NGX Emerges Africa’s Second-Best Stock Market as Investors Drive 47.4% Surge in First Half of 2026
The Nigerian Exchange (NGX) has cemented its position as one of Africa’s strongest-performing equity markets, delivering an impressive 47.43% return…
Category: investment
NGX investors gain N1.76 trillion on buying interest across key sectors
The Nigerian Exchange (NGX) began the week on a strong note as investors recorded a massive N1.76 trillion gain on…
Fintech raises capital for African expansion
Nigeria’s leading fintech company, Mathesis Analytics, has secured a strategic investment from First Ally Capital, a move set to accelerate…
Stock Buy Recommendations: Zenith, UBA and Access top Brokers’ list
Nigeria’s stock market is showing strong signs of recovery after a sharp sell-off in June 2026 wiped out more than…
Dangote Chooses Kenya’s Lamu for $17 Billion Mega Refinery as Engineering Work Begins
Aliko Dangote, Africa’s richest businessman, has officially chosen Lamu Island on Kenya’s coast as the location for a massive $17…
Nigeria’s FDI Surges to $4bn as Oil and Gas Investments Fuel Economic Recovery – UNCTAD
Nigeria’s efforts to attract foreign investment received a major boost in 2025 as foreign direct investment (FDI) inflows more than…
DMO Unveils July 2026 FGN Savings Bond at Record 15.716% Interest Rate, Highest Return This Year
The Debt Management Office (DMO) has launched the July 2026 FGN Savings Bond, offering Nigerians an opportunity to earn up…
Bank Recapitalisation Drained Funds from Nigeria’s Productive Economy, Says Adonri
Nigeria’s banking recapitalisation programme may have succeeded in strengthening the financial sector, but it came at a significant cost to…
AfCFTA and Economic Reforms Set to Drive Nigeria’s Investment Growth and Industrial Expansion
Nigeria’s ongoing economic reforms, combined with the opportunities created by the African Continental Free Trade Area (AfCFTA), are expected to…
South African Investment in Nigeria Nears $1bn Despite Rising Xenophobic Tensions
South African investment in Nigeria climbed to nearly $1 billion in the first quarter of 2026, highlighting the strength of…
Nigeria, China Strengthen Investment Ties with New Focus on Energy, Exports and Industrial Growth
Nigeria and China have taken a significant step toward strengthening economic cooperation, with business leaders from both countries committing to…
BOI Signs $170 Million iDICE Fund Deal to Accelerate Nigeria’s Tech and Creative Economy
Nigeria’s drive to strengthen its technology and creative industries has received a major boost as the Bank of Industry (BOI)…
7 NGX-Listed Companies Set to Pay Dividends in July 2026 as Investors Eye Strong Returns
Despite recent volatility on the Nigerian Exchange (NGX), investors have something positive to look forward to in July 2026 as…
Tinubu Backs Digital Trade Revolution to Unlock Africa’s $3.4 Trillion Market
President Bola Tinubu has reaffirmed Nigeria’s commitment to driving Africa’s digital trade revolution, saying his administration is implementing key reforms…
NGX unveils 2025 midyear index assessment results
The Nigerian Exchange Limited (NGX) has announced the results of its highly anticipated 2025 Midyear Index Review, introducing significant changes…
NGX Opens July with N2.39 Trillion Loss as Profit-Taking Hits Dangote Cement, Zenith Bank, Aradel
The Nigerian Exchange (NGX) began the month of July with a significant setback as investors lost approximately N2.39 trillion in…
World Bank Approves $1.25bn Nigeria Loan Amid Growing Debt Concerns and Economic Reform Push
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs…
AfCFTA Boosts Nigeria’s Intra-African Trade to $9.02bn as Regional Exports Surge 21%
Nigeria’s trade with other African countries recorded a significant leap in 2025, reaching $9.02 billion and marking a 21 per…
Dangote Eyes Major Tanzania Expansion with Ports, Power Plant and Fertiliser Projects
Tanzania is set for a new wave of industrial and infrastructure development following high-level talks between President Samia Suluhu Hassan…
Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge
Nigeria’s foreign exchange market closed June on a strong note as trading activity surged sharply in the final week of…
Dangote Refinery IPO, 2027 Election Activities Set to Shake Nigerian Stock Market in H2 2026
Nigeria’s stock market could face a turbulent second half of 2026 as investors prepare for the highly anticipated Dangote Refinery…
Intra-African Trade Hits $213.8 Billion as AfCFTA Drives Regional Economic Growth
Africa’s push for deeper economic integration is yielding positive results as intra-African trade climbed by 5.5 percent in 2025, reaching…
Top NGX Insurance Stocks to Watch in H2 2026 as Market Rebound Creates New Investment Opportunities
As Nigeria’s stock market stages a strong recovery after weeks of heavy losses, investors are turning their attention to insurance…
SEC Warns Investors as Fake Dangote Refinery IPO Promotions Spread Online
The Securities and Exchange Commission (SEC) has issued a strong warning against the growing wave of advertisements promoting a supposed…
Nigeria Capital Inflows Hit $21bn as FG Targets Bigger Trade and Investment Gains in 2026
The Federal Government, through the Federal Ministry of Industry, Trade and Investment, has unveiled an ambitious plan to boost trade…
Firm to unlock Kenyan market for Nigerian investors
Dewale Consulting Ltd (DCL) has announced a new initiative designed to open up Kenya’s booming property sector to Nigerian investors,…
FGN Bond Auction Draws N1.41 Trillion in Bids as Rising Yields Boost Investor Appetite
The Federal Government recorded a strong outing at its June 2026 bond auction, attracting a massive N1.41 trillion in investor…
Afreximbank Meetings, Nigeria-EU Forum Lead Major Business Events Shaping Nigeria’s Economy This Week
Nigeria’s business landscape is set for a busy week as major economic and investment-focused events take center stage across Africa.…
Nigeria Secures $3bn Solid Minerals Investment Inflow as Mining Reforms Boost Investor Confidence
Nigeria’s solid minerals sector has recorded a major boost, attracting about $3bn in investment inflows within the last three years,…
Dangote’s $7bn Fertiliser Expansion Gets AFC Backing to Build Global Production Giant
Africa’s richest man, Aliko Dangote, has secured strong financial backing from the Africa Finance Corporation (AFC) for a bold $7bn…