Fitch Upgrades Ghana’s Credit Rating to ‘B-‘ as Economic Reforms…
Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating from "Restricted Default" to…
German AI Defence Start-up Helsing Secures €600 Million in Major Investment Round
German defence technology start-up Helsing has successfully raised €600 million in its latest funding round,…
Cedi Gains Offer Little Relief Without Inflation Tamed, Says Blue Skies…
Anthony Pile, founder of leading fruit exporter Blue Skies Company Ltd., has raised concerns that Ghana’s recent…
CBN Dividend Ban Triggers Sharp Decline in Bank Stocks on NGX
Bank stocks on the Nigerian Exchange (NGX) suffered significant losses on Monday, June 16, 2025, after the Central…
World Bank Warns of Alarming Drop in FDI to Developing Nations, Hits Lowest Level…
Foreign direct investment (FDI) into developing economies has plummeted to its lowest point in nearly two decades,…
Israel-Iran Conflict Threatens Nigerian Economy with Investment Risks and Rising…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict between Israel…
Emerging Market Bonds Surge as Weaker Dollar Revives Investor Appetite
A sharp decline in the U.S. dollar is breathing new life into emerging market (EM) local currency debt, an asset…
OpenAI Considers Antitrust Action Against Microsoft Amid Partnership Tensions
OpenAI executives are weighing whether to accuse Microsoft, their largest investor, of anticompetitive practices,…
Beyond the Balance Sheet: Nigeria’s Bank Recapitalisation Spurs Debate on Profit…
With only months left before the Central Bank of Nigeria’s (CBN) recapitalisation deadline, banks in Nigeria are…
Nigerian Breweries Bounces Back: Q1 2025 Profits Signal Strong Recovery, Spark…
Nigerian Breweries Plc has earned praise from financial stakeholders following its impressive Q1 2025 financial…
CBN Crackdown on Forbearance Exposes FirstHoldco, Others to Billions in Loan Risks
The Central Bank of Nigeria (CBN) has taken a firm stance by reverting to orthodox monetary policy, enforcing…
U.S. Backs Investment Push in Lagos Free Zone, Eyes Stronger Economic Ties with…
The United States has reaffirmed its commitment to supporting foreign direct investment in Nigeria, particularly…
Fed Likely to Hold Rates Steady: What That Means for Americans’ Wallets
The Federal Reserve is widely expected to maintain its current interest rates during its upcoming policy meeting,…
SEC Charts Path for Cross-Border Trade with Naira-Backed Stablecoin Framework
The Securities and Exchange Commission (SEC) of Nigeria has unveiled plans to develop a regulatory framework for…
CBN’s $4.01bn Forbearance Loans Under Review as Nigeria Plans Gradual Phase-Out
A new report by Renaissance Capital Africa has revealed that the Central Bank of Nigeria (CBN) extended a total of…
Breaking: Markets Steady Amid Rising Israel-Iran Tensions and Global Economic…
Despite a dramatic escalation in the Israel-Iran conflict over the weekend, global markets opened the week on a…
U.S. Futures Edge Up Amid Mideast Tensions and Fed Rate Speculation
U.S. stock futures showed modest gains on Monday, rebounding slightly after last week's sharp losses driven by…
Investors Ditch Long-Term US Bonds Amid Diminished Hopes for Aggressive Fed Cuts
Investors are turning away from long-term U.S. Treasury bonds as expectations for significant Federal Reserve…
NGX, SEC Strengthen Ties with China to Boost Cross-Border Capital Market…
The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) are intensifying efforts to…
Blue Skies Ltd Urges Government Crackdown on Illegal Sand Winning Threatening…
Anthony Pile, the founder of Blue Skies Ltd, a leading agribusiness exporter in Ghana, has called on the…
Microsoft Commits to Keeping European Cloud Data Within EU Borders
Microsoft has announced a comprehensive plan to protect the data of its European cloud customers by ensuring all…
Nigerian Equities Gain N513bn in 3-Day Trading Amid Bullish Investor Sentiment
Despite a shortened trading week due to public holidays marking Eid-el-Kabir and Democracy Day, the Nigerian…
Ibukun Awosika Unveils African Marketplace Dubai 2025 to Boost Global Trade for…
In a bold move to showcase Africa and the Caribbean's finest export-ready businesses, Ibukun Awosika has announced…
Macroeconomic Stability, Investor Confidence Fuel Nigerian Stock Market Surge —…
The President and Chairman of the Council of the Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has…
FCMB promotes literary, creative skills
First City Monument Bank (FCMB) marked Children’s Day 2025 by hosting the grand finale of its National Essay and…
Nigeria’s Crude Export Earnings Drop to N12.96tn Amid Refining Setbacks and…
Nigeria’s crude oil export earnings fell to N12.96 trillion in the first quarter of 2025, representing a 16.34%…
U.S. Treasury Yields Inch Up Amid Israel-Iran Tensions and Oil Price Surge
U.S. Treasury yields nudged higher on Monday as global markets remained jittery over the intensifying conflict…
SEC Pushes for Recovery of N242bn in Unclaimed Dividends Amid Rising Backlog
The Securities and Exchange Commission (SEC) of Nigeria has revealed that unclaimed dividends in the nation’s…
Global Trade Rattled as Israel-Iran Conflict Drives Oil Prices and Inflation Surge
The renewed hostilities between Israel and Iran have ignited fresh concerns across global energy markets, with oil…
Meta Appoints Arun Srinivas as India Head Amid Regulatory Scrutiny
Meta Platforms has named Arun Srinivas as its new Managing Director and Head for India, with the appointment…