Real Time Financial News Website
Nigeria’s equities market recorded a historic milestone on Monday as the market capitalisation of the Nigerian Exchange (NGX) crossed the N160 trillion mark for the first time, reflecting renewed investor…
European stock markets opened sharply lower on Tuesday as investor confidence weakened following renewed uncertainty over a possible peace agreement between the United States and Iran. The pan-European .STOXX dropped…
Nigeria’s money market continued to show strong liquidity this week, even as the Central Bank of Nigeria maintained aggressive efforts to drain excess cash from the system. Market conditions remained…
Nigeria’s equity mutual fund space is seeing renewed attention from investors as strong stock market performance drives impressive year-to-date (YTD) returns in 2026. Despite being smaller than money market funds,…
Nigeria’s pension fund industry recorded a sharp increase in exposure to domestic equities in the first quarter of 2026, as Pension Fund Administrators (PFAs) capitalized on a strong rally in…
Africa’s richest man, Aliko Dangote, is preparing to take a major step in global capital markets as he plans to list Dangote Cement Plc on the London Stock Exchange later…
European stock markets slipped on Friday as renewed trade tensions between the United States and the European Union unsettled investors, while political developments in the United Kingdom added to overall…
The Nigerian naira continued its upward movement against the US dollar in the official foreign exchange market on Wednesday, edging closer to the key N1,350/$ level. The local currency strengthened…
Nigeria’s sovereign Eurobonds have entered historic territory, with yields dropping below 8 percent across the curve for the first time ever. The rally reflects renewed confidence from foreign portfolio investors,…
The Nigerian stock market kicked off trading for the month of May on a positive note, recording a gain of N63 billion as investor confidence strengthened. The bullish start reflects…
The Nigerian naira has staged a modest recovery against the British pound, trading at N1,858/£1 in the official market, according to the latest data from the Central Bank of Nigeria…
The Nigerian Exchange Group Plc delivered an impressive financial performance in the first quarter of 2026, posting a pre-tax profit of N5.98 billion, a 140.5% jump from N2.49 billion recorded…
Seplat Energy Plc has kicked off 2026 on a strong note, reporting a post-tax profit of N52.5 billion for the first quarter, a significant rise from N35.3 billion recorded in…
The Nigerian Exchange Limited (NGX) has reaffirmed its ambition to drive deeper capital market growth, strengthen transparency, and attract long-term investments as it positions itself for more sustainable development in…
The Nigerian stock market recorded a strong recovery on Wednesday, gaining N3.204 trillion in market capitalisation as renewed investor confidence pushed the equities market above the N147 trillion threshold. The…
VFD Group Plc has kicked off 2026 on a strong note, reporting a pretax profit of N5.1 billion for the first quarter ended March 31, marking a notable increase from…
The Nigerian naira continued its downward slide on Tuesday, closing at N1,383 against the US dollar, as pressure intensified in the foreign exchange market. Fresh data from the Central Bank…
European markets opened slightly lower on Wednesday, as investors reacted to a mix of corporate earnings and the unexpected decision by the United Arab Emirates to exit the OPEC oil…
Shareholders of the Central Securities Clearing System Plc (CSCS) have approved a total dividend payout of N8.9 billion, translating to N1.78 per share for the financial year ended December 31,…
The US dollar weakened on Monday as global markets reacted to shifting geopolitical signals from the Middle East and growing anticipation ahead of key central bank meetings this week. Investors…
Nigeria’s domestic debt market recorded a strong showing in April 2026 as the Federal Government’s latest bond auction attracted a total of N948 billion in investor bids, significantly higher than…
Financial analysts are projecting another positive week for the Nigerian equities market, as fresh dividend inflows and rising optimism around first-quarter (Q1) earnings continue to strengthen investor appetite. The improved…
The Central Securities Clearing System Plc (CSCS) has reaffirmed its commitment to strengthening Nigeria’s capital market infrastructure through sustained investments in technology and improved operational efficiency. The company says the…
Asia-Pacific stock markets mostly climbed on Monday, with Japan and South Korea leading the charge as investors appeared largely unfazed by renewed diplomatic tensions between the United States and Iran.…
European stock markets slipped on Friday as renewed uncertainty around U.S.–Iran peace negotiations dampened investor sentiment across the region. Despite the broader decline, optimism in the energy sector and a…
European stock markets started Thursday on a weaker note as investors reacted cautiously to rising geopolitical tensions and higher oil prices. Major indexes such as the UK’s FTSE 100, Germany’s…
The Central Bank of Nigeria (CBN) has allotted a total of N894.17 billion in its Treasury Bills Primary Market Auction held on April 22, 2026, as investor appetite for government…
European markets opened on a cautiously positive note Wednesday, as investors reacted to fresh geopolitical developments involving the United States and Iran. The pan-European STOXX Europe 600 edged up by…
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting a striking contradiction in Africa’s largest oil producer: strong crude…
The Central Bank of Nigeria (CBN) has announced plans to raise N750 billion through its second Treasury Bills auction in April 2026, scheduled for April 22. The issuance is part…