Trump Opens Path for Crypto and Alternative Assets in Retirement Accounts
President Donald Trump has directed U.S. regulators to explore changes that would allow Americans to use retirement accounts like 401(k)s…
Category: investment
One-Year T-Bill Yields Edge Up to 19.76% as DMO, Investors Wrestle Over Rates
In a shift from recent trends, the yield on Nigeria’s one-year treasury bills rose to 19.76% at the latest primary…
Nigeria’s Banks Attract $7 Billion in ‘Hot Money’ as Foreign Inflows Surge — Experts Warn of Economic Risks
In 2024, Nigeria’s banking sector saw an unprecedented influx of $7 billion from foreign investors, marking the highest capital inflow…
Insurance, Consumer Goods Lead NGX Rally as Market Gains N479bn Amid Reform Bill Boost
The Nigerian Stock Exchange (NGX) witnessed a significant rally on Thursday, August 7, 2025, as the market capitalization rose by…
NGX Nears ₦100 Trillion as 35 Stocks Deliver Up to 500% Gains in 2025
The Nigerian Exchange Limited (NGX) is witnessing an extraordinary bull run in 2025, as 35 listed companies have posted returns…
Nigeria’s FDI Plummets 70% in Q1 2025 as Foreign Investors Flock to Short-Term ‘Hot Money’ Opportunities
Foreign Direct Investment (FDI) into Nigeria dropped sharply by 70.06% in the first quarter of 2025, falling to $126.29 million…
Nigerian Stock Market Hits N92.25tn Market Cap Amid Bullish Momentum
The Nigerian equities market continued its upward trajectory on Wednesday, with strong investor confidence boosting the All-Share Index (ASI) by…
Foreign Investors Dump ₦576bn in Nigerian Stocks Amid Market Volatility and Policy Uncertainty
Between January and June 2025, foreign investors withdrew ₦576.09 billion from the Nigerian Exchange (NGX), an 85% increase compared to…
Nigeria’s Energy Heavyweights to Convene at 2025 Gas Investment Forum to Drive Industrialisation
Nigeria is set to host the 2025 edition of the Gas Investment Forum (GIF), a pivotal event aimed at boosting…
Nigeria’s Foreign Investment Jumps 67% to $5.6bn in Q1 2025
Nigeria experienced a significant boost in foreign capital inflows in the first quarter (Q1) of 2025, with total capital importation…
Nigeria’s Capital Importation Surges 67% to $5.64 Billion in Q1 2025
Capital importation into Nigeria surged by 67.12% year-on-year in the first quarter of 2025, reaching $5.642 billion compared to $3.376…
BUA Cement Leads Market Rally as NSE Capitalisation Soars by N458 Billion
The Nigerian equities market continued its bullish momentum on Tuesday, August 6, 2025, driven by strong investor interest in BUA…
BoG Slashes Policy Rate by 300bps to Spur Cheaper Lending and Boost Economic Recovery-Ghana
The Bank of Ghana (BoG) has implemented a historic monetary policy shift by cutting its benchmark policy rate by 300…
Nigeria’s Banking Sector Attracts $3.1bn as Capital Inflows Surge, Manufacturing Slumps
Capital importation into Nigeria jumped to $5.64 billion in the first quarter of 2025, marking a 67.12% increase from the…
FCMB Group Reports N79.3bn Half-Year Profit in 2025, Driven by Strong Digital Growth and Higher Interest Income
FCMB Group Plc has reported a profit before tax of N79.3 billion for the first half of 2025, marking a 23% year-on-year increase,…
Investor Caution Slashes July FX Inflows by 21% Amid Global, Local Uncertainty
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) fell by 20.9% in July 2025 to $3.83 billion, down…
Ghana’s T-Bill Auction Oversubscribed by 42% as Investors Rush to Lock in Yields
Ghana’s latest Treasury bill (T-bill) auction has recorded a significant oversubscription, with investor demand surpassing the government’s target by 42.07%.…
IMF Upgrades Nigeria’s 2025 Growth Forecast Amid Easing Inflation, Currency Stability
The International Monetary Fund (IMF) has revised its 2025 economic growth forecast for Nigeria upward, projecting a 3.4% expansion—higher than…
Forex Inflows Drop 20.9% in July Despite Market Optimism, Naira Shows Modest Gains
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) declined sharply by 20.9% in July 2025, marking the second…
DMO Opens August 2025 FGN Savings Bonds with Up to 15.4% Interest Amid Declining Rates
The Debt Management Office (DMO) has announced the opening of the August 2025 Federal Government of Nigeria (FGN) savings bond…
FBNQuest Forecasts 3.4% GDP Growth for Nigeria in 2025, Naira to Weaken to N1,662/$
Analysts at FBNQuest Merchant Bank project that Nigeria’s economy will maintain its recovery in 2025, with real GDP expected to…
Africa Creative Market 2025 to Drive Export Growth and Global Investment
The Africa Creative Market (ACM) has announced that its 2025 edition will be centered on expanding Africa’s creative exports and…
Meta to Invest $72 Billion in 2025 Amid AI Infrastructure Boom
Meta Platforms Inc. announced it will increase its capital expenditure to as much as $72 billion in 2025, driven by…
FCMB Group Reports ₦79.3 Billion Profit Before Tax in H1 2025
FCMB Group Plc posted a profit before tax (PBT) of ₦79.3 billion for the first half of 2025, representing a…
Bank of Ghana to Relaunch Gold Coin Under “Cedi@60” to Boost Gold Ownership and Financial Inclusion
As part of the “Cedi@60” commemorative program, the Bank of Ghana (BoG) has announced plans to relaunch the Ghana Gold…
Tinubu’s $1 Trillion Economic Goal Hinges on Support for Local Industry — Expert Urges Collaboration with Dangote, Ekeh
President Bola Tinubu’s vision to transform Nigeria into a $1 trillion economy by 2030 has been described as bold by…
Naira Slightly Weakens Amid Summer Dollar Demand Surge, But Outlook Remains Stable
The naira experienced a minor depreciation across both official and parallel foreign exchange markets on Wednesday, largely due to a…
Nigeria’s Pension Assets Surge to N24.63 Trillion in June 2025 Amid Strong Equities and FGN Securities Performance
Nigeria’s pension fund assets reached a historic N24.63 trillion in June 2025, representing a 2.17% increase from May and a…
Yahoo Mail introduces $1.99/month 100GB plan
Yahoo Mail has announced a significant change to its storage policy, reducing the free email storage allowance from its previous…
Naira Strengthens Amid Forex Oversupply and Security Clampdown — CBN Policies, Investor Confidence Drive Stability
Currency traders have cited a significant oversupply of dollars in the Nigerian forex market, combined with the efforts of security…