In the fast-moving corridors of the Nigerian Exchange Limited (NGX), power in 2025 was anything but evenly spread. Ten brokerage firms quietly but firmly controlled the flow of capital, executing…
Nigeria’s financial system faced intense liquidity pressure in January as the Central Bank of Nigeria (CBN) continued its aggressive monetary tightening. Despite a slight improvement from December, average system liquidity…
Global financial markets opened the week on a turbulent note as stocks, oil, and precious metals plunged, extending the volatility that shook investors at the end of last week. Concerns…
Nigeria has officially been removed from the European Union’s high-risk list for money laundering and terrorism financing, marking a major milestone for the country’s financial system. The European Commission cited…
European stocks opened the week on a sour note, as investors reacted to volatility in precious metals and growing concerns about artificial intelligence. The pan-European Stoxx 600 index fell 0.7%…
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a delegation from British International Investment (BII) in a high-level meeting aimed…
Ethos Technologies, the San Francisco-based life insurance software provider, officially debuted on Nasdaq Thursday under the ticker symbol “LIFE,” one of the first major tech IPOs of 2026. The company…
Nigeria’s capital markets are poised for a stronger, more transparent future in 2026, thanks to ongoing macroeconomic reforms and improved price discovery, according to Temi Popoola, Chief Executive Officer of…
S&P 500 futures held steady Wednesday evening as investors weighed a mix of Federal Reserve signals and earnings reports from major tech companies. While the broad market showed minimal movement,…
The National Pension Commission (PenCom) has approved a historic 1,173% increase in pensions for retirees under the Nigeria Social Insurance Trust Fund (NSITF), ending a 21-year freeze that had left…
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a high-profile delegation from British International Investment (BII), led by its Chair,…
The National Tax Policy Implementation Committee (NTPIC) has intensified efforts to ensure the effective rollout of Nigeria’s newly enacted tax laws through strategic stakeholder engagements. A recent high-level consultative session…
Investors on the Nigerian Exchange Limited (NGX) exchanged 601.65 million shares valued at N17.3 billion in 58,429 transactions on Monday, January 26, 2026. This activity marked an 18% drop in…
Selective buying in a few key stocks helped lift the Nigerian Exchange Limited (NGX) slightly on Monday, despite subdued trading activity. Market capitalisation rose by N3.45 billion to close at…
The Nigerian stock market experienced its first weekly decline last week, shedding N395 billion in market value as investors intensified profit-taking. The All-Share Index (ASI) closed at 165,512.18 points, down…
The Federal Government of Nigeria (FGN) exceeded expectations at its January 2026 bond auction, allotting a total of N1.54 trillion, well above the N900 billion originally offered. The Debt Management…
The Central Bank of Kenya (CBK) is set to raise KSh 50 billion in February through the sale of long-term Treasury Bonds, including a 15-year and a 25-year paper. The…
Ghana’s government successfully raised GH¢12.83 billion in its latest Treasury bill auction, surpassing expectations as investor demand for short-term government securities remained strong. The Bank of Ghana reported that total…
Nigeria’s public debt burden has escalated dramatically over the past decade, with the budget deficit soaring from N2.2 trillion in 2016 to a staggering N23.85 trillion in 2026 — a…
European stocks started the week in positive territory on Monday, with the pan-European Stoxx 600 index inching up 0.1% in early trading. Most sectors were in the green, though major…
Private sector credit in Nigeria climbed to N75.8 trillion in December 2025, up from N74.63 trillion in November, according to the latest monetary and credit statistics released by the Central…
European markets slipped slightly on Friday, with the pan-European Stoxx 600 down 0.14% by mid-morning in London. Investors reacted to Ukrainian President Volodymyr Zelenskyy’s stern message at the World Economic…
Nigeria’s capital market is at a crossroads as investors and experts increasingly question the practice of listing companies by introduction on the Nigerian Exchange (NGX). Unlike traditional listings that raise…