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investment
Nigerian Stock Market Soars by N342bn, Driven by Banking and Consumer Goods Stocks
Nigeria’s stock market experienced a notable rally on Wednesday, April 23, 2025, increasing by 0.53 percent, or…
Foreign Block Trades Drive Nigeria’s Stock Market to N2.23tn in Q1 2025
In the first quarter of 2025, Nigeria's stock market recorded impressive growth, with total transactions hitting…
Nigeria Targets 7% Growth with Reforms, Aims to Attract Investments Amid Economic…
Nigeria is setting ambitious economic goals, targeting a 7% annual growth rate to lift millions of citizens out of…
Brokers recommend “hold” on banking stocks as market sentiment improves
Market analysts are taking a cautious but optimistic stance on Nigeria's banking sector, issuing a string of…
Arnergy Secures $18M to Scale Solar Energy Access Across Africa
Arnergy, a Nigerian-based leader in distributed renewable energy, has raised $18 million in fresh funding to ramp…
Nigeria’s $630 Million Investment in Data Centres to Meet Surge in Internet…
As internet usage continues to soar, data centre operators in Nigeria are investing over $630 million to expand…
Nigeria’s Foreign Investment Surges to Two-Year High Amid High Yields and Rate…
Foreign investment in Nigeria has surged to its highest level in over two years, largely driven by the Central…
Top Nigerian Banks Post Record ₦17.3 Trillion in Gross Earnings, Profit Soars by…
In a year marked by economic hurdles, Nigeria’s top five banks – Zenith Bank, GTCO, UBA, Access Holdings, and…
CBEX promoters won’t escape justice – SEC
The Securities and Exchange Commission (SEC) has taken a firm stance against the promoters of Crypto Bridge…
Nigeria Lands $1.3B Mining Investment, Eyes $25B GDP Surge & $8B FX Boost —…
Nigeria just bagged a massive mining investment deal worth $1.3 billion, and it’s being called the biggest private…
Petroleum Experts Urge Fiscal Incentives to Boost Gas and Oil Investment in…
Ahead of its 50th anniversary, the Nigerian Association of Petroleum Explorationists (NAPE) has called on the…
EU Eyes Nigeria’s Solid Minerals for Trade and Investment Expansion
The European Union (EU) has shown significant interest in expanding trade and investment in Nigeria’s solid…
Banking Stocks Drag NGX Down as Investors Lose N445bn in One Day
The Nigerian Exchange (NGX) took a significant hit on Wednesday, April 16, reversing the previous day’s modest…
CBEX Collapse Triggers Urgent Calls for Stronger Regulation of Digital Asset…
The collapse of the CBEX digital asset trading platform has sparked widespread calls for more stringent government…
Nigeria reaffirms strong ties with US amid global uncertainty
Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has emphasized the country’s unwavering…
Banks and Manufacturers Overcome Economic Challenges to Post Impressive Profits…
Despite Nigeria's economic struggles, including high inflation, a depreciating naira, and rising interest rates,…
Afriland Properties Approves N865.5m Dividend as 2024 Profits Surge
Afriland Properties Plc has received shareholder approval to distribute a total dividend of N865.5 million,…
MAN Warns U.S. Tariff Could Derail Nigeria’s N55trn Budget, Threaten AfCFTA…
The Manufacturers’ Association of Nigeria (MAN) has raised the alarm over the imposition of a 14% tariff on…
Investors Cautious as NGX Sheds N440bn Amid Economic Jitters
The Nigerian Exchange (NGX) faced a sharp downturn last week, with market capitalisation dropping by N440.51…
Ghana’s Damang Mine Decision Paves Way for Local Investment in Mining Sector –…
The Ghanaian government’s decision not to extend the mining lease for the Damang Gold Mine has been positioned as…
Nigerian Stocks to Watch: Oando’s Struggles, VFD’s Surge, and Wema’s Rights Issue…
The Nigerian stock market closed the week ending April 11, 2025, on a bearish note, as the All-Share Index dropped…
Traditional Banks in Nigeria See Mixed Results as They Enter Fintech Space
Nigerian traditional banks began diving into the fintech industry in 2017, with Wema Bank’s launch of its ALAT…
Government Rejects GH¢2.36bn in T-bill Bids Amid Fiscal Caution
The government of Ghana has adopted a more cautious approach to borrowing, rejecting a substantial portion of bids…
Enugu issues 5MW power licence, boosts private sector participation in electricity…
Enugu State has issued a new 5MW power generation license to Tempo Power Solutions Ltd, authorizing the company to…
Nigeria’s Eurobond Market Faces Turmoil Amid U.S.-China Trade War
Nigeria’s Eurobond market has been hit hard by the global financial turbulence sparked by U.S. President Donald…
NGX Shifts Gears to Attract Private Capital Amid Record Growth
The Nigerian Exchange Group (NGX) is repositioning its operations to become a hub for both public and private…
MTN Plans Second Public Offer in Nigeria Following Projected Financial Rebound
MTN Group is preparing to reduce its stake in MTN Nigeria from 76% to 65% through a second public offering, once…
Nigerian Stock Market Declines by 0.18% as LIVESTOCK and VFDGROUP Lead Gainers
The Nigerian All-Share Index (ASI) experienced a decline of 0.18% on April 9, 2025, closing at 104,187.00, down…
NGX Shifts Focus to Attract Private Capital Amid Rising Delistings
As delistings from the Nigerian capital market grow, the Nigerian Exchange Group (NGX) is adjusting its strategy…
Transcorp Hits $3 Billion Valuation as Elumelu Calls for Urgent Power Sector…
Transcorp Plc has reached a major milestone, with its market valuation now standing at $3 billion (₦4.5 trillion),…