The Nigerian stock market, officially known as the Nigerian Exchange Limited (NGX), has emerged as one of Africa’s most closely watched equity markets in early 2026. By 19 February 2026, the NGX All-Share Index (ASI) crossed the 193,000-point threshold, setting a new record high and signaling an extraordinary surge in investor confidence. Market capitalisation climbed […]
Bitcoin fell as much as 5% on Monday, briefly dropping below the $65,000 mark, after U.S. President Donald Trump announced plans to raise global tariffs to 15%, up from the previously indicated 10%. The move injected fresh uncertainty into global markets and triggered a renewed risk-off rotation across asset classes. Although the world’s largest cryptocurrency […]
China is not staging a dramatic exit from US government debt — but it is clearly repositioning. Over more than a decade, Beijing has steadily reduced its holdings of US Treasuries. The shift has been quiet, methodical, and incremental. Yet the cumulative effect is substantial: China’s share of foreign-held US Treasuries has fallen to 7.3%, […]
Kenya has entered a decisive new monetary phase. The Central Bank of Kenya (CBK) has reduced its benchmark policy rate to 8.75%, marking the tenth consecutive rate cut since August 2024. The 25-basis-point reduction pushes borrowing costs to their lowest level since January 2023 and extends one of the longest easing cycles in Kenya’s recent […]
In Lagos, health insurance is no longer being framed as a lifestyle upgrade or a welfare add-on. It is being presented as an economic necessity. At a recent two-day capacity-building workshop for journalists organised by the Lagos State Health Management Agency (LASHMA) in collaboration with the International Society of Media in Public Health, the message […]
Kenya is once again attempting to reset the future of its national carrier. President William Ruto’s administration has announced plans to seek a strategic international investor for Kenya Airways (KQ) in a transaction that could inject between $1.2 billion (KSh 154.8 billion) and $2 billion (KSh 258 billion) into the airline. Treasury Cabinet Secretary John […]
Global cryptocurrency exchange-traded products (ETPs) have now recorded their fourth consecutive week of net outflows, with $173 million withdrawn last week, bringing total redemptions over the past month to approximately $3.74 billion, according to data from CoinShares. While the pace of withdrawals has slowed compared to earlier in the month when weekly outflows peaked near […]
Nairobi’s property market continues to demonstrate a striking paradox. On one side, conversations around affordability dominate headlines, with policymakers emphasizing the need for mass-market housing solutions. On the other, luxury apartments in prime neighbourhoods such as Westlands, Kilimani, Riverside, General Mathenge, and Spring Valley are commanding prices that surpass KSh 50 million, while rental rates […]
Kenya’s monetary policy cycle has entered a defining phase. The Central Bank of Kenya (CBK) has lowered its benchmark rate to 8.75 percent, marking the tenth consecutive easing move since August 2024 and bringing borrowing costs to their lowest level since January 2023. The 25-basis-point reduction reflects a central bank increasingly confident that inflation is […]
In a development that signals a deeper convergence between traditional finance and digital assets, Binance, the world’s largest cryptocurrency exchange by trading volume, has partnered with asset management giant Franklin Templeton to introduce an institutional off-exchange collateral program powered by tokenized money market fund shares. The initiative, developed under a strategic collaboration announced in September […]
Global government bond markets are reacting to rising geopolitical tensions and the potential inflationary consequences of the ongoing Middle East...
Investors Move to Cash-Like Assets U.S. money-market funds have surged to a historic milestone as global investors seek safety during...
Bitcoin’s Rise Sparks Broad Crypto Stock Rally Cryptocurrency-related stocks surged at the opening of the U.S. trading session as Bitcoin...
A major residential development on the outskirts of Nairobi is drawing significant public attention as urban professionals search for modern...
