Browsing Category
investment
Experts cautions against idle deposits as banks grow investment securities to…
In the first quarter of 2025, eight major Nigerian banks, including Access Holdings, Zenith Bank, and United Bank…
NGX Market Surge Adds N1.69tn in Capitalisation Amid Trading Boom
The Nigerian Exchange Limited (NGX) saw an impressive surge in market activity, with investors trading 2.645…
From Aid to Industry: How Africa’s Informal Sector and Youth Could Drive Inclusive…
For decades, many African nations have relied heavily on foreign aid to fund healthcare, education, and emergency…
Bank of Ghana Warns Public About Foreign Investment Scams
The Bank of Ghana has issued a strong warning to the public regarding the growing threat of illegal foreign…
CBN Sells N598.3bn NT-Bills Amid Liquidity Surge in the Market
On May 7, 2025, the Central Bank of Nigeria (CBN) held a successful Nigerian Treasury Bill (NTB) auction, raising…
Airtel Africa Gears Up for Airtel Money IPO, Projects H1 2026 Listing and Robust…
Airtel Africa is making significant strides in its preparation for the IPO of Airtel Money, its mobile money…
Pension Fund Investment in Private Equities Soars by 299% Amid Search for Better…
In Nigeria, pension fund investments in private equity have surged dramatically by 298.7% in the past five years,…
African Startups Raise $803M in Early 2025, Signaling Strong Tech Sector Rebound
In a strong indication of recovery, African startups have collectively raised $803 million in funding between…
OpenAI to Halve Microsoft Revenue Share Amid Corporate Restructuring
OpenAI has informed investors that it plans to significantly reduce the share of its revenue going to Microsoft as…
African Start-ups Raise $803M in Q1 2025 as Investor Confidence Rebounds
African start-ups raised a remarkable $803 million in Q1 2025 across 163 deals, marking a 43% increase from the…
Nigerian Stock Market Sees N412 Billion Surge, Led by Gains in 35 Stocks
The Nigerian equities market began the week on a positive note, with investors gaining N412 billion, driven by…
Emerging Market Bonds Surge as U.S. Treasurys Lose Safe-Haven Status Amid Trump’s…
In the wake of U.S. President Donald Trump’s announcement of new tariffs, investors are increasingly turning to…
Investors Gain N412bn as NGX Opens Week Strong with Broad-Sector Rally
The Nigerian Exchange (NGX) kicked off the week with solid momentum as investor confidence fueled a 0.62% surge in…
Dollar Dips Amid Taiwan Currency Surge and Global Revaluation Buzz
The U.S. dollar weakened on Monday following a dramatic surge in the Taiwan dollar, which jumped over 7% in just…
Nigeria Emerges as Africa’s Fastest-Growing Web3 Developer Hub
Nigeria has become Africa's fastest-growing Web3 developer hub, contributing 4% of all new global Web3 developers,…
SEC Flags TOFRO as Suspected Ponzi Scheme, Warns Nigerians Against Investment
The Securities and Exchange Commission (SEC) has issued a public warning regarding TOFRO.COM (Tofro), an online…
Dangote Rides Tariff Wave, Doubles Down on Urea Exports to U.S.
Aliko Dangote, President of Dangote Industries Limited, has signaled confidence in the face of new U.S. tariffs,…
Fitch Solutions Maintains Ghana’s 2025 Growth Forecast at 4.2% Amid Global…
Fitch Solutions has maintained its projection that Ghana’s economy will grow by 4.2% in 2025, slightly outpacing…
NGX Group Returns to Profit Growth as Income and Cost Efficiency Improve
The Nigerian Exchange Group Plc posted a notable 58% surge in its profit after tax for the first quarter of 2025,…
Edo State Investment Forum Targets Global Investors for Economic Growth
Edo State is taking significant strides towards economic growth as it seeks to attract investors through the…
Nigerian Telcos Commit Over $1 Billion to Chinese Network Gear in Major…
Telecommunication operators in Nigeria have placed orders exceeding $1 billion for network equipment from Chinese…
Nigeria’s Cold Chain Market: A N160bn Goldmine for Investors Battling Post-Harvest…
Nigeria’s cold chain sector, valued at N160 billion as of 2023, is revealing massive investment potential as it…
Investors Shift to Emerging Market Debt as U.S. Treasurys Lose Safe Haven Status…
Following U.S. President Donald Trump's announcement of tariffs in early April 2025, there has been a significant…
UK’s Manufacturing Africa & TLG Capital Launch $200M Fund to Boost Nigerian…
In a move to inject fresh capital into Nigeria’s manufacturing sector, the UK government’s Manufacturing Africa…
CBN’s Financial Reforms Stabilise Nigeria’s Economy and Boost Investor…
Since Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN) in October 2023, a raft of…
SEC Pushes for Deeper African Capital Market Integration Through Strategic…
During a recent official visit to Morocco, the Director General of Nigeria’s Securities and Exchange Commission…
Nigeria’s Economic Reforms Gain Global Support, Strengthening Naira and…
At the 2025 Spring Meetings of the International Monetary Fund (IMF) and World Bank Group, Olayemi Cardoso,…
NGX gains N966bn in holiday-shortened week
The Nigerian Exchange Limited (NGX) recorded a significant boost in market capitalisation, gaining N966 billion…
World Bank names Dangote member private sector investment Lab
The World Bank Group has announced a new phase for its Private Sector Investment Lab (PSIL), aimed at scaling…
Cardoso’s Global Diplomacy to Strengthen Nigeria’s Economy and Investor Confidence
In April 2025, during the International Monetary Fund (IMF) and World Bank’s Spring Meetings in Washington, DC,…