Real Time Financial News Website
U.S. Treasury yields were little changed on Monday as markets turned their attention to crucial inflation data expected later this week. The benchmark 10-year Treasury yield inched up to 4.089%,…
The Nigerian Exchange Regulation Limited (NGX RegCo) has fined 17 listed companies a total of ₦133.4 million for failing to file their 2024 audited results and interim financial statements for…
Standard Bank has revised its outlook on the Nigerian naira, projecting that the currency will close 2025 at N1,585.5 per US dollar, a modest depreciation of 3.1% compared to current…
Asian markets bounced on Thursday, lifted by dovish comments from U.S. Federal Reserve officials and optimism after a smooth auction of Japanese government bonds. The upbeat sentiment helped ease investor…
Nigeria’s foreign exchange market is witnessing new dynamics as Chinese traders increasingly accept naira for yuan transactions instead of demanding U.S. dollars. Forex traders attribute this shift, alongside the rise…
The Nigerian naira remained stable in the black market, trading just below the N1.550/$ range in the first session of September, supported by increased inflows of foreign currency and a…
Asian stock markets closed mixed on Monday as investors weighed fresh economic data out of China, developments in India-China relations, and a major U.S. court ruling on tariffs. China’s August…
India’s economy recorded robust growth of 7.8% in the April–June quarter of 2025, outpacing global peers. Yet, the country’s equity markets remain under pressure as subdued corporate earnings, higher U.S.…
Nigeria’s stock market recorded a remarkable growth of N26.01 trillion in market capitalisation within the first eight months of 2025, as analysts linked the surge to foreign exchange stability, increased…
The U.S. dollar weakened on Friday, reversing gains from earlier in the week, as traders grew more confident that the Federal Reserve will move ahead with an interest rate cut…
The Nigerian Exchange Group Plc (NGXGROUP) reported a significant revenue growth to N24 billion in the 2024 financial year, boosted by Nigeria’s banking recapitalisation drive and fresh listings on the…
European stock markets opened higher on Thursday, lifted by strong earnings from U.S. tech giant Nvidia, even as investors weighed regulatory concerns around British renewable energy firm Drax. The pan-European…
Stock futures were little changed on Wednesday as Wall Street awaited Nvidia’s highly anticipated earnings report, a potential turning point for the current bull market. Futures linked to the Dow…
French stocks fell sharply on Tuesday as political uncertainty gripped Paris ahead of a critical no-confidence vote next month. The CAC 40 index plunged over 2% in early trading after…
European markets started the week on a weaker note, with the pan-European Stoxx 600 slipping 0.2% in early trading on Monday. Major regional indexes were largely in negative territory, with…
Asian stock markets closed mixed on Wednesday as Japan reported its steepest drop in exports in more than four years, raising fresh concerns over global trade. Tokyo’s Nikkei 225 fell…
European shares opened higher on Tuesday while oil prices retreated, as investors weighed fresh diplomatic efforts aimed at ending the conflict in Ukraine alongside anticipation of central bank signals from…
Asian shares traded flat on Tuesday while oil prices slipped, as investors turned cautious ahead of the U.S. Federal Reserve’s annual Jackson Hole symposium. At the same time, hopes for…
European Markets Slip as Traders Brace for Geopolitical and Fed CuesEuropean stock markets edged lower on Monday as investors turned their focus to a high-stakes week of geopolitical and monetary…
European markets opened mixed on Monday as investors awaited a high-stakes White House meeting between U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and top European leaders. The pan-European Stoxx…
Bitcoin soared to a record high of $124,000 early Thursday as investor confidence surged around President Donald Trump’s pro-cryptocurrency reforms and expectations of a Federal Reserve interest rate cut in…
After two years of foreign exchange volatility and soaring finance costs that forced top Nigerian companies to halt shareholder rewards, a dividend revival could be on the horizon. Nigerian Breweries,…
Global markets paused for breath on Thursday as traders ramped up bets that the U.S. Federal Reserve will cut interest rates next month, pressuring the dollar and boosting bitcoin to…
Nigeria’s FMDQ Group, owner of the country’s leading fixed income securities exchange, has confirmed plans to launch its own equity market, setting the stage for direct competition with the Nigerian…
Asian stock markets gained on Tuesday, with Japan’s Nikkei reaching an all-time high, as the United States and China extended their tariff truce by another 90 days. The move helped…
Global markets started the day on a strong note after the United States and China agreed to extend their tariff truce by another 90 days, giving negotiators more time to…
Global investors are turning cautious on corporate credit markets, warning that current pricing levels are far too optimistic given slowing economic data. Credit spreads — the extra interest corporations pay…
Nigeria’s pension industry demonstrated resilience in July 2025, delivering positive returns across all Retirement Savings Account (RSA) fund categories despite challenging macroeconomic conditions. Data from Nairametrics Research showed all 18…
European pharmaceutical stocks took a hit on Wednesday after former U.S. President Donald Trump threatened tariffs of up to 250% on the pharmaceutical sector within the next 18 months. The…
Nigeria’s Business Performance Index showed sustained growth for the sixth consecutive month in June 2025, reflecting growing confidence and resilience in the country’s economy. According to the NESG-Stanbic IBTC Business…