Browsing Category
investment
Nigerian Tech Firm Task Systems Wins Prestigious Microsoft Best Partner Award
In a remarkable achievement for Nigeria’s tech industry, Task Systems Limited has been honoured with the Microsoft…
NUPRC Launches 2025 Oil Licensing Round with Fully Digital Bidding Portal
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially opened the 2025 Oil Licensing Round,…
Nigeria Moves to T+2 Settlement Cycle, Eyes T+1 Transition to Boost Market…
Nigeria’s capital market has taken a historic step forward by officially transitioning to a T+2 settlement cycle,…
Ghana T-Bill Auction Rebounds After Six Weeks, Oversubscription Hits 111%
After six weeks of muted activity, Ghana’s treasury bill market has staged a strong comeback, signaling renewed…
Naira Strengthens to 1,446/$ as Foreign Capital Inflows Hit $20.98bn
The Nigerian naira recorded a notable uptick last week, appreciating to 1,446.74 per dollar, a 0.69% increase from…
Top 10 Nigerian Stockbrokers Transact N6.6 Trillion on NGX in 11 Months
Nigeria’s stock market witnessed significant activity in the first 11 months of 2025, with ten leading stockbroking…
SEC Pledges Stronger Action Against Ponzi Schemes to Protect Nigerian Investors
The Securities and Exchange Commission (SEC) has reinforced its commitment to protecting Nigerian investors by…
European Markets Face Downturn as December Trading Begins Amid Global Uncertainty
European stock markets are starting December on a cautious note, with major indices expected to open lower. The…
Nigeria Receives $21.57 Billion Boost for Clean Energy Development
Nigeria and several other developing nations have received a substantial $21.57 billion for clean energy…
AfDB and EIB Commit $275M to Boost Mauritania Mining Railway Investment
The African Development Bank (AfDB) and European Investment Bank (EIB) have joined forces in a landmark $275…
Africa Must Turn to Private Capital as Global Aid Declines — Edun Warns
Africa must increasingly rely on private capital and regional investment as global development aid continues to…
Kalahari Cement Secures Majority Stake in EAPC Through NSSF Deal
Kalahari Cement has taken a major step in expanding its footprint in East Africa by acquiring a 27% equity stake in…
EABL Raises KSh 16.7 Billion in Oversubscribed Bond Listing on Nairobi Securities…
East African Breweries Plc (EABL) has successfully listed the first tranche of its Medium-Term Note (MTN) Programme…
CBN Corridor Shift Sparks Broad Yield Decline Across Nigerian Financial Markets
Nigeria’s financial markets have responded sharply to the Central Bank of Nigeria’s (CBN) recent adjustment of its…
AfDB Approves $500m Loan to Boost Nigeria’s Energy Reforms and Fiscal Stability
The African Development Bank has approved a fresh $500 million loan to support Nigeria’s ongoing economic…
ChatGPT Lawsuits Highlight Risks of AI Encouraging Isolation and Mental Health…
In recent weeks, a wave of lawsuits has been filed against OpenAI, alleging that its AI chatbot, ChatGPT, played a…
Lagos and LCCI Call for Investment in Community-Owned Mini-Grids to Boost Power…
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) are pushing for greater investment…
VFD Group Redeems N12.8bn Commercial Paper, Strengthening Liquidity and Investor…
Investment powerhouse VFD Group has successfully redeemed its N12.83 billion Series 5 Commercial Paper (CP) under…
Lagos Raises N244.82bn in Oversubscribed Green and Conventional Bonds to Fund…
Lagos State has successfully raised N244.82 billion through a combination of green and conventional bonds,…
NCR and ROYALEX Shine as Nigerian Stock Market Slides Below N92 Trillion
The Nigerian Stock Market ended Thursday, 20 November 2025, on a bearish note, with the All-Share Index (ASI)…
Nigeria’s Pension Assets Hit N26 Trillion in September 2025 Amid Market Volatility
Nigeria’s pension industry maintained a strong growth trajectory in September 2025, with total assets rising to…
Nigeria’s New Tax Reform Law Makes Virtual Currencies Taxable – Oyedele
Nigeria has officially brought virtual currencies, including cryptocurrencies, under its tax umbrella as part of…
Nigeria’s Aviation Sector: Africa’s Most Under-Exploited Market, Says President…
President Bola Ahmed Tinubu has called on global investors to explore the vast potential in Nigeria’s aviation…
Lagos State’s N200bn Bond Oversubscribed by 55%, Signaling Strong Investor…
Lagos State’s N200 billion bond has been oversubscribed by an impressive 55%, reflecting strong confidence from…
Nigeria’s Bonds and Treasury Bills Rally as N6.17 Trillion Liquidity Boost Drives…
Nigeria’s fixed-income market witnessed a strong rally last week as excess liquidity of N6.17 trillion triggered a…
Abia strengthens investment appeal, partners bank
Abia State’s investment profile received a major boost as Zenith Bank Plc declared a strong commitment to partner…
Nigerian Stock Market Ends Week Lower Despite Strong Gains in NCR and Aso Savings…
The Nigerian stock market closed the week ended November 14, 2025, in negative territory, losing 2,511.22 points to…
Trump Buys $82 Million in Bonds Amid Scrutiny Over Investment Portfolio
U.S. President Donald Trump has significantly expanded his investment in bonds, acquiring over $82 million in…
Nigeria Targets $20 Billion Investment from 70 Priority Gas Projects to Boost…
Nigeria is positioning itself to unlock up to $20 billion in new investments through 70 priority gas projects, as…
Senator Calls for Review of 30% Capital Gains Tax Amid N2tn Market Loss
The Chairman of the Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has urged the…