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CBN Launches New Liquidity Tools to Boost Non-Interest Banking Sector
The Central Bank of Nigeria (CBN) has introduced a suite of innovative liquidity management instruments tailored…
CBN Holds Interest Rate at 27.5%, Analysts Cite Stabilization Amid Persistent…
The Central Bank of Nigeria (CBN) concluded its 300th Monetary Policy Committee (MPC) meeting by maintaining the…
Nigerian Exchange Rebounds with N540 Billion Market Cap Gain Amid Renewed Investor…
The Nigerian Exchange (NGX) bounced back strongly on Monday, adding N539.98 billion to its market capitalization…
SEC Approves N3.68 Trillion in New Market Issues Amid Strong Investor Confidence…
The Securities and Exchange Commission (SEC) in Nigeria approved a total of N3.68 trillion in new market issues…
Local Investors Dominate N2.7 Trillion Stock Deals in First Four Months of 2025
In the first four months of 2025, stock transactions on the Nigerian Exchange (NGX) totaled N2.714 trillion, a…
Tinubu at Two: Between Painful Reforms and Hopes of Economic Revival
In his first two years in office, President Bola Tinubu has embarked on a sweeping wave of economic reforms aimed…
Bank of Ghana Urges Businesses to Use Cedi to Sustain Currency Gains and Calls for…
The Bank of Ghana has called on businesses operating within the country to conduct transactions in the local…
CBN Measures Steady the Naira, But Major Gains Remain Unlikely
The Nigerian naira is expected to remain relatively stable in the near term, supported by the Central Bank of…
World Bank Pressures Nigeria to Raise Sin Taxes as Loan Condition
The World Bank has urged Nigeria to implement higher excise duties on “sin goods” like alcohol, tobacco, and…
NCC Mandates Telecom Operators to Announce Major Network Outages and Compensate…
The Nigerian Communications Commission (NCC) has introduced a directive requiring all telecom licensees to…
Breaking:Foreign Portfolio Inflows to Nigerian Stock Market Plunge 92% in April…
Foreign portfolio investment into Nigeria’s equities market nosedived by 92.39% in April 2025, falling from…
Tinubu’s Mining Reforms Attract $800 Million and Spark Sector Boom — Alake
President Bola Tinubu’s mining reforms have significantly revitalized Nigeria’s solid minerals sector, leading to…
FG Reaches 6 Million Nigerians with Cash Transfers in Six Months – Minister
The Federal Government of Nigeria has disbursed conditional cash transfers to six million Nigerians within a…
Foreign trade payment rises to $267.96m – CBN
Nigeria’s foreign trade payments through Letters of Credit (LCs) increased by 3.68 percent year-on-year to $267.96…
BoG Mandates Banks to Hold Reserves in Original Deposit Currencies from June_Ghana
Starting June 5, 2025, commercial banks in Ghana will be required to maintain their cash reserves in the same…
NGX Turnover Surges to N74.8bn Despite ASI Dip and Mixed Sectoral Performance
The Nigerian Exchange (NGX) witnessed a strong rise in market activity last week, with turnover climbing by 17.3…
Tinubu at Two: Energy Sector Grapples with Persistent Challenges Amid Modest…
As President Bola Tinubu’s administration marks its two-year anniversary, Nigeria’s energy sector remains deeply…
AGI Expects Policy Rate Cut as Economic Conditions Improve
The Association of Ghana Industries (AGI) is anticipating a reduction in Ghana's policy rate, ahead of the Bank of…
Nigeria Commits $1 Billion to Transform Telecom Infrastructure by Q3 2025
Nigeria is embarking on a significant overhaul of its telecommunications sector, with a $1 billion investment in…
CBN Holds Interest Rate to Curb Inflation, Spur Growth Amid Fragile Economic Gains
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to maintain the benchmark…
CBN Nets N615.8bn as Treasury Bill Demand Surges Despite Fiscal Strains
In its latest Treasury bills auction on May 21, 2025, the Central Bank of Nigeria (CBN) raised N615.8 billion,…
Lagos State to Launch AI Guidelines, Advocate Ethical Investment in $20 Trillion…
The Lagos State government has announced plans to release its first set of Artificial Intelligence (AI)…
BREAKING: Otedola Invests N320bn in First Bank, Cites Tinubu and Cardoso’s…
Billionaire investor and Chairman of First Holdco Plc, Femi Otedola, has announced a landmark N320 billion…
Manufacturers, LCCI Clash Over CBN’s 27.5% Interest Rate Policy
The Central Bank of Nigeria’s (CBN) decision to maintain the Monetary Policy Rate (MPR) at 27.5 percent since…
Telcos battle 33 outages in May
Nigeria’s telecommunications industry experienced 33 major network outages in May 2025, significantly disrupting…
With 47.73% Spread, Nigeria Still Far from Attaining 70% Broadband Penetration…
Despite bold projections by the Nigerian Communications Commission (NCC) to surpass 70% broadband penetration by…
CBN Unveils Draft Standards for Automated AML/CFT Systems to Strengthen Financial…
In a major step toward enhancing Nigeria’s financial security, the Central Bank of Nigeria (CBN) has released a…
Dangote: 52 Kobo of Every Naira in Local Investment Goes to Federal Government
At the 2025 Taraba International Investment Summit (TARAVEST) held in Jalingo, the Chairman of Dangote Group,…
BoG Overhauls Monetary Policy to Spur Growth and Control Inflation-GHANA
The Bank of Ghana (BoG) has initiated a major review of its monetary policy framework, aiming to adopt more…
Producer Price Inflation in Ghana Drops to 18.5% in April, Signaling Easing Cost…
Ghana’s Producer Price Inflation (PPI) saw a notable drop in April 2025, falling to 18.5% from 24.4% in March,…