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investment
Nigeria Sets Sights on $128 Trillion Global Asset Market as Mutual Funds Surge
Nigeria is positioning itself to tap into the booming $128 trillion global asset management market, buoyed by a…
CBN Reports $3.73bn Current Account Surplus in Q1 2025, Boosted by Non-Oil Exports…
Nigeria recorded a current account surplus of $3.73 billion in Q1 2025, driven primarily by a sharp increase in…
Bullish Momentum Persists in Nigerian Bond Market as Yields Drop to 18.38%
Nigeria’s bond market extended its bullish streak last week as investors continued to show strong demand for…
AfCFTA Urges Africa to Cut Dollar Dependence and Embrace Local Currencies to Boost…
At the 2025 Afreximbank Annual Meetings in Abuja, Wamkele Mene, Secretary General of the African Continental Free…
$1 Billion Bitcoin Treasury Firm Launched by U.S. Investor Pompliano in Historic…
A major move in the cryptocurrency world unfolded as U.S. entrepreneur Anthony Pompliano announced the formation…
Nigeria Earns N70tn from Oil Exports Despite Weak Output and Sector Challenges
Nigeria has generated a substantial N70.1 trillion in oil export revenue over a 15-month period from January 2024…
Domestic Investors Dominate NGX with N3.4tn in Trades Amid Rising Confidence
Domestic investors have emerged as the dominant force on the Nigerian Exchange Limited (NGX), driving a total of…
Naira Strengthens Amid CBN Intervention, FPI Inflows and Eased Inflation
The Nigerian naira appreciated slightly at the official foreign exchange window in the past week, moving to…
Fed Holds Rates, Warns of Inflation and Slower Growth Amid Global Tensions
The U.S. Federal Reserve has decided to keep interest rates steady between 4.25% and 4.5%, maintaining its…
Equity Market Soars as Oil, Insurance Stocks Drive N1.18tn Rally
The Nigerian Exchange (NGX) witnessed a robust performance on Wednesday, marking a major rebound with the market…
FG Targets N100 Billion in June Bond Auction to Fund 2025 Budget
The Federal Government of Nigeria, via the Debt Management Office (DMO), has announced plans to raise N100 billion…
CBN Sells N7.9 Trillion in Treasury Bills, Rejects N12.2 Trillion in Bids Amid…
In a move reflecting rising investor appetite for naira-denominated assets amid persistent inflation, the Central…
NGX Sheds N183bn as Blue-Chip Stocks Tumble Amid Bearish Sentiment
The Nigerian Exchange Limited (NGX) suffered a significant blow on Tuesday, losing N183 billion in market value as…
Caution Amid Optimism: Economist Warns Ghana Not Ready for Eurobond Market Despite…
Fitch Ratings recently upgraded Ghana’s credit rating to ‘B-’ with a stable outlook, a move that signals improved…
FCMB Reassures Shareholders of Dividends Amid CBN’s New Banking Restrictions
FCMB Group Plc has moved to allay shareholder concerns following a new directive from the Central Bank of Nigeria…
CBN Dividend Suspension Triggers Sharp Decline in Banking Stocks
The Nigerian banking sector faced a significant downturn following the Central Bank of Nigeria’s (CBN) recent…
Edun, Cardoso Strategize as Nigeria’s Inflation Drops to 22.97%
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, met with Central Bank Governor Yemi…
Stocks Slip, Oil Surges as Middle East Conflict and Global Policy Moves Rattle…
Tensions in the Middle East escalated sharply as fighting between Israel and Iran entered its fifth day, leading…
Fitch Upgrades Ghana’s Credit Rating to ‘B-‘ as Economic Reforms…
Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating from "Restricted Default" to…
German AI Defence Start-up Helsing Secures €600 Million in Major Investment Round
German defence technology start-up Helsing has successfully raised €600 million in its latest funding round,…
CBN Dividend Ban Triggers Sharp Decline in Bank Stocks on NGX
Bank stocks on the Nigerian Exchange (NGX) suffered significant losses on Monday, June 16, 2025, after the Central…
World Bank Warns of Alarming Drop in FDI to Developing Nations, Hits Lowest Level…
Foreign direct investment (FDI) into developing economies has plummeted to its lowest point in nearly two decades,…
Israel-Iran Conflict Threatens Nigerian Economy with Investment Risks and Rising…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict between Israel…
Emerging Market Bonds Surge as Weaker Dollar Revives Investor Appetite
A sharp decline in the U.S. dollar is breathing new life into emerging market (EM) local currency debt, an asset…
Nigerian Breweries Bounces Back: Q1 2025 Profits Signal Strong Recovery, Spark…
Nigerian Breweries Plc has earned praise from financial stakeholders following its impressive Q1 2025 financial…
CBN Crackdown on Forbearance Exposes FirstHoldco, Others to Billions in Loan Risks
The Central Bank of Nigeria (CBN) has taken a firm stance by reverting to orthodox monetary policy, enforcing…
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…