Nigerian Stock Market Hits N70.89 Trillion as Investor Confidence Drives Gains
The Nigerian stock market continued its bullish streak on Tuesday, June 4, 2025, with a notable gain of N259 billion…
Category: investment
BoG Governor Sets Bold Target to Slash Lending Rates Below 10% Within Four Years-Ghana
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has announced a bold plan to reduce Ghana’s average lending…
FX Options Market Signals Growing Investor Bets on Further Dollar Weakness
The U.S. dollar, after experiencing a sharp decline earlier this year, is showing signs of further weakening according to the…
NGX Chief Urges Rethink of Africa’s Growth Model, Calls for Homegrown Capital and Tech-Driven Solutions
Temi Popoola, Group Managing Director and CEO of the Nigerian Exchange Group (NGX Group), has urged African leaders and stakeholders…
Government in Final Talks with Strategic Investor for AT Revamp and Takeover
The Government of Ghana has entered into advanced discussions with a strategic investor for the revamp and potential takeover of…
Nigeria’s Economic Recovery Gathers Momentum – CBN Governor Cardoso
Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso, has assured Nigerians that the country’s economy is on a solid…
CBN’s Recapitalization Deadline Expires: BDC Operators Urge Extension to Save 3 Million Jobs
The Central Bank of Nigeria’s (CBN) deadline for Bureau De Change (BDC) operators to meet new recapitalization requirements expired today,…
Nigerian Equities Market Starts Week Strong with N173bn Gain Despite Lower Trading Volume
The Nigerian equities market kicked off the week on a positive trajectory as it recorded a N173 billion increase in…
Nigeria’s Economic Reforms Target Forex Stability Amid Oil Price Slump
Nigeria’s foreign exchange reserves have declined significantly in the first four months of 2025, dropping from $40.88bn in January to…
NASD Market Soars with N5.14bn in Trades as Oil & Gas Sector Leads Rally
The NASD Over-the-Counter (OTC) Securities Exchange recorded a significant surge in trading activity last week, as 551.01 million shares worth…
Tinubu Highlights $8 Billion Oil Investment, 400% Rig Surge in Two-Year Economic Progress Report
President Bola Tinubu has marked his two years in office by emphasizing the significant strides his administration has made in…
Nigerian Stock Market Extends Gains, Rises by 0.27%
Nigeria’s stock market continued its positive momentum on Wednesday, climbing by 0.27 percent. The uptick was largely driven by increased…
Cedi Soars, Easing Ghana’s Debt Burden and Boosting Economic Outlook
Ghana’s currency, the cedi, has stunned markets with a dramatic 42% gain against the US dollar since January, outperforming all…
GEXIM and Saudi EXIM Forge Strategic Partnership to Boost Trade and Project Financing-GHANA
In a move to bolster Ghana’s economic transformation through enhanced international trade and export development, the Ghana Export-Import Bank (GEXIM)…
AfDB Warns of $39.84 Billion Drop in Africa’s Foreign Funding by 2025 Amid Global Aid Cuts
The African Development Bank (AfDB) has projected a significant drop of $39.84 billion in foreign funding to Africa by 2025,…
SEC Warns Nigerians Against Unregistered Silverkuun Investment Cooperative
The Securities and Exchange Commission (SEC) has issued a strong warning to the Nigerian public against engaging with Silverkuun Investment…
Nigerian Exchange Surges by N187 Billion as Investor Confidence Drives Market Momentum
The Nigerian Exchange (NGX) continued its positive streak on Wednesday, gaining N187 billion in market capitalisation amid strong investor optimism…
Japan Unlikely to Dump U.S. Treasuries Amid Lack of Alternatives, Says Ex-BOJ Official
Japan is unlikely to have sold off its substantial U.S. Treasury holdings despite a major sell-off in April, according to…
Forex Market Reforms Restore Investor Confidence in Nigerian Economy
The liberalisation of Nigeria’s foreign exchange (forex) market has restored investor confidence and stabilised the exchange rate, addressing long-standing volatility…
Dangote Refinery Reshapes Africa’s Fuel Landscape as Nigeria Ends Petrol Import Dominance
Nigeria has relinquished its status as Africa’s largest importer of refined petroleum products, with South Africa now taking the lead.…
FX Reforms Spark Surge in Investor Confidence as Daily Turnover Hits $500m
Nigeria’s foreign exchange (FX) market has experienced a dramatic boost in liquidity, with daily turnover approaching $500 million—a nearly five-fold…
AfDB Forecasts 6% Naira Depreciation by 2026 Amid Global Market Volatility
The African Development Bank (AfDB) has projected that the Nigerian naira will depreciate by at least 6% between 2025 and…
Stakeholders Call for Greater Investment and Support to Boost Nigeria’s Tech Innovators
At a recent World Product Day event in Lagos, key players in Nigeria’s investment sector highlighted the major obstacles facing…
NGX Market Capitalisation Surges Past N70 Trillion as Bullish Trend Continues
The Nigerian Exchange Limited (NGX) witnessed sustained bullish activity as the market capitalisation soared past the N70 trillion mark. The…
Africa’s Cross-Border Payments Market Set to Reach $1 Trillion by 2035 Amid Fintech Boom
Africa’s cross-border payments market is poised for significant growth, with projections estimating it will nearly triple to $1 trillion by…
Asia-Pacific Markets Mixed as Investors React to U.S. Tariff Postponement and Global Economic Signals
Asia-Pacific markets showed a mixed performance on Tuesday as investors digested the implications of U.S. President Donald Trump’s decision to…
Jinapor Urges Swift Operationalisation of Africa Energy Bank to Power Continental Growth-Ghana
Ghana’s Minister for Energy and Green Transition, John Jinapor, has called for urgent action to make the Africa Energy Bank…
NGX Market Capitalisation Surpasses N70 Trillion on Strong Investor Demand for Airtel Africa, Others
The Nigerian Exchange Limited (NGX) saw its market capitalisation cross the N70 trillion mark, driven by strong investor demand for…
Nigeria Strengthens Strategic Ties with China to Boost Industrialisation
The Federal Government of Nigeria has reiterated its strong commitment to deepening its strategic partnership with China, emphasizing that the…
NACCIMA President Urges Overhaul of Nigeria’s Investment Agencies to Attract High-Quality Investments
The President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye, has called…