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investment
CBN Holds Interest Rate to Curb Inflation, Spur Growth Amid Fragile Economic Gains
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to maintain the benchmark…
BREAKING: Otedola Invests N320bn in First Bank, Cites Tinubu and Cardoso’s…
Billionaire investor and Chairman of First Holdco Plc, Femi Otedola, has announced a landmark N320 billion…
Dangote: 52 Kobo of Every Naira in Local Investment Goes to Federal Government
At the 2025 Taraba International Investment Summit (TARAVEST) held in Jalingo, the Chairman of Dangote Group,…
Bitcoin Hits Record High Amid Improving Market Sentiment and Institutional Support
Bitcoin soared to an all-time high on Wednesday, surpassing January’s peak as investor confidence rebounded after…
Nigerian Stock Market Sheds N70 Billion Amid Sell Pressure in 27 Stocks
The Nigerian stock market experienced a downturn on Wednesday, with market capitalisation dropping by N70 billion.…
NGX Loses N70bn as Market Reverses Gains Amid Mixed Investor Sentiment
The Nigerian Exchange (NGX) ended Wednesday’s trading session on a negative note, reversing the gains recorded a…
Nigerian Tech Startups Defy Economic Storms to Post Seven-Fold Growth
Despite facing one of the toughest economic periods in recent Nigerian history, seven tech companies have recorded…
UK Inflation Surges to 3.5% in April, Disrupting Interest Rate Cut Expectations
UK inflation surged unexpectedly in April, rising to 3.5% from 2.6% in March, the largest monthly jump since 2022.…
“U.S. Economic Woes Rattle Consumers, But Nestlé Gains Ground, CEO…
Nestlé CEO Laurent Freixe has acknowledged that American consumers are feeling the strain of an economic slowdown,…
Mahama Urges Value Chain Investment for Inclusive Growth at Ghana-EU Forum
President John Dramani Mahama opened the 3rd Ghana-EU Business Forum in Accra with a strong call to action for…
Cardoso: Stronger Naira Set to Boost Nigeria’s Non-Oil Exports and Attract…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that recent monetary reforms have made…
MPC Holds Interest Rate at 27.5% as CBN Seeks Fiscal Support for Naira Stability
The Central Bank of Nigeria (CBN), at its 300th Monetary Policy Committee (MPC) meeting, opted to retain the…
Nigerian Stocks Edge Up as MPC Maintains Policy Rates
Nigeria’s equities market posted a slight gain of 0.03% on Tuesday, equivalent to a N20 billion increase in market…
CBN Faces Crucial Decision as Inflation Cools Amid Global Uncertainty
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today amid high anticipation from…
Nigeria’s Digital Economy Surges with $191m FDI and $2bn Fibre Optic Rollout
Nigeria's digital economy is experiencing unprecedented growth under President Bola Ahmed Tinubu, attracting $191…
Wale Edun: Capital Market Crucial to Nigeria’s $1 Trillion Economy Vision by 2030
The Nigerian government has underscored the vital role of the capital market in achieving its ambitious goal of a…
Cautious Optimism in Ghana’s Bond Market as Secondary Trading Rises
Ghana’s bond market witnessed a notable surge in secondary trading activity last week, with the total value of…
Ghana Cedi’s Strong Recovery Marks Economic Turnaround – Ato Forson
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has highlighted the recent appreciation of the Ghana cedi as a…
Intel Considers Sale of Networking and Edge Business to Refocus Core Strategy
Intel is reportedly exploring the sale of its networking and edge (NEX) business as part of a broader strategic…
FX Market Turnover Rises to $1.76bn Amid Sharp Decline in Derivatives Activity
The Nigerian foreign exchange (FX) market recorded a slight uptick in trading activity last week, with total…
Nigeria’s exit from FATF grey list will increase investor confidence, says SEC
Nigeria's anticipated removal from the Financial Action Task Force (FATF) grey list is expected to significantly…
Cornelius Renews Push for Canada-Nigeria Investment Pact Ratification Ahead of…
Pan-African economic strategist and faith leader Cornelius Olajide Babalola has issued a renewed call for the…
Nigeria Signals Readiness to Boost Trade and Investment Ties with U.S., Says Envoy
Nigeria has reaffirmed its readiness to strengthen trade and investment ties with the United States, according to…
European DFIs Invest $80M in BluePeak Fund to Support Africa’s Mid-Market Growth
Four European Development Finance Institutions (EDFIs)—British International Investment (BII), FMO, Swedfund, and…
U.S.-Iran Deal Impact Weighs on Nigerian Crude, Obodo Oil Debuts Amid Global…
Nigerian crude oil is facing mounting pressure in the global market due to potential negotiations between Iran and…
Foreign Investors Withdraw N420bn from Nigerian Stock Market Amid Economic…
In the first quarter of 2025, foreign investors pulled out a massive N420.37 billion from the Nigerian Stock…
TensorWave Raises $100M to Accelerate AI Infrastructure Growth with AMD-Powered…
Las Vegas-based AI infrastructure startup TensorWave has successfully raised $100 million in a significant Series…
Lagos Rakes in Over N1 Trillion in Investments, Sets Sights on 2025 Economic…
In a major economic milestone, the Lagos State Government has announced that it attracted over N1 trillion in…
Foreign Portfolio Outflows Surge 251% in Q1 2025 Amid Economic Reforms and Global…
In the first quarter of 2025, foreign portfolio outflows from Nigeria's equities market surged to N420.37 billion,…
Ghana Opens Doors for Oil Investment as Mahama Encourages Global Investors Amid…
Ghana’s former president, John Dramani Mahama, has urged international investors to consider the country’s oil and…