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CBN Dividend Suspension Triggers Sharp Decline in Banking Stocks
The Nigerian banking sector faced a significant downturn following the Central Bank of Nigeria’s (CBN) recent!-->…
Edun, Cardoso Strategize as Nigeria’s Inflation Drops to 22.97%
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, met with Central Bank Governor Yemi!-->…
Fitch Upgrades Ghana’s Credit Rating to ‘B-‘ as Economic Reforms…
Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating from "Restricted Default" to!-->…
Cedi Gains Offer Little Relief Without Inflation Tamed, Says Blue Skies…
Anthony Pile, founder of leading fruit exporter Blue Skies Company Ltd., has raised concerns that Ghana’s recent!-->…
CBN Dividend Ban Triggers Sharp Decline in Bank Stocks on NGX
Bank stocks on the Nigerian Exchange (NGX) suffered significant losses on Monday, June 16, 2025, after the Central!-->…
World Bank Warns of Alarming Drop in FDI to Developing Nations, Hits Lowest Level…
Foreign direct investment (FDI) into developing economies has plummeted to its lowest point in nearly two decades,!-->…
Israel-Iran Conflict Threatens Nigerian Economy with Investment Risks and Rising…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict between Israel!-->…
Beyond the Balance Sheet: Nigeria’s Bank Recapitalisation Spurs Debate on Profit…
With only months left before the Central Bank of Nigeria’s (CBN) recapitalisation deadline, banks in Nigeria are!-->…
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!-->…
CBN Crackdown on Forbearance Exposes FirstHoldco, Others to Billions in Loan Risks
The Central Bank of Nigeria (CBN) has taken a firm stance by reverting to orthodox monetary policy, enforcing!-->…
SEC Charts Path for Cross-Border Trade with Naira-Backed Stablecoin Framework
The Securities and Exchange Commission (SEC) of Nigeria has unveiled plans to develop a regulatory framework for!-->…
CBN’s $4.01bn Forbearance Loans Under Review as Nigeria Plans Gradual Phase-Out
A new report by Renaissance Capital Africa has revealed that the Central Bank of Nigeria (CBN) extended a total of!-->…
Blue Skies Ltd Urges Government Crackdown on Illegal Sand Winning Threatening…
Anthony Pile, the founder of Blue Skies Ltd, a leading agribusiness exporter in Ghana, has called on the!-->…
Nigerian Equities Gain N513bn in 3-Day Trading Amid Bullish Investor Sentiment
Despite a shortened trading week due to public holidays marking Eid-el-Kabir and Democracy Day, the Nigerian!-->…
Macroeconomic Stability, Investor Confidence Fuel Nigerian Stock Market Surge —…
The President and Chairman of the Council of the Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has!-->…
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!-->…
Nigeria’s Crude Export Earnings Drop to N12.96tn Amid Refining Setbacks and…
Nigeria’s crude oil export earnings fell to N12.96 trillion in the first quarter of 2025, representing a 16.34%!-->…
SEC Pushes for Recovery of N242bn in Unclaimed Dividends Amid Rising Backlog
The Securities and Exchange Commission (SEC) of Nigeria has revealed that unclaimed dividends in the nation’s!-->…
Government Falls Short in T-Bill Auction by GHS393m as Yields Slide
The latest Treasury bill auction conducted by the Bank of Ghana ended in a shortfall, with the government falling!-->…
CBN Halts Dividends for Banks Under Forbearance to Strengthen Capital Base
The Central Bank of Nigeria (CBN) has ordered banks operating under regulatory forbearance to suspend the payment!-->…
DevSecFlow Launches AI-Powered Cybersecurity Platform to Fortify Nigeria’s Fintech…
DevSecFlow, a cybersecurity firm, has launched an advanced security operations platform called SECOYA, aimed at!-->…
Nigeria’s Telecom Sector Bleeds $350 Million Annually on Diesel Amid Power Crisis…
Nigeria’s telecommunications industry spends over $350 million annually on diesel to power its infrastructure,!-->…
Government Orders 10–15% Data Bundle Boost by July 1 to Improve…
In a major policy move aimed at improving internet accessibility across Ghana, the government has directed all!-->…
Recapitalization Deadline: BDCs In Talks With CBN, Seek Extension To Dec 31
Following the expiration of the June 3, 2025 recapitalisation deadline for Bureau De Change (BDC) operators, a!-->…
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!-->…
Profit-Taking Drags Nigerian Stock Market Down by N377.9bn After Sallah Break
The Nigerian stock market opened on a bearish note after the Sallah holiday, suffering a major setback as!-->…
FX Inflows Surge 62% in May to $5.96bn as Investor Confidence Rebounds
Nigeria’s foreign exchange (FX) market experienced a significant revival in May 2025, as total inflows rose!-->…
National Assembly Eyes Extension of 2024 Capital Budget, Pushes June 12 as…
The National Assembly is considering a further extension of the capital expenditure component of the 2024 federal!-->…
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,!-->…
Global Economy Slows to Weakest Pace Since 2008, Warns World Bank
The global economy is expected to grow at its slowest rate since 2008—excluding periods of global recession—due to!-->…