Tuesday, April 21, 2026
Ghana central bank revokes licences of two capital-strapped lenders, approves take-over by Commercial Bank
Ghana’s central bank has approved a deal that will see Ghana Commercial Bank Limited take over the deposits and selected...
Read moreDetailsOil prices fall on Chinese demand concerns, rising U.S. activity
Oil prices fell Monday as a slowdown in Chinese refining raised concerns about demand in the world's second-biggest consumer, while...
Read moreDetailsNigeria to benefit as HSBC, IBM work to ease global trade with cognitive intelligence solution
Nigeria's international trade processes could be in line to benefit from new efforts by two global giants in finance and technology,...
Read moreDetailsBitcoin cryptocurrency smashes fresh record, now worth more than $4,000
Bitcoin continues its astonishing rise, shooting past the $4,000 mark for the first time and hitting fresh all-time highs, according...
Read moreDetailsOil slump casualties, energy hedge funds, find new ways to make money
For the oil-trading community, the fall of hedge fund manager Andy Hall signalled a heavy blow, but while commodity funds continue...
Read moreDetailsPower generation to get boost as Chinese banks pledge financing Nigeria’s gas projects
Nigeria’s federal government’s ambition to increase power generation to 10GW, is receiving buy-ins from Chinese banks, which have made commitments...
Read moreDetailsOPEC struggling to keep its promises as curb compliance drops to a new low of 75%, says IEA
The International Energy Agency (IEA), which monitors energy market trends for the world's richest countries, said that compliance by OPEC...
Read moreDetailsBankers’ Committee says Nigeria’s economic indices point to earlier-than-expected recovery from recession
The Nigerian Bankers’ Committee, comprising financial services operators and the sector regulator, the Central Bank of Nigeria (CBN), Thursday said...
Read moreDetailsNigeria’s mobile economy not gaining traction on low adoption of smart phones, mobile money
The low adoption of smart phones and mobile money are contributing to the low traction being made by Nigeria among...
Read moreDetailsNigeria’s mutual funds assets soar to N318bn in H1 2017 as investors hedge against volatility
The current state of the Nigerian economy and fluctuations in the stock market and interest rates may have been responsible...
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