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investment
Capital Economics sees muted Saudi growth into 2025
Capital Economics forecasts subdued economic growth for Saudi Arabia through 2025, attributing it to conservative…
Hedge Funds Turn to Macro Strategies Amid Market Volatility in 2025
Hedge fund investors are prioritizing macro strategies for 2025, driven by anticipated political and economic…
As bitcoin soars, luxury brands consider accepting crypto payments
The recent surge in Bitcoin’s value has sparked interest among luxury brands to explore cryptocurrency as a…
UBA to Expand SMEs Lending, Invest in Digital Technology with N239.4bn Rights …
United Bank for Africa (UBA) Plc has announced plans to utilize the net proceeds of its ongoing N239.4 billion…
Foreign portfolio investment in the stock market rises 180.9%
Foreign Portfolio Investments (FPIs) in the Nigerian stock market surged by 180.95% in the first ten months of…
NIPC seeks partnerships to attract, retain investments
The Nigerian Investment Promotion Commission (NIPC) has reinforced its commitment to driving economic growth by…
FG, World Bank invest $600m on rural roads
The Federal Government of Nigeria, in collaboration with the World Bank, has earmarked $600 million to…
Equities market gains 1.19%, ASI nears 100,000-point mark
The Nigerian equities market ended the week of November 13, 2024, on a note, with the NGX All-Share Index (ASI)…
Stock market sustains positive trend amid portfolio repositioning
The Nigerian stock market extended its bullish run last week, driven by increased investor confidence and seasonal…
Interest rate, others drive up investments in Mutual Funds by 89.12%
The Mutual Funds market in Nigeria has witnessed a remarkable 89.12% year-on-year growth, with the total Net Asset…
Firm launches wealth management App with diverse investment opportunities
Smart Stewards has launched Wealth Sync, a wealth creation app aimed at individuals, small businesses, and…
UBA Outperforms Peers As Investors Earn 375% Capital Returns
United Bank for Africa (UBA) has delivered an impressive 375% capital gain to its investors over the past five…
Foreign investments in telecoms crash by $99m – NBS
Foreign investments in Nigeria's telecommunications sector dropped significantly in the third quarter of 2024,…
PenCom Restores Investment In Commercial Papers By LPFAs
The National Pension Commission (PenCom) has lifted its temporary suspension on Licensed Pension Fund…
Delta State’s Strategic Investment in UTM FLNG: A Game-Changer
Delta State's acquisition of an 8% stake in the UTM Floating Liquefied Natural Gas (FLNG) plant is being hailed as…
Investment banking hits major deals in 2024 –AIHN President
The Association of Issuing Houses of Nigeria (AIHN) recognized significant achievements in the investment banking…
Investors favour equity over debt as private investment rises to $2.27bn
Private capital investment in Africa reached $2.27 billion in Q3 2024, with equity emerging as the dominant…
Nigeria’s Investment Appetite Grows as Mutual Funds Rise 89.5% to N3.8trn
Nigerian investors’ preference for secure, high-yielding opportunities has driven the Net Asset Value (NAV) to…
Nigeria’s Economy Stable and Ready for Investment
Nigeria's Finance Minister, Wale Edun, has declared the country's macroeconomic environment stable and conducive…
Nigeria’s Power Sector Set to Seek $10 Billion in Private Investment for…
The Nigerian government aims to bridge a $10 billion investment gap in the power sector through Public-Private…
NCDMB Seeks Industry Support to Boost Nigeria’s Crude Oil Output and Energy…
The Nigerian Content Development and Monitoring Board (NCDMB) has called for robust support from industry…
British International Investment Provides $30M to Boost Renewable Energy in…
InfraCredit has received a $30 million risk-sharing and blended local currency facility from British International…
PenCom Targets Self-Employed Professionals with Enhanced Micro Pension Scheme
The National Pension Commission (PenCom) has announced plans to expand and promote its micro pension initiative…
Stock market posts N83bn gain on positive trading
The Nigerian Exchange Limited (NGX) closed Monday in positive territory, gaining N83 billion in market…
Investment in Nigerian Manufacturing Surges Despite Economic Challenges
In the first half of 2024, Nigeria’s manufacturing sector recorded a 30% increase in investments, reaching N250.13…
FX Scarcity Weighed Down Nigeria’s Ranking in Africa Financial Markets Index 2024
Nigeria secured third place in the 2024 Absa Africa Financial Markets Index (AFMI) with an overall score of 64,…
Cardoso canvasses more skilled finance graduates
Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has emphasized the need to address the shortage of skilled…
FG plans N1.1bn private sector funding in power sector
The Nigerian government, through the Rural Electrification Agency (REA), plans to leverage N1.1 billion in private…
Low Pension Fund Investment in Infrastructure Reflects Unattractive Market and…
Despite Nigeria's significant infrastructure deficit, pension fund investments in the sector remain around one…
‘CNG initiative unlocks $175m in private investment’
The Federal Government's Compressed Natural Gas (CNG) initiative has attracted $175 million in private sector…