SEC Calls on Banks to Mobilize Capital for Nigeria’s Gas Trading Revolution
The Securities and Exchange Commission (SEC) has called on Nigerian banks, insurers, and asset managers to mobilize capital to strengthen…
Category: investment
FCMB Asset Management Upgraded to A(IM) Rating by Agusto & Co., Strengthening Investor Confidence
FCMB Asset Management Limited (FCMBAM), the asset management arm of FCMB Group Plc, has received a significant rating upgrade from…
Global Trade Growth Set to Slow in 2026, UN Warns
Global trade and economic growth are expected to slow in 2026, the United Nations Conference on Trade and Development (UNCTAD)…
FG, SEC, and NGX Collaborate on Capital Gains Tax Reform to Boost Investor Confidence
The Federal Government has launched the National Tax Policy Implementation Committee (NTPIC) to oversee the rollout of Nigeria’s new capital…
10 Nigerian Stocks That Skyrocketed Over 1500% Since 2015
Since 2015, the Nigerian Exchange (NGX) has witnessed remarkable growth, outpacing broader economic trends. The All-Share Index, which hovered around…
Nigerian Stock Market Surges N2.44tn Driven by ICT and Banking Stocks
The Nigerian Exchange Limited (NGX) closed the week on a high note, with the market surging by N2.44 trillion, thanks…
Africa’s $3.4 Trillion Market at Risk: Afreximbank Urges Digital Trade Innovation
Africa could lose out on the full potential of its $3.4 trillion market unless urgent steps are taken to remove…
DMO Allocates N709.6 Billion in Treasury Bills as 1-Year Yield Surges to 17.5%
The Debt Management Office (DMO) concluded its Nigerian Treasury Bills (NT-Bills) auction on December 3, 2025, raising a total of…
FIRS clarifies new tax laws, debunks levy misconceptions
The Federal Inland Revenue Service (FIRS) has clarified that Nigeria’s newly enacted tax laws are intended to enhance economic competitiveness,…
Ghana FDI Hits $378M in Q3 2025 as Manufacturing Leads Investment Surge
Foreign direct investment (FDI) inflows into Ghana reached $378 million in the third quarter of 2025, with the manufacturing sector…
Nigeria Becomes a Growing Hub for French Investment in Finance, Technology, and Agriculture
Nigeria is rapidly establishing itself as a key destination for French investment, with companies showing increased interest in sectors such…
Nigerian Tech Firm Task Systems Wins Prestigious Microsoft Best Partner Award
In a remarkable achievement for Nigeria’s tech industry, Task Systems Limited has been honoured with the Microsoft Best Partner Award…
NUPRC Launches 2025 Oil Licensing Round with Fully Digital Bidding Portal
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially opened the 2025 Oil Licensing Round, unveiling a fully digital bidding…
Nigeria Moves to T+2 Settlement Cycle, Eyes T+1 Transition to Boost Market Efficiency
Nigeria’s capital market has taken a historic step forward by officially transitioning to a T+2 settlement cycle, effective November 28,…
Ghana T-Bill Auction Rebounds After Six Weeks, Oversubscription Hits 111%
After six weeks of muted activity, Ghana’s treasury bill market has staged a strong comeback, signaling renewed investor confidence. Fresh…
Naira Strengthens to 1,446/$ 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 the previous…
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 firms facilitating trades…
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 pledging stronger collaboration with law…
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 U.K.’s FTSE…
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 development, marking a sharp increase…
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 million financing deal…
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 decline, Nigeria’s Minister of…
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…
EABL Raises KSh 16.7 Billion in Oversubscribed Bond Listing on Nairobi Securities Exchange
East African Breweries Plc (EABL) has successfully listed the first tranche of its Medium-Term Note (MTN) Programme on the Nairobi…
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 monetary policy corridor,…
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 governance and energy transition…
ChatGPT Lawsuits Highlight Risks of AI Encouraging Isolation and Mental Health Crises
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 Access
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) are pushing for greater investment in Nigeria’s…
VFD Group Redeems N12.8bn Commercial Paper, Strengthening Liquidity and Investor Confidence
Investment powerhouse VFD Group has successfully redeemed its N12.83 billion Series 5 Commercial Paper (CP) under its N20 billion CP…
Lagos Raises N244.82bn in Oversubscribed Green and Conventional Bonds to Fund Infrastructure
Lagos State has successfully raised N244.82 billion through a combination of green and conventional bonds, underscoring strong investor confidence in…