financial markets

Gold’s Dazzling Revival: Why 2024 Shines Brighter for Gold Than Any Year Since 1979
Gold is marking its most outstanding performance in nearly five decades, echoing the economic turbulence seen during the inflation and energy crises of 1979. DAVID...

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International News
4 weeks ago4 weeks ago

Gold is marking its most outstanding performance in nearly five decades, echoing the economic turbulence seen during the inflation and energy crises of 1979. DAVID GRAY/AFP via Getty Images/AFP hide caption toggle caption DAVID GRAY/AFP via Getty Images/AFP This week, gold broke through a landmark price level, highlighting the increasing apprehension among investors about the...

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Beyond Trump: The Real Forces Driving Gold’s Historic Rally | Business and Economy News
Gold prices have surged to an unprecedented peak, surpassing $4,000 per troy ounce (31.1g), as investors worldwide increasingly turn to this precious metal over the...

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International News
4 weeks ago4 weeks ago

Gold prices have surged to an unprecedented peak, surpassing $4,000 per troy ounce (31.1g), as investors worldwide increasingly turn to this precious metal over the past year. On Tuesday, gold futures-agreements to buy or sell gold at a predetermined price-crossed this significant milestone, followed by the spot gold price reaching the same level on Wednesday...

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Analysts Predict CBN’s Takeover of Fixed Income Market Oversight Will Skyrocket Transparency and Credibility
Experts in financial markets have welcomed the Central Bank of Nigeria’s (CBN) announcement to take direct control of the Nigerian Fixed Income Market starting November...

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Politics Today
4 weeks ago4 weeks ago

Experts in financial markets have welcomed the Central Bank of Nigeria’s (CBN) announcement to take direct control of the Nigerian Fixed Income Market starting November 2025, describing it as a decisive move to enhance transparency, clarify regulatory roles, and boost the efficiency of monetary policy implementation. In an official notice signed by Okey Umeano, the...

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SEC Champions Capital Market Integration to Ignite West Africa’s Economic Boom
Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC) and Chairman of the West Africa Securities Regulators Association (WASRA), has called on...

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Politics Today
1 month ago1 month ago

Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC) and Chairman of the West Africa Securities Regulators Association (WASRA), has called on West African nations to expedite the unification of their capital markets. This move is essential to amass the substantial investment required to propel the region’s economic growth. Addressing the Experts...

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Stock Market Kicks Off the Week with a Massive N705bn Surge!
The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA...

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Politics Today
2 months ago2 months ago

The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA Foods Plc alongside 31 other companies. The All-Share Index surged by 1,113.31 points, marking a 0.79% uplift to close at 141,659.00 points. Correspondingly, the total market capitalization expanded by N705...

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How My Journey Into Financial Market Trading Started — Ahmed XM
The most followed cryptocurrency trader in Nigeria, Ahmed Saifullah Yusuf, fondly called Ahmed XM, has shared insights into how he started forex and cryptocurrency trading....

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Politics Today
2 months ago2 months ago

The most followed cryptocurrency trader in Nigeria, Ahmed Saifullah Yusuf, fondly called Ahmed XM, has shared insights into how he started forex and cryptocurrency trading. Ahmed XM, who is also a forex trading expert and founder of cryptocurrency trading academy in Africa, XM Trading Academy, began cryptocurrency trading in 2018 in a most inspiring circumstances,...

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FCMB Group Launches Second Public Offer in Ambitious Race to Raise N500 Billion for Recapitalisation
FCMB Group Sets Sights on Expanding Capital Raise to N340 Billion During a strategic meeting held in December, First City Monument Bank (FCMB) Group secured...

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Opinion
2 months ago2 months ago

FCMB Group Sets Sights on Expanding Capital Raise to N340 Billion During a strategic meeting held in December, First City Monument Bank (FCMB) Group secured approval to significantly boost its initial capital raising target. The group is now authorized to increase its fundraising goal from the original N150 billion to an ambitious N340 billion. Accelerating...

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Naira Holds Strong at ₦1,535 as Forex Reserves Climb, Ending the Week on a Steady Note
Naira Holds Firm at N1,535 Amid Strengthening Foreign Exchange Reserves At the close of the week, the Nigerian naira remained stable, trading at N1,535 per...

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Opinion
3 months ago3 months ago

Naira Holds Firm at N1,535 Amid Strengthening Foreign Exchange Reserves At the close of the week, the Nigerian naira remained stable, trading at N1,535 per US dollar in the official foreign exchange market. This steadiness reflects the positive impact of increasing foreign exchange reserves, which have bolstered market confidence and liquidity. Impact of Growing FX...

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GTCO plans secondary listing on London Stock Exchange
GTCO is set to expand its global footprint with a secondary listing on the London Stock Exchange. This strategic move aims to boost international investor...

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Business Updates
4 months ago4 months ago

In a bold move that signals its ambitions on the global stage, GTCO is set to pursue a secondary listing on the London Stock Exchange. As the Nigerian tech powerhouse expands its footprint beyond local borders, this strategic step not only promises to elevate its visibility among international investors but also underscores the growing significance...

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Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion-dollar economy
Bank recapitalisation is key to fortifying Nigeria's financial backbone, paving the way for a robust banking sector that can support a trillion-dollar economy and fuel...

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Business Updates, Gossip, Lifestyle, News & Gossips
4 months ago4 months ago

In the dynamic landscape of global finance, the quest for robust and resilient banking systems is more critical than ever-especially for emerging economies poised on the brink of transformative growth. Nigeria, Africa’s largest economy, stands at such a crossroads, envisioning a future where it ascends to the coveted trillion-dollar mark. Central to this ambitious trajectory...

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