Real Time Financial News Website
Asian shares are on track for their worst weekly drop since April following the US government’s decision to impose steep tariffs on imports from key trading partners. President Trump signed…
As part of the “Cedi@60” commemorative program, the Bank of Ghana (BoG) has announced plans to relaunch the Ghana Gold Coin. This initiative aims to broaden public access to gold…
Asian stocks declined on Thursday, weighed down by disappointing Chinese economic data and a sharp drop in copper prices. The MSCI Asia-Pacific index (excluding Japan) fell 0.7%, though it remained…
Markets are navigating a high-stakes week filled with major corporate earnings, economic data, and central bank decisions, all while preparing for a critical Friday deadline when new U.S. tariffs are…
Asian markets were mixed on Wednesday as investors digested the lack of progress in U.S.-China trade negotiations and prepared for key central bank decisions. The MSCI Asia-Pacific index showed early…
The Nigerian equity market is experiencing an extraordinary bullish streak, notching up 18 consecutive days of gains, a feat last recorded over a decade ago. This surge, which began on…
Asian stock markets eased on Friday as investors took profits after recent gains, with Japan’s market retreating slightly from record highs. The pullback comes ahead of a critical week packed…
The Nigerian stock market continued its bullish trend during midweek trading, with a total gain of ₦69 billion in market capitalization. The All Share Index (ASI) rose by 105.70 points,…
The yield on the 10-year U.S. Treasury ticked up slightly early Thursday, rising 1 basis point to 4.4%, as financial markets kept a close watch on the evolving relationship between…
Asian stocks rallied on Thursday as growing optimism surrounding trade agreements and strong corporate earnings lifted investor confidence across global markets. The MSCI Asia-Pacific index outside Japan climbed 0.4%, reaching…
European corporate earnings are expected to decline slightly in the second quarter of 2025, according to the latest forecasts, amid persistent global trade tensions and the looming threat of U.S.…
The Nigerian equities market is poised to maintain its bullish trajectory, bolstered by heightened investor expectations for robust half-year (H1) corporate earnings. Positive sentiment has surged, leading to increased capital…
The Nigerian equities market has witnessed an extraordinary 10-day winning streak, during which investors collectively gained N6.902 trillion. This surge pushed the market capitalization above the N83 trillion mark, signaling…
Wall Street posted modest gains on Thursday as encouraging retail sales data and strong earnings from key companies helped buoy investor confidence. The Dow Jones Industrial Average rose by 0.34%,…
In the first half of 2025, the Nigerian Exchange (NGX) raised over N4.63 trillion through corporate and sovereign instruments, marking a substantial milestone for Nigeria’s capital market. This capital inflow,…
Global markets remained steady on Thursday as investors awaited key earnings reports from major technology firms such as TSMC and Netflix, while political uncertainty surrounding U.S. Federal Reserve Chair Jerome…
The Nigerian equities market recorded a significant surge as the All-Share Index (ASI) climbed above the 128,000-point mark, closing at 128,967.08 points. This marks a 1.20% increase (2,277.54 points) from…
In the first half of 2025, Nigeria’s Eurobonds outperformed those of other African nations, recording the sharpest decline in yields—a sign of growing investor confidence. The average yield on Nigeria’s…
French carmaker Renault has appointed Duncan Minto as interim CEO following the unexpected resignation of Luca de Meo last month. Minto, who currently serves as the company’s CFO, will manage…
Asian stock markets faced pressure on Wednesday following signs of rising U.S. inflation linked to fresh tariffs, which weakened expectations of interest rate cuts by the Federal Reserve. The U.S.…
The Nigerian naira recorded its strongest performance in four months on Monday, appreciating to ₦1,518/$ on the official market. This rebound marks a notable turnaround from recent weeks, when the…
European markets appeared largely indifferent to Donald Trump’s latest threat to impose 30% tariffs on EU and Mexican imports starting in August. Despite the potential implications, the euro and eurozone…
Demand for Ghana’s treasury bills weakened sharply in the second week of July 2025, as the government faced a significant undersubscription at its latest auction. Data from the Bank of…
The Nigerian stock market closed the week ended July 11, 2025, on a bullish note as the All-Share Index (ASI) gained 5,159.93 points, representing a 4.26% week-on-week growth. This marked…
European investors are closely watching the second-quarter earnings season, which could reveal how well companies are coping with renewed trade tensions and shifting global market conditions. Despite a rebound in…
U.S. companies are preparing to report second-quarter earnings as markets weigh the effects of President Donald Trump’s newly launched tariff war. Earnings growth is expected to slow, with analysts forecasting…
The Nigerian naira experienced a marginal depreciation at the official foreign exchange market, closing at ₦1,529.22 to the dollar on Tuesday, compared to ₦1,528.33 the previous day. This minor decline…
U.S. Treasury yields fell on Wednesday morning as investors closely watched the latest developments on trade policy after President Donald Trump issued letters to 14 countries announcing sweeping new tariffs.…
Nigeria is on track to record its highest-ever foreign portfolio investment (FPI) inflows by the end of 2025, as analysts project figures could hit $16.08 billion. This optimistic forecast is…
Investor interest in Treasury Bills (T-bills) continues to wane, with market analysts predicting further under-subscriptions in the weeks ahead. This trend follows the first auction in July, which recorded an…