04/08/2026
While FirstRand said that the FCA made some changes to the scheme following concerns raised by lenders, any mitigation arising from these changes has been more than offset by other amendments.
04/07/2026
The rand was valued at 17.0250 against the dollar, reflecting a 1.3% decline compared to the previous closing price.
04/07/2026
The transaction, which reportedly generated a profit of about $1.3 billion, equivalent to roughly GH¢13 billion, could significantly reduce the central bank’s loss position for the 2025 financial year.
04/07/2026
The Governor made the remarks during an engagement with businesses and banks on the sidelines of the Kwahu Business Forum 2026.
04/02/2026
Nigeria’s parliament has approved a $6 billion external borrowing plan from Citigroup and First Abu Dhabi Bank, as the government seeks fresh funding to support rising spending needs and ease mounting fiscal pressure.
04/01/2026
Tinubu presented a 58.47 trillion naira budget to the National Assembly on December 19, saying it was aimed at consolidating economic reforms and accelerating growth.
04/01/2026
The naira’s break below the N1,900/£ psychological threshold is seen as a key development, boosting investor confidence and reinforcing a more stable outlook for the currency after months of volatility.
03/31/2026
Edun said the government’s goal is to build on recent stabilisation measures by encouraging stronger participation from private investors.
03/27/2026
The decision did not come as a surprise, as economists and analysts had anticipated the position.
03/27/2026
Wiehann Olivier from Forvis Mazars explains what new stablecoin regulations will look like and why SA needs to speed up its regulatory reform.
03/27/2026
Despite oil spike and inflation risks.
03/26/2026
...And phase out manual cheques
03/25/2026
The index shows that the average nominal salary stabilised in the first two months of the year, hitting R21,550 in February (up 0.1% from January).
03/24/2026
The Central Bank of Nigeria (CBN) is expected to issue final status report next week.
03/24/2026
The DG also cited improvements in bank recapitalization, prudential oversight, and coordination with fiscal authorities as critical to stabilizing the financial sector and ensuring coherent monetary operations.
03/24/2026
National Treasury wants to scrap zero-rating for gold bullion supplies.
03/24/2026
Following the sharp increase in oil prices and global volatility due to conflict in the Middle East, any chance of a near-term rate cut has been priced out.
03/24/2026
According to Investec Chief Economist Annabel Bishop, markets are particularly worried about the duration of the shipping disruption in the Strait of Hormuz
03/23/2026
The dollar rose 0.2% against a basket of currencies as Federal Reserve Chair Jerome Powell signalled one rate cut this year.
03/23/2026
This was disclosed in a statement issued by the apex bank on Sunday following an engagement with the Nigerian Economic Society and members of the academic community in Abuja.