The World Federation of Exchanges (WFE), the global body representing exchanges and clearing houses, has unveiled its new Exchange Manifesto. The declaration seeks to highlight and reinforce the vital role …
Finance
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BusinessCapital MarketEconomyFinanceGlobal NewsRegulation
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BusinessCorporate NewsEconomyFinanceTrade
Champion Breweries Moves to Acquire Bullet Brand in Strategic Expansion
Champion Breweries Plc, a subsidiary of enJOYcorp and member of the EverCorp family, has signed an agreement to acquire the Bullet brand, an alcoholic and energy beverage, in a deal …
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Pension Fund Administrators (PFAs) have channelled over N14.5 trillion of workers’ retirement savings into Federal Government securities as of March 2025, highlighting the industry’s continued reliance on sovereign debt. Figures …
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BankingBusiness GrowthBusiness InsightsCorporate AffairsDevelopmentFinance
Stanbic Uganda Reports 18% Profit Rise, Shs 278bn in Half-Year 2025
Stanbic Uganda Holdings Limited (SUHL) has announced strong financial results for the first half of 2025, reflecting steady growth and its contribution to national development. For the six months ending …
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BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
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BankingBusinessEconomyEntrepreneurshipFinanceWomen Empowerment
Stanbic IBTC Bank Strengthens Support for Women Entrepreneurs in Nigeria
Stanbic IBTC Bank has restated its commitment to helping Nigerian women grow their businesses, noting that women entrepreneurs play a vital role in the nation’s economy. In a statement released …
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BusinessEconomyFinanceINVESTMENTStock MarketWestern Africa
Ghana Debt Falls as Stocks Attract Foreign Investors
Foreign investors pulled back sharply from Ghana’s debt market in 2024, cutting their holdings to GH¢13.4 billion by December, compared to GH¢17.5 billion a year earlier, according to the Bank …
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Malawi’s pension industry recorded impressive growth in 2024, with assets rising to K3.8 trillion, representing a 29.7 percent increase from 2023, according to the Financial Institutions Annual Report 2024 released …
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BankingEconomyFinanceGovernment PolicyINVESTMENTMiddle east
Egypt to Issue Domestic Sukuk in First Half of New Fiscal Year
Egypt is preparing to issue domestic Sukuk within the first half of the 2025/2026 fiscal year, according to Finance Minister Ahmed Kouchouk. The announcement was made during a panel discussion …
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EconomyFinanceGovernanceLabour
FG Appoints Opeyemi Agbaje as PenCom Board Chairman After Labour Threat
The Federal Government has moved to calm tensions with the Nigeria Labour Congress (NLC) by appointing Mr. Opeyemi Agbaje as the new Chairman of the Governing Board of the National …