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investment
Nigeria Plans $122 Billion Investment to Diversify Energy Sources and Enhance Grid…
The Federal Government of Nigeria has unveiled a plan to secure $122.2 billion in investments aimed at…
Elumelu Pledges Support for Gabon’s Infrastructure Development and Youth…
Tony Elumelu, the Group Chairman of United Bank for Africa (UBA) and founder of the Tony Elumelu Foundation (TEF),…
Banking Sector Outperforms with 7.76% YtD Gain as Recapitalisation Efforts Gain…
In 2025, the Nigerian banking sector has emerged as a standout performer on the Nigerian Exchange Limited (NGX),…
CBN Halts Interest Rate Hikes Amid Inflation Slowdown and Naira Strengthening
In a notable shift from its aggressive tightening policies, the Central Bank of Nigeria (CBN) has paused its…
Foreign Investment Outflow Hits N20.19bn in January, Threatening Market Stability
In January 2025, Nigeria’s stock market faced a significant challenge with a net foreign investment outflow of…
Nigeria and Kazakhstan to Strengthen Cooperation in Agriculture, Trade, and…
Nigeria and Kazakhstan are preparing to sign a Memorandum of Understanding (MOU) to enhance bilateral relations,…
Brazil’s JBS to Invest $2.5 Billion in Ogun State’s Livestock Industry
In a major boost to Nigeria's livestock sector, JBS, the world’s largest protein producer based in Brazil, has…
COMAC vows to resist policies that threaten local investment-GHANA
The Chamber of Oil Marketing Companies (COMAC) has expressed strong opposition to policies that could harm local…
Olam Group Sells 44.6% Stake in Agribusiness to Saudi Fund for $2.35 Billion
Olam Group, based in Singapore, announced on February 24, 2025, that it will sell a 44.58% stake in its…
Equity market gains N1.83tn in one week
The Nigerian equity market recorded a gain of N1.83 trillion last week, as the All-Share Index and Market…
The Urgent Need for Homegrown Venture Capital in Ghana’s Startup Ecosystem
For years, Ghana’s startup ecosystem, like many African nations, has thrived with the help of foreign donors such…
Wealth Soars by N505 Billion Amid Gains in BUA Foods, Eterna, and Others
The Nigerian Exchange Limited (NGX) closed on a positive note yesterday, reversing previous losses, thanks to…
Nigerian Researcher Develops AI-Powered ESG Model to Enhance Corporate…
Feyisayo Michael, a Nigerian-born Chartered Accountant and AI sustainability expert, has unveiled an innovative…
Nigeria’s Foreign Reserves Exceed $40 Billion as CBN Strengthens Forex Market
Nigeria's foreign reserves have exceeded the $40 billion mark for the first time in three years, marking a…
Bond Investors Urged to Rethink Strategies as Interest Rate Cuts Loom
Bond investors are being urged to reconsider their strategies as projections grow regarding a potential interest…
Dangote: $23bn Refinery Project Was the Biggest Risk of My Life
Billionaire Aliko Dangote has shared that his $23 billion Dangote Refinery project was the biggest risk of his…
FG Advocates for Equitable Visa Policies to Boost Nigeria’s Global Trade Expansion
The Nigerian government is advocating for more relaxed and equitable visa policies to support Nigerian businesses…
NGX Sees Significant Surge in Equity Transactions, Reaching N5.59 Trillion in 2024
The Nigerian Exchange Limited (NGX) reported a remarkable surge in equity transactions for 2024, with the total…
Increased Oil Production Key to Tackling Inflation and FX Volatility, Says Agusto…
Agusto & Co., a Pan-African credit rating agency, has stressed the importance of increased crude oil…
Nigerian Equity Market Records N1.83tn Gain in One Week
The Nigerian equity market achieved a significant gain of N1.83 trillion last week, with the All-Share Index (ASI)…
UK Economy Shows Unexpected Growth in Q4 2024, But Outlook for 2025 Remains…
The UK economy surprised many by growing 0.1% in the final quarter of 2024, defying expectations of a 0.1%…
Nigerian Stock Market Hits N67 Trillion as VFDGROUP and IKEJAHOTEL Lead Gains
The Nigerian stock market closed on a high note on February 12, 2025, with the All-Share Index (ASI) rising by…
Strengthening Nigeria’s Role in BRICS for Economic Growth and Investment
Nigeria's partnership with BRICS (Brazil, Russia, India, China, and South Africa) is seen as a game-changing…
Tinubu Hails $50M IFC Investment in Lagos Free Zone
President Bola Tinubu expressed his appreciation for the International Finance Corporation's (IFC) $50 million…
Vietnam to Raise 2025 GDP Growth Target to 8% Amid Global Trade Risks and U.S.…
Vietnam is set to revise its 2025 GDP growth target upwards, now aiming for at least 8% compared to the previous…
Foreign Portfolio Investments in Nigeria Surge 126.8% in 2024
Foreign Portfolio Investments (FPIs) into Nigeria's stock market saw a remarkable increase of 126.8% in 2024,…
Nigerian Equity Market Maintains Bullish Momentum with N426bn Gain
The Nigerian equity market continued its positive trajectory on February 12, 2025, with investors gaining N426…
Senate Proposes N10bn for Capital Market Awareness to Boost Investor Participation
In a recent proposal, the Nigerian Senate suggested allocating N10bn to fund investor education in the capital…
NAICOM’s Reform Plans to Strengthen Nigeria’s $1 Trillion Economy
The Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin,…
VP Shettima Launches Committee to Drive Nigeria’s Trillion-Dollar Economic…
Vice President Kashim Shettima recently inaugurated the Presidential Committee on Economic and Financial Inclusion…