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Finance
Africa Received $95 Billion in 2024 Remittances as Nigeria, Egypt Lead Inflows –…
In 2024, Africa recorded over $95 billion in remittance inflows, nearly matching total foreign direct investment!-->…
Treasury Yields Dip as Trump Targets Fed Chair Powell Amid Economic and…
U.S. Treasury yields dropped on Thursday amid rising political tension surrounding Federal Reserve Chairman Jerome!-->…
Trump-Backed Crypto Firm Plans Stablecoin Audit and New App Amid Token Trade…
World Liberty Financial (WLF), the cryptocurrency platform backed by U.S. President Donald Trump, is planning to!-->…
SEC Urges Nigerians to Harness Demographic Dividend for Economic Growth and…
The Securities and Exchange Commission (SEC) has called on Nigerians to take advantage of the country’s youthful!-->…
DMO Finalises Oversubscribed N100bn Bond Auction to Support 2025 Budget
The Debt Management Office (DMO) of Nigeria is set to finalise and settle a N100 billion bond issuance today, June!-->…
Pension Assets Rise to ₦23.33 Trillion in Q1 2025 as FG Clears ₦1.2 Trillion in…
In the first quarter of 2025, Nigeria’s pension assets grew by ₦820 billion, bringing the total to ₦23.33 trillion!-->…
Treasury yields hold steady as investors monitor Israel-Iran ceasefire
U.S. Treasury yields remained relatively stable on Wednesday as investors monitored geopolitical tensions!-->…
Nigeria’s Economic Reforms Boost FG Revenue to N6.9 Trillion in Four Months –…
Nigeria’s Federal Government generated N6.9 trillion in revenue between January and April 2025, marking a 40%!-->…
SEC Tenure Rule Sparks Panic Among Capital Market Operators in Nigeria
A recent directive from Nigeria’s Securities and Exchange Commission (SEC) has created significant anxiety among!-->…
Naira Holds Steady as CBN Injects $86.6m to Ease Dollar Shortage
The naira closed nearly unchanged on Monday in the official Nigerian Foreign Exchange Market (NFEM) after the!-->…
SEC Tenure Rule Triggers Market Anxiety as Capital Operators Scramble for Clarity
The Securities and Exchange Commission (SEC) of Nigeria has introduced a new rule imposing tenure limits on!-->…
NIBSS Launches ISO 20022-Compliant National Payment Stack to Revolutionize Digital…
The Nigeria Inter-Bank Settlement System (NIBSS) has officially launched the National Payment Stack (NPS), an!-->…
China Likely to Hold Lending Rates Steady Amid Trade Truce and Recent Easing…
China is expected to keep its key lending rates unchanged during its upcoming monthly review, following!-->…
Corporate Stablecoin Adoption Set to Surge as U.S. Senate Approves Regulatory…
The U.S. Senate has passed a bill that could significantly shape the future of stablecoins, marking a major!-->…
FG Targets N100 Billion in June Bond Auction to Fund 2025 Budget
The Federal Government of Nigeria, via the Debt Management Office (DMO), has announced plans to raise N100 billion!-->…
Markets Wobble as Mideast Tensions Rise and Fed Decision Looms
Global markets remained on edge Wednesday as escalating conflict between Israel and Iran entered its sixth day,!-->…
Stocks Slip, Oil Surges as Middle East Conflict and Global Policy Moves Rattle…
Tensions in the Middle East escalated sharply as fighting between Israel and Iran entered its fifth day, leading!-->…
Nigerian Breweries Bounces Back: Q1 2025 Profits Signal Strong Recovery, Spark…
Nigerian Breweries Plc has earned praise from financial stakeholders following its impressive Q1 2025 financial!-->…
Investors Ditch Long-Term US Bonds Amid Diminished Hopes for Aggressive Fed Cuts
Investors are turning away from long-term U.S. Treasury bonds as expectations for significant Federal Reserve!-->…
FCMB promotes literary, creative skills
First City Monument Bank (FCMB) marked Children’s Day 2025 by hosting the grand finale of its National Essay and!-->…
U.S. Treasury Yields Inch Up Amid Israel-Iran Tensions and Oil Price Surge
U.S. Treasury yields nudged higher on Monday as global markets remained jittery over the intensifying conflict!-->…
Nigeria’s $5 Billion Aramco Loan Stalls Amid Falling Oil Prices and Supply…
Nigeria’s ambitious plan to secure a $5 billion oil-backed loan from Saudi oil giant Aramco has encountered!-->…
SEC Orders Companies to Release Long-Unclaimed Dividends, Enforces Finance Act…
The Securities and Exchange Commission (SEC) has issued a firm directive to public companies and their registrars,!-->…
Afreximbank Defends Financial Integrity Amid Fitch’s Negative Outlook Over…
The African Export-Import Bank (Afreximbank) has responded to a recent Fitch Ratings report that assigned a!-->…
Wall Street Wavers as U.S.-China Trade Talks Hang in Balance
Wall Street futures were largely flat on Tuesday as investors kept a close watch on the ongoing U.S.-China trade!-->…
Treasury Yields Dip as U.S.-China Trade Talks Resume Amid Market Caution
U.S. Treasury yields fell on Tuesday as investors closely monitored the ongoing trade negotiations between the!-->…
Nigeria’s N22.8 Trillion Pension Assets Face Credit and Liquidity Hurdles in…
Nigeria’s pension assets, totaling N22.8 trillion as of January 2025, remain vastly underutilized for!-->…
Audit Failure Costs Nigeria $4m in World Bank Loan Amid Broader Project Setbacks
Nigeria is set to forfeit $4 million from a World Bank loan after failing to meet international auditing standards!-->…
Fitch Affirms Stanbic IBTC’s ‘AAA’ Rating for 11th Straight Year, Citing Strong…
Global credit rating agency Fitch Ratings has reaffirmed Stanbic IBTC Holdings PLC’s national long-term rating at!-->…
Markets Hold Steady as Europe Awaits ECB Rate Cut Amid Global Trade and Bond Moves
European markets opened cautiously on Thursday as investors awaited a widely anticipated interest rate cut from!-->…