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BoG Enforces New Forex Rules: Importers, Exporters Urged to Use Credit Cards for…
The Importers and Exporters Association of Ghana has urged its members to adopt credit or Visa cards for…
IMF Urges Governments to Boost Debt Transparency to Lower Borrowing Costs
The International Monetary Fund (IMF) has called on governments worldwide to strengthen debt transparency to…
Nigeria Faces 18.9% Oil Production Deficit, Missing 2025 Budget Target by 82.5…
Seven months into the 2025 fiscal year, Nigeria’s crude oil output has fallen short of projections by 82.46…
Ghana Launches New Financing Frameworks to Boost Cocoa, Oil Palm, and Strategic…
Ghana has initiated a major step to strengthen agricultural financing by setting up three Technical Committees to…
Tinubu Commends Nigeria’s Capital Market Growth, Vows More Reforms During Brazil…
President Bola Tinubu has lauded the significant growth of Nigeria’s capital market, attributing the surge in…
CBN Sets October 31 Deadline for Banks to Upgrade to ISO 20022 and Geo-Tag Payment…
The Central Bank of Nigeria (CBN) has directed all financial institutions and payment service providers to…
Naira Falls to N1,550/$ in Parallel Market as FX Gap Widens
The Naira weakened further on Tuesday, sliding to N1,550 per dollar in the parallel market, down from N1,540…
Nigeria’s Stock Market Surges: Local Investors Drive N1.81 Trillion FPI Boom in…
Nigeria’s stock market witnessed a remarkable surge in July 2025, with foreign portfolio investment (FPI) hitting…
Nigeria’s Industrialisation at Risk as Manufacturing, Agriculture Sectors Decline…
Nigeria’s path to industrialisation faces growing threats as manufacturing and agriculture sectors continue to…
13% Derivation Fund Helps Oil-Producing States Slash Domestic Debt by N611bn…
Oil-producing states in Nigeria have cut their combined domestic debt by about N610.84bn between June 2023 and…
Stockbrokers Call for Capital Market Reforms to Achieve Nigeria’s $1 Trillion…
The Chartered Institute of Stockbrokers (CIS) has urged the Federal Government to implement comprehensive capital…
Nigeria’s Oil Production Hits Six-Month High at 1.5m bpd, Surpasses OPEC Quota…
Nigeria’s crude oil production climbed to its highest level in six months in July, marking a strong rebound after…
First Fund Customers Threaten Protest Over GH¢170m Locked Funds After Six-Year…
Aggrieved investors of First Fund, a scheme formerly managed by the defunct First Banc Financial Services, have…
Banks’ Cash Deposits with CBN Drop 41.6% as Borrowing Hits ₦820bn Amid Tight…
Nigeria’s banking sector experienced a dramatic liquidity shift last week as commercial banks slashed excess cash…
Dangote Refinery Fuel Rollout Stalled as FG, Marketers Clash Over CNG Logistics…
The planned nationwide rollout of petroleum products by Dangote Petroleum Refinery has hit a major setback…
NGX Dividend Drought: 45 Companies Go Five Years Without Payouts
Forty-five of the 146 companies listed on the Nigerian Exchange Limited (NGX) have not paid dividends in at least…
Meta and X Face NITDA Sanctions for Flouting Nigeria’s Internet Code of Practice
Meta, the owner of Facebook, Instagram, WhatsApp, and Threads, and X, formerly Twitter, have been flagged for…
Naira to Gain Temporary Boost as U.S. Plans Interest Rate Cuts
The naira could experience a short-term appreciation against the U.S. dollar as the Federal Reserve signals…
Africa Prudential Records 75% Profit Growth in H1 2025 on Strong Diversified…
Africa Prudential Plc has reported a robust financial performance for the first half of 2025, posting a 75 percent…
Nigeria’s Financial Markets Show Resilience Amid Global Economic Uncertainty
Nigeria’s economy expanded by 3.13% in Q1 2025, surpassing last year’s 2.27% but falling short of the 4.9%…
Ghana Pays GH¢9.7bn DDEP Coupon to Restore Investor Confidence Ahead of Bond…
Ghana’s government has settled GH¢9.7 billion in coupon arrears under the Domestic Debt Exchange Programme (DDEP),…
Dangote Refinery Receives 1,000 CNG Trucks, Fuel Distribution to Begin in…
The Dangote Petroleum Refinery is set to launch its direct fuel distribution scheme in the coming weeks as 1,000…
Nigeria Data Protection Act Enforcement: NDPC Targets Banks, Insurers, and Tech…
The Nigeria Data Protection Commission (NDPC) has launched an aggressive enforcement drive targeting financial…
Dangote Refinery and Petrol Prices: 10 Swings in 10 Months Despite Local Supply
Nigeria’s petrol market has experienced dramatic volatility since the Dangote Refinery began supplying fuel in…
CBN Raises ₦8.99 Trillion via T-Bills in 7 Months as Rates Drop to 15%
The Central Bank of Nigeria (CBN) raised a total of ₦8.99 trillion through Treasury Bills (T-Bills) auctions in…
Nigerian Breweries, International Breweries, Champion Breweries Post N1.09…
Nigerian Breweries Plc, International Breweries Plc, and Champion Breweries Plc collectively recorded an…
FCMB Group Plans Equity Capital Raise to Fund Regional and International Expansion
FCMB Group Plc has announced plans to raise equity capital as part of its strategy to strengthen its capital base…
Nigeria’s GDP to Grow 3.2%-3.9% in Q2 2025 on Rebasing, FX Stability, and Stronger…
Nigeria’s economy is on track to post faster growth in the second quarter of 2025, with analysts projecting real…
Ghana Misses T-Bill Target for Third Consecutive Week as Yields Climb
Ghana’s Treasury Bill market remained under pressure last week as the government failed to meet its issuance…
CBN Introduces Bank Customers’ Bill of Rights to Strengthen Consumer Protection…
The Central Bank of Nigeria (CBN) has launched the Bank Customers’ Bill of Rights to protect consumers and promote…