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investment
Foreign transactions on NGX hit N785bn in 11 months –Report
Foreign transactions on the Nigerian Exchange Limited (NGX) reached N785.28 billion in the first 11 months of…
Nigerian Equities Begin 2025 with Strong Gains as Investor Optimism Rises
The Nigerian stock market started 2025 on a bullish note, with the All-Share Index (ASI) climbing 1.42% to close…
Investor Concerns Persist Despite Stronger Market Regulations in Nigeria
Despite recent regulatory advancements, including the Investment and Securities Bill (ISB) 2024, investor…
Guinea Insurance Targets N1.75bn Premium Boost with Strategic Vision
Guinea Insurance has announced a projection of N1.75 billion in gross premium written for the first quarter of…
How Edun inspired over $10bn inflows into Nigeria
In 2024, Nigeria witnessed significant economic progress under Finance Minister Wale Edun, who facilitated $9.09…
CIS urges FG to leverage commodities ecosystem for GDP growth
The Chartered Institute of Stockbrokers (CIS) has urged the Federal Government (FG) to prioritize the development…
Exclusive: China plans record $411 billion special treasury bond issuance next…
According to sources familiar with the plan, China is set to issue 3 trillion yuan ($411 billion) in special…
EIU projects improved Eurobond issuance in 2025
The Economist Intelligence Unit (EIU) forecasts a surge in Eurobond issuance across West Africa in 2025, driven by…
AfDB’s SEFA Invests $20m in ARM-Harith, ACV Fund to drive sustainable…
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has committed $20 million to drive…
Market Cap Adds N138bn Amid Demand for 54 Stocks
Ahead of the Christmas celebrations, the Nigerian Exchange Limited (NGX) started the week positively, with the…
Wall Street Opens Higher as Investors Welcome US Inflation Data
U.S. stock futures pointed to a positive start on Wall Street after last week’s U.S. inflation data fueled…
Stakeholders leverage AfCFTA, fintech listings for capital market growth
Nigeria’s capital market has been identified as a critical driver for achieving the government’s $1 trillion…
The equities market gains N1trn as ASI crosses 100,000-point mark
The Nigerian equities market reached a significant milestone last week as the NGX All-Share Index (ASI) crossed…
Market Outlook for 2025 Amid Trump Return and Federal Reserve Decisions
As President-elect Donald Trump prepares to return to the White House, U.S. investors anticipating significant…
Markets in 2024: Wall Street’s high-octane rally keeps investors captive to…
In 2024, global markets have experienced a surprising surge, with world stocks on track for their second…
Festivity and Energy Costs Expected to Drive Inflation Surge in December
Analysts predict that Nigeria's headline inflation will rise to 34.91% year-on-year in December due to seasonal…
Investors Gain Over N1 Trillion in Five Days as Nigerian Stock Market Surges
The Nigerian stock market witnessed a remarkable rally, with the All Share Index (ASI) recording a 35.2%…
FCMB Group Shareholders Approve N340 Billion Capital Raise
FCMB Group Plc has secured shareholder approval to raise N340 billion in capital to strengthen its banking…
Zest AI secures $200 million to expand credit tech and pursue acquisitions
Zest AI, a credit underwriting solutions provider, has secured a $200 million growth investment from its long-time…
Rainier Partners Acquires WPAS to Expand Multi-Employer Benefits Administration
Rainier Partners, a Seattle-based private equity firm, has announced its investment in Welfare & Pension…
USTDA and Meridiam Join Forces for African Infrastructure Development
The United States Trade and Development Agency (USTDA) and Paris-based Meridiam SAS have signed a Memorandum of…
SEC Draft Rules Open Pension Funds to Commercial Papers Investment
The Securities and Exchange Commission (SEC) has released draft rules enabling pension funds in Nigeria to resume…
US Stocks Fall as Fed Signals Slower Pace of Rate Cuts
US stock markets experienced significant declines following the Federal Reserve’s decision to cut interest rates…
Capital Economics sees muted Saudi growth into 2025
Capital Economics forecasts subdued economic growth for Saudi Arabia through 2025, attributing it to conservative…
Hedge Funds Turn to Macro Strategies Amid Market Volatility in 2025
Hedge fund investors are prioritizing macro strategies for 2025, driven by anticipated political and economic…
As bitcoin soars, luxury brands consider accepting crypto payments
The recent surge in Bitcoin’s value has sparked interest among luxury brands to explore cryptocurrency as a…
UBA to Expand SMEs Lending, Invest in Digital Technology with N239.4bn Rights …
United Bank for Africa (UBA) Plc has announced plans to utilize the net proceeds of its ongoing N239.4 billion…
Foreign portfolio investment in the stock market rises 180.9%
Foreign Portfolio Investments (FPIs) in the Nigerian stock market surged by 180.95% in the first ten months of…
NIPC seeks partnerships to attract, retain investments
The Nigerian Investment Promotion Commission (NIPC) has reinforced its commitment to driving economic growth by…
FG, World Bank invest $600m on rural roads
The Federal Government of Nigeria, in collaboration with the World Bank, has earmarked $600 million to…