FGN Opens July Savings Bonds with Up to 16.76% Interest Amid Stable Monetary Climate
The Debt Management Office (DMO) has commenced the subscription window for the July 2025 issuance of the Federal Government of…
Category: investment
Nigerian Stock Market Begins Week Strong with N193bn Gain Amid Renewed Investor Confidence
The Nigerian Exchange Limited (NGX) opened the week on a bullish note, recording a gain of N193 billion in market…
Nigeria’s Fintech Crisis: Over $200 Million Lost as Startup Failures Surge
Nigeria’s fintech sector, once hailed as a beacon of innovation and investment in Africa, is witnessing an alarming surge in…
Investors Position for Q2 Earnings as NGX Market Capitalisation Surges by N377bn
The Nigerian Exchange (NGX) ended the first trading week of July 2025 on a bullish note, gaining N377.26 billion in…
Naira Poised for Modest Gains as Forex Liquidity Improves, Say Analysts
The Nigerian naira is projected to remain stable and potentially gain value this week, trading between ₦1,500 and ₦1,530 against…
Global Markets Stay Resilient Despite Trump’s Looming Tariff Hike
Global financial markets have shown surprising calm ahead of U.S. President Donald Trump’s Wednesday tariff deadline, brushing off concerns that…
Sycamore MD: Fintech and AI Can Multiply Nigeria’s Retail Investors Tenfold in 5 Years
Oluwagbenga Magbagbeola, Managing Director of Sycamore Investment and Asset Management, explained the company’s transition from peer-to-peer lending into regulated asset…
DMO Opens July FGN Savings Bond Offer with Up to 16.762% Interest Despite Slight Rate Drop
The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 issuance of the Federal Government…
Government Misses T-Bills Target for Sixth Straight Week Amid Falling Interest Rates-Ghana
The Government of Ghana has once again fallen short of its Treasury bill target, marking the sixth consecutive week of…
Nigerian Stocks Set to Soar 32% in 2025 on Tax Cuts, FX Reforms – Report
With projections indicating a 32.2% return, according to CardinalStone Research’s 2025 Mid-Year Economic Outlook. The bullish forecast is underpinned by…
Half of African Currencies Weaken in May Despite Economic Reforms – Afreximbank Report
Nearly half of Africa’s currencies depreciated in May 2025, revealing a mixed macroeconomic picture across the continent, according to the…
Stakeholders Rally Behind Intra-African Trade to Drive Economic Growth and Industrialisation
Nigeria is intensifying efforts to accelerate the implementation of the African Continental Free Trade Area (AfCFTA) to unlock business opportunities…
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, Mauritania, and Senegal—at the…
US Consulate Celebrates 249th Independence Day in Lagos, Strengthens Economic Ties with Nigeria
In a vibrant ceremony held at the U.S. Consul General’s Residence in Lagos, the United States Consulate marked its 249th…
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’ portfolios on Tuesday,…
Investors Gain N5.49 Trillion in June as Consumer Goods, Insurance, and Banking Stocks Lead Market Rally
Nigeria’s equities market delivered a strong performance in June 2025, gaining approximately N5.49 trillion in market value. The rally was…
Nigeria Records $3.73bn Current Account Surplus in Q1 2025, Driven by Non-Oil Export Growth
Nigeria posted a current account surplus of $3.73 billion in Q1 2025, according to the Central Bank of Nigeria (CBN),…
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 billion at the…
Nigerian Stock Market Closes June with N11bn Loss Amid Profit-Taking and Mixed Sentiment
The Nigerian stock market ended the month of June on a subdued note, recording a modest loss of N11 billion…
216 Chinese Investors Target Nigeria’s Key Sectors After Landmark Nigeria-China Summit
At the recent Nigeria-China Sustainable Business Bilateral Trade and Investment Summit held on June 23, 2025, in Lagos, over 216…
US-Africa Business Summit Generates $2.5 Billion in Trade Deals, Strengthening Economic Ties
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 Reserve’s annual…
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 instability in…
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 significant rise…
CBN Reports $3.73bn Current Account Surplus in Q1 2025, Boosted by Non-Oil Exports and Trade Gains
Nigeria recorded a current account surplus of $3.73 billion in Q1 2025, driven primarily by a sharp increase in non-oil…
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 government debt securities.…
AfCFTA Urges Africa to Cut Dollar Dependence and Embrace Local Currencies to Boost Trade
At the 2025 Afreximbank Annual Meetings in Abuja, Wamkele Mene, Secretary General of the African Continental Free Trade Area (AfCFTA),…
$1 Billion Bitcoin Treasury Firm Launched by U.S. Investor Pompliano in Historic Crypto Merger
A major move in the cryptocurrency world unfolded as U.S. entrepreneur Anthony Pompliano announced the formation of a new bitcoin…
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 to March…
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 N3.41 trillion…