Real Time Financial News Website
Investors in Nigeria’s stock market smiled to the bank in September 2025, as market capitalization surged by N1.8 trillion on the back of reforms introduced by the Central Bank of…
Nigeria’s foreign exchange buffer has reached its strongest level in more than six years, crossing the $42 billion mark despite persistent oil price volatility. Central Bank of Nigeria (CBN) data…
The U.S. dollar held steady near multi-week highs on Friday as stronger-than-expected economic data dampened expectations for further monetary easing by the Federal Reserve. Investors are closely watching upcoming U.S.…
The Nigerian equities market staged a strong comeback on Thursday, reversing earlier losses with a N279 billion boost to market capitalisation. This positive shift, recorded at the Nigerian Exchange Limited…
First HoldCo Plc has revealed that its Group Chairman, Mr Olufemi Otedola, a significant shareholder, has increased his stake in the company with the purchase of 39,313,379 units valued at…
Asian stock markets took a breather on Thursday after a strong rally in recent weeks, as investors searched for new catalysts to drive further gains. Japan’s Nikkei added a modest…
The Nigerian Exchange (NGX) sustained its bearish run on Tuesday, with investors losing about ₦322 billion in market value as cautious sentiment persisted across major counters. The All-Share Index dipped…
European markets slipped on Wednesday morning as investors digested a warning from U.S. Federal Reserve Chair Jerome Powell about inflated equity valuations, even as defense stocks rallied on fresh political…
Indian technology stocks slid sharply on Monday, falling almost 3%, after U.S. President Donald Trump announced a steep new $100,000 fee for each H-1B visa application. The visa category, which…
The Securities and Exchange Commission (SEC) of Nigeria has approved a landmark reform requiring fund managers to value fixed income securities at current market prices rather than at purchase cost.…
Nigeria’s stock market is extending its winning streak, delivering returns well above the country’s cooling inflation rate. With August inflation easing to 20.13% from July’s 21.88%, the Nigerian Exchange All-Share…
European markets opened higher on Friday as investors weighed trade developments and economic data across the region. The pan-European Stoxx 600 index rose 0.3% in early London trading, with most…
The Nigerian stock market closed firmly in positive territory on Tuesday, adding a hefty ₦309 billion to its value as investors renewed their appetite for Dangote Cement Plc and other…
The Central Securities Clearing System (CSCS) has announced a major surge in trading activity, recording securities transactions worth ₦2.112 trillion between May and August 2025. This marks a 138.4% jump…
European shares opened higher on Thursday morning as investors digested the U.S. Federal Reserve’s latest interest rate cut and braced for a fresh policy update from the Bank of England.…
The Nigerian stock market surged on Wednesday, adding ₦309 billion in market value in a single trading session as renewed investor confidence lifted key equities. The market’s positive close signals…
The Nigerian Exchange (NGX) closed on a weak note on Tuesday as market capitalisation fell by ₦79 billion following widespread losses in 27 listed equities. This decline underscores lingering investor…
Global markets steadied on Wednesday as investors braced for a widely expected interest rate cut from the U.S. Federal Reserve, sending the dollar lower and gold prices to fresh record…
Ghana’s cedi, which dazzled global markets with record gains earlier this year, is now losing momentum. New Bank of Ghana figures show the local currency’s year-to-date appreciation against the U.S.…
European equities opened slightly lower on Tuesday as investors weighed the latest signals from ongoing U.S.-China trade negotiations. The pan-European Stoxx 600 index slipped 0.27% to 555.63 by 9:30 a.m.…
Asian equities surged to multi-year highs on Tuesday while the U.S. dollar weakened, as global investors positioned for an anticipated interest rate cut by the U.S. Federal Reserve. Market sentiment…
Nigeria’s foreign exchange market is seeing a rare moment of calm as licensed currency traders report that International Money Transfer Operators (IMTOs) are no longer diverting diaspora remittances away from…
South Korea’s benchmark Kospi index soared to a record high of 3,420.23 in early Monday trade, marking its 10th consecutive session of gains. The rally came on the heels of…
European markets opened without clear direction on Friday as fresh data showed the U.K. economy stagnated in July. The pan-European Stoxx 600 index was flat at 554.46 points at 8:30…
European markets opened Thursday on a mixed note as investors awaited fresh guidance from the European Central Bank (ECB). The pan-European Stoxx 600 index hovered near flat in early trade,…
The Nigerian naira continued its winning streak mid-week, breaking through the symbolic ₦1,500/$ barrier in the official foreign exchange market for the second time this year. The currency closed at…
European markets opened higher on Wednesday, buoyed by fresh earnings updates, inflation data, and global trade news. The pan-European Stoxx 600 index climbed 0.5% in early trading, with most sectors…
Asia-Pacific markets climbed on Wednesday, following Wall Street’s strong performance as investors anticipated a potential Federal Reserve rate cut. Optimism over easing U.S. monetary policy, coupled with China’s latest inflation…
The Nigerian Exchange Limited (NGX) extended its losing streak last week as investors’ wealth dropped by ₦823 billion amid waning appetite for equities. The All-Share Index (ASI) fell by 0.94…
Stock futures opened little changed on Sunday evening as Wall Street prepared for a pivotal week centered on new inflation data. Futures tied to the Dow Jones Industrial Average slipped…