Real Time Financial News Website
The Government of Ghana has once again fallen short of its Treasury bill target, marking the sixth consecutive week of underperformance. According to auction data released by the Bank of…
U.S. stock index futures were mostly flat on Thursday as investors braced for the release of the monthly nonfarm payrolls report, which is expected to offer critical insight into the…
Global stock markets surged to record highs on Thursday, buoyed by optimism ahead of the closely watched U.S. payrolls report and a breakthrough U.S.-Vietnam trade deal. The MSCI World Index…
U.S. Treasury yields edged lower on Thursday morning as investors awaited the release of the June nonfarm payrolls report, a crucial indicator of the labor market’s health. The benchmark 10-year…
Asian stock markets faltered on Wednesday as global investors navigated a complex mix of looming U.S. tariff deadlines, ambiguous Federal Reserve rate signals, and escalating fiscal worries. The MSCI Asia-Pacific…
Global markets remained cautious as investors weighed developments in U.S. fiscal policy and looming trade uncertainties. Despite the U.S. Senate passing President Donald Trump’s sweeping tax bill, market reaction was…
The Federal Government of Nigeria spent N611.71 billion in March 2025 to service its first-ever domestic US dollar-denominated bond, according to the Debt Management Office (DMO). This single payment constituted…
Nigeria’s external reserves have declined by $3.51 billion in the first half of 2025, dropping from $40.883 billion at the start of the year to $37.369 billion by June 26,…
In a strong display of investor confidence, the Nigerian equities market gained N1.43 trillion in market value last week, with the All-Share Index (ASI) rising by 1.57% to close at…
Nigeria is positioning itself to tap into the booming $128 trillion global asset management market, buoyed by a significant rise in local assets under management (AuM). According to the 2025…
The Nigerian naira gained ground against the U.S. dollar, breaking below the N1,600/$ threshold in the black market. It traded at N1,590/$ during mid-week unofficial market activity, compared to N1,595–N1,600/$…
The Nigerian Exchange Limited (NGX) witnessed a robust rally on Tuesday, continuing its bullish momentum as market capitalisation surged by N764 billion. This uptick was driven by heightened investor interest…
Bureau De Change (BDC) operators in Nigeria have revealed that more than 90% of the country’s foreign exchange (forex) liquidity exists outside the formal banking system, highlighting a critical gap…
Asian stock markets inched upward on Wednesday following a tentative ceasefire between Israel and Iran, restoring some investor confidence and leading to a return to riskier assets. The easing of…
U.S. stock futures saw a sharp rise on Tuesday following former President Donald Trump’s announcement of a ceasefire between Israel and Iran. The 12-day conflict had spooked global markets and…
Global financial markets responded strongly to news of a ceasefire between Iran and Israel, as confirmed by U.S. President Donald Trump. Following recent U.S. airstrikes on Iran’s nuclear facilities and…
Foreign Portfolio Investors (FPIs) significantly increased their interest in Nigeria’s fixed income instruments last week ahead of the June 24 Federal Government bond auction. This surge in demand was matched…
Bitcoin remained in a tight consolidation range on Thursday, trading around $105,200, as rising geopolitical tensions between Israel and Iran coupled with a cautious stance from the U.S. Federal Reserve…
Global financial markets remain cautious as geopolitical uncertainty surrounding potential U.S. military action in the Middle East collides with a wave of critical central bank decisions. Investors, who were originally…
The Nigerian stock market saw a significant rebound after major banks including Access Holdings, FCMB Group, and Fidelity Bank reassured investors of their commitment to comply with the Central Bank…
The U.S. Federal Reserve has decided to keep interest rates steady between 4.25% and 4.5%, maintaining its position since December 2024. Despite recent encouraging economic indicators, Fed Chair Jerome Powell…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict between Israel and Iran poses serious threats to Nigeria’s economic stability. Dr. Muda Yusuf, CEO…
U.S. stock futures showed modest gains on Monday, rebounding slightly after last week’s sharp losses driven by escalating conflict between Iran and Israel. Dow, S&P 500, and Nasdaq futures each…
The U.S. dollar and Chinese yuan remained largely unchanged following trade talks in London, where U.S. and Chinese officials reached a framework agreement aimed at easing tensions in their ongoing…
Wall Street futures were largely flat on Tuesday as investors kept a close watch on the ongoing U.S.-China trade negotiations, hoping for a breakthrough that might ease months of economic…
The Nigerian naira maintained a relatively strong position below the N1,600/$ mark during the recent holiday period, trading within a narrow band of N1,587–N1,590 at the unofficial market. Reduced trading…
U.S. stock markets saw modest gains on Wednesday, buoyed by strength in technology shares despite a slew of troubling economic indicators. The Dow Jones Industrial Average rose by 0.20%, the…
Bitcoin is currently trading around $109,000 amid a volatile market environment marked by significant liquidations. Over-leveraged traders have been forced to sell off positions, pushing Bitcoin’s price to fluctuate between…
The Bank of Ghana (BoG) has initiated a major review of its monetary policy framework, aiming to adopt more dynamic tools that will enhance liquidity management and boost private sector-led…
UK inflation surged unexpectedly in April, rising to 3.5% from 2.6% in March, the largest monthly jump since 2022. The figure exceeded both economists’ forecasts of 3.3% and the Bank…