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investment
CBEX Collapse Triggers Urgent Calls for Stronger Regulation of Digital Asset…
The collapse of the CBEX digital asset trading platform has sparked widespread calls for more stringent government…
Nigeria reaffirms strong ties with US amid global uncertainty
Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has emphasized the country’s unwavering…
Banks and Manufacturers Overcome Economic Challenges to Post Impressive Profits…
Despite Nigeria's economic struggles, including high inflation, a depreciating naira, and rising interest rates,…
Afriland Properties Approves N865.5m Dividend as 2024 Profits Surge
Afriland Properties Plc has received shareholder approval to distribute a total dividend of N865.5 million,…
MAN Warns U.S. Tariff Could Derail Nigeria’s N55trn Budget, Threaten AfCFTA…
The Manufacturers’ Association of Nigeria (MAN) has raised the alarm over the imposition of a 14% tariff on…
Investors Cautious as NGX Sheds N440bn Amid Economic Jitters
The Nigerian Exchange (NGX) faced a sharp downturn last week, with market capitalisation dropping by N440.51…
Ghana’s Damang Mine Decision Paves Way for Local Investment in Mining Sector –…
The Ghanaian government’s decision not to extend the mining lease for the Damang Gold Mine has been positioned as…
Nigerian Stocks to Watch: Oando’s Struggles, VFD’s Surge, and Wema’s Rights Issue…
The Nigerian stock market closed the week ending April 11, 2025, on a bearish note, as the All-Share Index dropped…
Traditional Banks in Nigeria See Mixed Results as They Enter Fintech Space
Nigerian traditional banks began diving into the fintech industry in 2017, with Wema Bank’s launch of its ALAT…
Government Rejects GH¢2.36bn in T-bill Bids Amid Fiscal Caution
The government of Ghana has adopted a more cautious approach to borrowing, rejecting a substantial portion of bids…
Enugu issues 5MW power licence, boosts private sector participation in electricity…
Enugu State has issued a new 5MW power generation license to Tempo Power Solutions Ltd, authorizing the company to…
Nigeria’s Eurobond Market Faces Turmoil Amid U.S.-China Trade War
Nigeria’s Eurobond market has been hit hard by the global financial turbulence sparked by U.S. President Donald…
NGX Shifts Gears to Attract Private Capital Amid Record Growth
The Nigerian Exchange Group (NGX) is repositioning its operations to become a hub for both public and private…
MTN Plans Second Public Offer in Nigeria Following Projected Financial Rebound
MTN Group is preparing to reduce its stake in MTN Nigeria from 76% to 65% through a second public offering, once…
Nigerian Stock Market Declines by 0.18% as LIVESTOCK and VFDGROUP Lead Gainers
The Nigerian All-Share Index (ASI) experienced a decline of 0.18% on April 9, 2025, closing at 104,187.00, down…
NGX Shifts Focus to Attract Private Capital Amid Rising Delistings
As delistings from the Nigerian capital market grow, the Nigerian Exchange Group (NGX) is adjusting its strategy…
Transcorp Hits $3 Billion Valuation as Elumelu Calls for Urgent Power Sector…
Transcorp Plc has reached a major milestone, with its market valuation now standing at $3 billion (₦4.5 trillion),…
Nigeria Aims to Slash $4bn Garment Imports, Revive Local Textile Industry with BoI…
The Nigerian government is ramping up efforts to cut down its unsustainable $4 billion annual garment import bill…
Dangote Refinery begins global export of refined petroleum products
The Dangote Petroleum Refinery has officially kicked off global exports of refined petroleum products, marking a…
NGX Group Approves ₦4.4 Billion Dividend, Sets Sights on Private Capital Market…
The Nigerian Exchange Group (NGX Group) Plc has approved a ₦4.4 billion dividend payout to shareholders, marking a…
Pension Fund Investments in Nigerian Infrastructure Soar as Assets Triple Over 5…
In recent years, Nigerian pension fund managers have significantly increased their investments in infrastructure,…
Nigeria Moves to Unlock Climate Fund for Green Investment and Climate Action
In a significant move to accelerate its green transition, Nigeria’s Federal Government has committed to fully…
NGX Group FY 2024: Strong Revenue Growth of 103.53% Driven by Market Activity and…
The Nigerian Exchange Group (NGX) reported impressive financial results for the year ending December 31, 2024,…
Investors Gain N100bn as Nigerian Stock Market Rebounds After Previous Loss
Investors in the Nigerian Exchange Limited (NGX) experienced some relief as the market reversed a previous loss…
Nigeria Stocks Join Global Decline Amid Tariff Turmoil, Investors Lose N659bn
Nigeria's stock market suffered significant losses, mirroring a global downturn triggered by U.S. President Donald…
Investor Confidence Rises as Nigerian Banks Secure N2.4 Trillion in Q1 2025…
In the first quarter of 2025, Nigerian banks raised an impressive N2.4 trillion through the capital market as part…
NGX Faces Setback Despite Strong Earnings Season
The Nigerian Stock Exchange (NGX) started April on a negative note, reversing the previous week's gains and…
Nigerian Stock Market Experiences Minor Decline in Holiday-Shortened Week
The Nigerian stock market experienced a slight drop of 0.14% in the trading week that concluded on Friday, April…
FCMB Records N111.9bn Profit Before Tax for 2024, Announces Strong Growth
First City Monument Bank (FCMB) posted a remarkable Profit Before Tax (PBT) of N111.9 billion for the financial…
Global Selloff Accelerates as Japanese Banks Struggle Amid Tariff Concerns
Investors are reacting to a global selloff triggered by U.S. President Donald Trump's tariff policies, which have…