Browsing Category
investment
JPMorgan Embraces Crypto ETFs as Loan Collateral Amid Institutional Shift
JPMorgan Chase & Co., the largest bank in the United States, has announced it will now allow clients to use…
SEC Sets November Deadline for T+2 Settlement Cycle, Aims for Faster, Safer Market
The Securities and Exchange Commission (SEC) of Nigeria has mandated that all capital market participants…
Treasury Yields Stabilize After Sharp Drop on Weak U.S. Economic Data
U.S. Treasury yields steadied on Thursday following steep declines on Wednesday triggered by a series of…
CBN Drains N1.1 Trillion via OMO Auctions in May to Boost FX Inflows Amid Tight…
The Central Bank of Nigeria (CBN) withdrew a substantial N1.1 trillion from the financial system through Open…
Oando Surge Lifts NGX Market Cap to N71 Trillion Amid Strong Investor Sentiment
The Nigerian Exchange Limited (NGX) witnessed a remarkable milestone as its total market capitalisation soared to…
Naira Hits Two-Month High at N1,565.46/$ as CBN Reforms Steady FX Market
The naira surged to a two-month high on Wednesday, trading at N1,565.46 per US dollar in the official foreign…
Nigerian Stock Market Gains N259bn on Back of Broad Investor Confidence
The Nigerian stock market continued its upward momentum as it added N259 billion in value due to renewed investor…
Brookfield to Invest Nearly $10 Billion in Swedish AI Data Centre, Creating…
Brookfield Asset Management, a major Canadian investment firm, has announced plans to invest up to 95 billion…
NGX Market Capitalisation Surges Past ₦120trn as Foreign Investment Floods In
The Nigerian Exchange (NGX) has reached a new milestone, with its combined market capitalisation of debt,…
Stock Market Rebounds with N260bn Boost as Demand for Dangote Cement, Others Rises
The Nigerian stock market saw a notable rebound on Tuesday, ending the previous session's profit-taking trend.…
50% crude output now produced by local firms – Report
Nigeria’s oil and gas industry is undergoing a major transformation, with indigenous companies now responsible for…
Nigerian Stock Market Hits N70.89 Trillion as Investor Confidence Drives Gains
The Nigerian stock market continued its bullish streak on Tuesday, June 4, 2025, with a notable gain of N259…
BoG Governor Sets Bold Target to Slash Lending Rates Below 10% Within Four…
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has announced a bold plan to reduce Ghana's average…
FX Options Market Signals Growing Investor Bets on Further Dollar Weakness
The U.S. dollar, after experiencing a sharp decline earlier this year, is showing signs of further weakening…
NGX Chief Urges Rethink of Africa’s Growth Model, Calls for Homegrown Capital and…
Temi Popoola, Group Managing Director and CEO of the Nigerian Exchange Group (NGX Group), has urged African…
Government in Final Talks with Strategic Investor for AT Revamp and Takeover
The Government of Ghana has entered into advanced discussions with a strategic investor for the revamp and…
Nigeria’s Economic Recovery Gathers Momentum – CBN Governor Cardoso
Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso, has assured Nigerians that the country’s economy is on a…
CBN’s Recapitalization Deadline Expires: BDC Operators Urge Extension to Save 3…
The Central Bank of Nigeria’s (CBN) deadline for Bureau De Change (BDC) operators to meet new recapitalization…
Nigerian Equities Market Starts Week Strong with N173bn Gain Despite Lower Trading…
The Nigerian equities market kicked off the week on a positive trajectory as it recorded a N173 billion increase…
Nigeria’s Economic Reforms Target Forex Stability Amid Oil Price Slump
Nigeria’s foreign exchange reserves have declined significantly in the first four months of 2025, dropping from…
NASD Market Soars with N5.14bn in Trades as Oil & Gas Sector Leads Rally
The NASD Over-the-Counter (OTC) Securities Exchange recorded a significant surge in trading activity last week, as…
Tinubu Highlights $8 Billion Oil Investment, 400% Rig Surge in Two-Year Economic…
President Bola Tinubu has marked his two years in office by emphasizing the significant strides his administration…
Nigerian Stock Market Extends Gains, Rises by 0.27%
Nigeria’s stock market continued its positive momentum on Wednesday, climbing by 0.27 percent. The uptick was…
Cedi Soars, Easing Ghana’s Debt Burden and Boosting Economic Outlook
Ghana’s currency, the cedi, has stunned markets with a dramatic 42% gain against the US dollar since January,…
GEXIM and Saudi EXIM Forge Strategic Partnership to Boost Trade and Project…
In a move to bolster Ghana's economic transformation through enhanced international trade and export development,…
AfDB Warns of $39.84 Billion Drop in Africa’s Foreign Funding by 2025 Amid Global…
The African Development Bank (AfDB) has projected a significant drop of $39.84 billion in foreign funding to…
SEC Warns Nigerians Against Unregistered Silverkuun Investment Cooperative
The Securities and Exchange Commission (SEC) has issued a strong warning to the Nigerian public against engaging…
Nigerian Exchange Surges by N187 Billion as Investor Confidence Drives Market…
The Nigerian Exchange (NGX) continued its positive streak on Wednesday, gaining N187 billion in market…
Japan Unlikely to Dump U.S. Treasuries Amid Lack of Alternatives, Says Ex-BOJ…
Japan is unlikely to have sold off its substantial U.S. Treasury holdings despite a major sell-off in April,…
Forex Market Reforms Restore Investor Confidence in Nigerian Economy
The liberalisation of Nigeria’s foreign exchange (forex) market has restored investor confidence and stabilised…