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investment
Half of African Currencies Weaken in May Despite Economic Reforms – Afreximbank…
Nearly half of Africa's currencies depreciated in May 2025, revealing a mixed macroeconomic picture across the…
Stakeholders Rally Behind Intra-African Trade to Drive Economic Growth and…
Nigeria is intensifying efforts to accelerate the implementation of the African Continental Free Trade Area…
Trump Invites Five African Leaders for Trade Talks, Snubs Nigeria
US President Donald Trump is set to host the presidents of five African nations—Gabon, Guinea-Bissau, Liberia,…
US Consulate Celebrates 249th Independence Day in Lagos, Strengthens Economic Ties…
In a vibrant ceremony held at the U.S. Consul General’s Residence in Lagos, the United States Consulate marked its…
Investors Lose N150bn as NGX Opens July in the Red Amid Profit-Taking
The Nigerian Exchange Limited (NGX) began July on a bearish note, wiping off N150 billion from investors'…
Investors Gain N5.49 Trillion in June as Consumer Goods, Insurance, and Banking…
Nigeria’s equities market delivered a strong performance in June 2025, gaining approximately N5.49 trillion in…
Nigeria Records $3.73bn Current Account Surplus in Q1 2025, Driven by Non-Oil…
Nigeria posted a current account surplus of $3.73 billion in Q1 2025, according to the Central Bank of Nigeria…
Nigeria’s External Reserves Drop $3.5bn in Six Months Despite Naira Stability
Nigeria’s external reserves have declined by $3.51 billion in the first half of 2025, dropping from $40.883…
Nigerian Stock Market Closes June with N11bn Loss Amid Profit-Taking and Mixed…
The Nigerian stock market ended the month of June on a subdued note, recording a modest loss of N11 billion on the…
216 Chinese Investors Target Nigeria’s Key Sectors After Landmark Nigeria-China…
At the recent Nigeria-China Sustainable Business Bilateral Trade and Investment Summit held on June 23, 2025, in…
US-Africa Business Summit Generates $2.5 Billion in Trade Deals, Strengthening…
The 17th U.S.-Africa Business Summit, held from June 22 to 25, has concluded with over $2.5 billion in new trade…
US Banks Surge After Passing Fed Stress Test, Paving Way for Shareholder Payouts
Wall Street's leading banks saw a boost in premarket trading after all 22 major institutions passed the Federal…
Investors Pivot to Europe Amid U.S. Tariff Uncertainty Under Trump
A growing number of global investors are shifting their focus from the U.S. to Europe, driven by growing…
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…