Turkey Targets $5 Billion Trade Goal with Nigeria, Aims for 500% Increase
Turkey has unveiled ambitious plans to increase its trade volume with Nigeria from the current $1 billion to $5 billion,…
Category: investment
Nigerian Exchange Rebounds with N540 Billion Market Cap Gain Amid Renewed Investor Optimism
The Nigerian Exchange (NGX) bounced back strongly on Monday, adding N539.98 billion to its market capitalization and reversing losses from…
SEC Approves N3.68 Trillion in New Market Issues Amid Strong Investor Confidence in 2024
The Securities and Exchange Commission (SEC) in Nigeria approved a total of N3.68 trillion in new market issues throughout 2024,…
Japan Plans to Cut Super-Long Bond Issuance to Ease Market Concerns
Japan’s Ministry of Finance (MOF) is considering reducing the issuance of super-long Japanese Government Bonds (JGBs) amid rising yields and…
Local Investors Dominate N2.7 Trillion Stock Deals in First Four Months of 2025
In the first four months of 2025, stock transactions on the Nigerian Exchange (NGX) totaled N2.714 trillion, a significant increase…
Tinubu at Two: Between Painful Reforms and Hopes of Economic Revival
In his first two years in office, President Bola Tinubu has embarked on a sweeping wave of economic reforms aimed…
Bank of Ghana Urges Businesses to Use Cedi to Sustain Currency Gains and Calls for Crypto Regulation
The Bank of Ghana has called on businesses operating within the country to conduct transactions in the local currency, the…
CBN Measures Steady the Naira, But Major Gains Remain Unlikely
The Nigerian naira is expected to remain relatively stable in the near term, supported by the Central Bank of Nigeria’s…
Breaking:Foreign Portfolio Inflows to Nigerian Stock Market Plunge 92% in April Amid Global Trade Uncertainty
Foreign portfolio investment into Nigeria’s equities market nosedived by 92.39% in April 2025, falling from N349.97 billion in March to…
Tinubu’s Mining Reforms Attract $800 Million and Spark Sector Boom — Alake
President Bola Tinubu’s mining reforms have significantly revitalized Nigeria’s solid minerals sector, leading to a sixfold revenue increase and attracting…
South Korean Stocks Lead Asia’s Gains as Trump Delays EU Tariffs; China, Hong Kong Struggle
South Korean stocks surged over 2% on Monday, outpacing other Asia-Pacific markets, following U.S. President Donald Trump’s decision to postpone…
NGX Turnover Surges to N74.8bn Despite ASI Dip and Mixed Sectoral Performance
The Nigerian Exchange (NGX) witnessed a strong rise in market activity last week, with turnover climbing by 17.3 per cent…
Tinubu at Two: Energy Sector Grapples with Persistent Challenges Amid Modest Progress
As President Bola Tinubu’s administration marks its two-year anniversary, Nigeria’s energy sector remains deeply entangled in both domestic and international…
CBN Holds Interest Rate to Curb Inflation, Spur Growth Amid Fragile Economic Gains
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to maintain the benchmark interest rate…
BREAKING: Otedola Invests N320bn in First Bank, Cites Tinubu and Cardoso’s Reforms as Key Drivers
Billionaire investor and Chairman of First Holdco Plc, Femi Otedola, has announced a landmark N320 billion personal investment in First…
Dangote: 52 Kobo of Every Naira in Local Investment Goes to Federal Government
At the 2025 Taraba International Investment Summit (TARAVEST) held in Jalingo, the Chairman of Dangote Group, Alhaji Aliko Dangote, emphasized…
Bitcoin Hits Record High Amid Improving Market Sentiment and Institutional Support
Bitcoin soared to an all-time high on Wednesday, surpassing January’s peak as investor confidence rebounded after last month’s market volatility…
Nigerian Stock Market Sheds N70 Billion Amid Sell Pressure in 27 Stocks
The Nigerian stock market experienced a downturn on Wednesday, with market capitalisation dropping by N70 billion. This decline was attributed…
NGX Loses N70bn as Market Reverses Gains Amid Mixed Investor Sentiment
The Nigerian Exchange (NGX) ended Wednesday’s trading session on a negative note, reversing the gains recorded a day earlier. Investors…
Nigerian Tech Startups Defy Economic Storms to Post Seven-Fold Growth
Despite facing one of the toughest economic periods in recent Nigerian history, seven tech companies have recorded a remarkable 621.53%…
UK Inflation Surges to 3.5% in April, Disrupting Interest Rate Cut Expectations
UK inflation surged unexpectedly in April, rising to 3.5% from 2.6% in March, the largest monthly jump since 2022. The…
“U.S. Economic Woes Rattle Consumers, But Nestlé Gains Ground, CEO Says”
Nestlé CEO Laurent Freixe has acknowledged that American consumers are feeling the strain of an economic slowdown, a situation intensified…
Mahama Urges Value Chain Investment for Inclusive Growth at Ghana-EU Forum
President John Dramani Mahama opened the 3rd Ghana-EU Business Forum in Accra with a strong call to action for donors,…
Cardoso: Stronger Naira Set to Boost Nigeria’s Non-Oil Exports and Attract Investment
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that recent monetary reforms have made the…
MPC Holds Interest Rate at 27.5% as CBN Seeks Fiscal Support for Naira Stability
The Central Bank of Nigeria (CBN), at its 300th Monetary Policy Committee (MPC) meeting, opted to retain the benchmark interest…
Nigerian Stocks Edge Up as MPC Maintains Policy Rates
Nigeria’s equities market posted a slight gain of 0.03% on Tuesday, equivalent to a N20 billion increase in market capitalization.…
CBN Faces Crucial Decision as Inflation Cools Amid Global Uncertainty
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today amid high anticipation from economists and investors, as…
Nigeria’s Digital Economy Surges with $191m FDI and $2bn Fibre Optic Rollout
Nigeria’s digital economy is experiencing unprecedented growth under President Bola Ahmed Tinubu, attracting $191 million in foreign direct investment (FDI)…
Wale Edun: Capital Market Crucial to Nigeria’s $1 Trillion Economy Vision by 2030
The Nigerian government has underscored the vital role of the capital market in achieving its ambitious goal of a $1…
Cautious Optimism in Ghana’s Bond Market as Secondary Trading Rises
Ghana’s bond market witnessed a notable surge in secondary trading activity last week, with the total value of trades increasing…