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investment
Fed Likely to Hold Rates Steady: What That Means for Americans’ Wallets
The Federal Reserve is widely expected to maintain its current interest rates during its upcoming policy meeting,…
SEC Charts Path for Cross-Border Trade with Naira-Backed Stablecoin Framework
The Securities and Exchange Commission (SEC) of Nigeria has unveiled plans to develop a regulatory framework for…
CBN’s $4.01bn Forbearance Loans Under Review as Nigeria Plans Gradual Phase-Out
A new report by Renaissance Capital Africa has revealed that the Central Bank of Nigeria (CBN) extended a total of…
NGX, SEC Strengthen Ties with China to Boost Cross-Border Capital Market…
The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) are intensifying efforts to…
Nigerian Equities Gain N513bn in 3-Day Trading Amid Bullish Investor Sentiment
Despite a shortened trading week due to public holidays marking Eid-el-Kabir and Democracy Day, the Nigerian…
Ibukun Awosika Unveils African Marketplace Dubai 2025 to Boost Global Trade for…
In a bold move to showcase Africa and the Caribbean's finest export-ready businesses, Ibukun Awosika has announced…
Macroeconomic Stability, Investor Confidence Fuel Nigerian Stock Market Surge —…
The President and Chairman of the Council of the Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has…
SEC Pushes for Recovery of N242bn in Unclaimed Dividends Amid Rising Backlog
The Securities and Exchange Commission (SEC) of Nigeria has revealed that unclaimed dividends in the nation’s…
Asia Stocks Steady Amid Oil Price Surge and Geopolitical Tensions
Asian stock markets showed resilience on Monday despite heightened geopolitical uncertainty driven by ongoing…
Government Falls Short in T-Bill Auction by GHS393m as Yields Slide
The latest Treasury bill auction conducted by the Bank of Ghana ended in a shortfall, with the government falling…
CBN Halts Dividends for Banks Under Forbearance to Strengthen Capital Base
The Central Bank of Nigeria (CBN) has ordered banks operating under regulatory forbearance to suspend the payment…
Inflation Data and Treasury Auctions to Test Bond Market Resilience Amid Growing…
This week marks a pivotal moment for the U.S. bond market as it braces for key inflation data releases and two…
Afreximbank Projects $44 Billion in Trade Deals at IATF 2025 in Bold Push for…
The African Export-Import Bank (Afreximbank) is forecasting over US$44 billion in trade and investment agreements…
AfCFTA Chief Challenges Intra-Africa Trade Figures, Rallies Business Support for…
Wamkele Mene, the Secretary-General of the African Continental Free Trade Area (AfCFTA), has cast doubt on widely…
Nigeria’s $5 Billion Aramco Loan Stalls Amid Falling Oil Prices and Supply…
Nigeria’s ambitious plan to secure a $5 billion oil-backed loan from Saudi oil giant Aramco has encountered…
Profit-Taking Drags Nigerian Stock Market Down by N377.9bn After Sallah Break
The Nigerian stock market opened on a bearish note after the Sallah holiday, suffering a major setback as…
FX Inflows Surge 62% in May to $5.96bn as Investor Confidence Rebounds
Nigeria’s foreign exchange (FX) market experienced a significant revival in May 2025, as total inflows rose…
EU Lauds Kano as Strategic Hub for Investment and Development in Nigeria
The European Union (EU) has acknowledged Kano State as a promising destination for investment and…
Global Economy Slows to Weakest Pace Since 2008, Warns World Bank
The global economy is expected to grow at its slowest rate since 2008—excluding periods of global recession—due to…
Nigeria and Saudi Aramco’s $5bn Oil-Backed Loan Stalls Amid Crude Price Drop
Nigeria and Saudi Aramco are facing major hurdles in finalizing a landmark $5 billion oil-backed loan, as falling…
Treasury Yields Dip as U.S.-China Trade Talks Resume Amid Market Caution
U.S. Treasury yields fell on Tuesday as investors closely monitored the ongoing trade negotiations between the…
Nigeria’s FX Market Soars with $5.96bn Boost, Driven by Local Export and Import…
Nigeria's foreign exchange market witnessed a major uplift in May 2025, with total inflows jumping by 62%…
Nigeria’s N22.8 Trillion Pension Assets Face Credit and Liquidity Hurdles in…
Nigeria’s pension assets, totaling N22.8 trillion as of January 2025, remain vastly underutilized for…
Meta Bets Big on Scale AI with Historic $10 Billion Investment
Meta Platforms Inc. is preparing to invest more than $10 billion in Scale AI, a move that marks its most…
Dangote Promises Major Overhaul of Nigeria’s Oil Sector Following Tinubu’s…
Aliko Dangote, President of the Dangote Group, has announced plans for a sweeping transformation of Nigeria’s…
Fitch Affirms Stanbic IBTC’s ‘AAA’ Rating for 11th Straight Year, Citing Strong…
Global credit rating agency Fitch Ratings has reaffirmed Stanbic IBTC Holdings PLC’s national long-term rating at…
Nigerian Equities Market Adds N1.81trn in Four-Day Rally, ASI Rises 2.57%
The Nigerian equities market delivered a strong performance during the holiday-shortened week ending June 5, 2025,…
Oando deepens upstream investment with $375m financing deal
Oando PLC, a leading Nigerian energy company listed on both the Nigerian and Johannesburg Stock Exchanges, has…
JPMorgan Embraces Bitcoin with New Lending Options as Standard Chartered Warns of…
Bitcoin’s futures market shows promising bullish signals despite a recent cooling in price, trading just below…
Fitch Forecasts Growth for Nigeria’s Islamic Finance and Sukuk Market Despite…
Fitch Ratings projects notable growth for Nigeria’s Islamic finance sector from the second half of 2025 through…