Browsing Category
investment
Mixed Market Sentiments Persist as Investors Rebalance Portfolios Amid Selloffs
The Nigerian stock market experienced mixed sentiments last week, as portfolio reshuffling and selloffs dominated…
T-Bill Yields Decline as Ghana’s Government Records Oversubscription in…
In a positive outcome for the government, the latest Treasury bill auction has surpassed expectations, with the…
Basata Boosts Stake in MadfoatCom to 25%, Strengthening Digital Payments in Jordan
Egyptian fintech company Basata has raised its stake in Jordan's leading digital payments provider, MadfoatCom, to…
Juridoc.tn secures investment from Go Big Partners and 216 Capital Ventures for…
Juridoc.tn, a pioneering legal-tech company based in Tunisia, has secured a joint investment from Go Big Partners…
United Capital Announces N0.50 Final Dividend for 2024, Sets Qualification…
United Capital Plc has declared a final dividend of N0.50 per share for the year ending December 31, 2024. The…
Tinubu’s Reforms Boost Nigeria’s Oil Sector with $17B Foreign…
In 2024, President Bola Tinubu’s oil and gas sector reforms attracted approximately $17 billion in foreign…
UK and Nigeria Launch Creative Industries Technical Working Group
In a significant move towards strengthening bilateral relations, the United Kingdom and Nigeria have officially…
Public-Private Partnerships Crucial to Closing Nigeria’s $100 Billion Investment…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has underscored the importance…
FG Expands Bond Listings with Over 900 Million Units on Nigerian Exchange Limited
The Federal Government of Nigeria has expanded its bond listings with an additional 910.3 million units of its…
Chinese Retail Traders Turn to AI with DeepSeek, Redefining Quant Fund Perception
In a dramatic shift, Chinese retail traders are turning to AI tools like DeepSeek, a quant-based platform, to…
Africa Finance Corporation Marks First London Stock Exchange Listing with Market…
Africa Finance Corporation (AFC) recently achieved a significant milestone by marking its first-ever listing on…
Nigerian Stock Market Declines Amid Selloffs and Declining Fixed Income Yields
The Nigerian stock market closed in negative territory last week due to widespread selloffs in blue-chip companies…
Nigeria’s Economic Recovery Spurs Strong Investor Confidence
Nigeria's economy is showing signs of strong recovery, with inflation easing to 24.5% in January and a steady rise…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence.…
Nigeria Secures $50.8 Billion in Global Trade Investment Deals
Nigeria has made significant strides in its economic diversification efforts, securing over $50.8 billion in…
DMO Announces New FGN Savings Bonds Offering Interest Rates of 16.64% and 17.64%
The Debt Management Office (DMO) has introduced two new Federal Government of Nigeria (FGN) savings bonds,…
Hedge Funds and Institutional Investors Boost Retail Store Stocks Amid Economic…
In recent months, institutional investors, including hedge funds, have increased their investments in both online…
GIPC CEO Calls for Diversification of Foreign Direct Investment in Ghana
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has advocated for…
Nigeria Plans $122 Billion Investment to Diversify Energy Sources and Enhance Grid…
The Federal Government of Nigeria has unveiled a plan to secure $122.2 billion in investments aimed at…
Elumelu Pledges Support for Gabon’s Infrastructure Development and Youth…
Tony Elumelu, the Group Chairman of United Bank for Africa (UBA) and founder of the Tony Elumelu Foundation (TEF),…
Banking Sector Outperforms with 7.76% YtD Gain as Recapitalisation Efforts Gain…
In 2025, the Nigerian banking sector has emerged as a standout performer on the Nigerian Exchange Limited (NGX),…
CBN Halts Interest Rate Hikes Amid Inflation Slowdown and Naira Strengthening
In a notable shift from its aggressive tightening policies, the Central Bank of Nigeria (CBN) has paused its…
Foreign Investment Outflow Hits N20.19bn in January, Threatening Market Stability
In January 2025, Nigeria’s stock market faced a significant challenge with a net foreign investment outflow of…
Nigeria and Kazakhstan to Strengthen Cooperation in Agriculture, Trade, and…
Nigeria and Kazakhstan are preparing to sign a Memorandum of Understanding (MOU) to enhance bilateral relations,…
Brazil’s JBS to Invest $2.5 Billion in Ogun State’s Livestock Industry
In a major boost to Nigeria's livestock sector, JBS, the world’s largest protein producer based in Brazil, has…
COMAC vows to resist policies that threaten local investment-GHANA
The Chamber of Oil Marketing Companies (COMAC) has expressed strong opposition to policies that could harm local…
Olam Group Sells 44.6% Stake in Agribusiness to Saudi Fund for $2.35 Billion
Olam Group, based in Singapore, announced on February 24, 2025, that it will sell a 44.58% stake in its…
Equity market gains N1.83tn in one week
The Nigerian equity market recorded a gain of N1.83 trillion last week, as the All-Share Index and Market…
The Urgent Need for Homegrown Venture Capital in Ghana’s Startup Ecosystem
For years, Ghana’s startup ecosystem, like many African nations, has thrived with the help of foreign donors such…
Wealth Soars by N505 Billion Amid Gains in BUA Foods, Eterna, and Others
The Nigerian Exchange Limited (NGX) closed on a positive note yesterday, reversing previous losses, thanks to…