UK Pledges £15m to Boost Nigeria’s Economy
The United Kingdom has announced a £15 million Growth Programme for Nigeria, a strategic initiative aimed at accelerating economic reforms,…
Category: investment
New Nigeria Festival Targets $1 Trillion Economy Ambition with Innovation and Investment Drive
Nigeria is set to take a bold step toward its long-term economic ambitions with the launch of the New Nigeria…
Top 10 Best Performing Money Market Funds in Nigeria Deliver Over 20% Returns in 2026
Nigeria’s money market fund sector continues to attract investors seeking safety, liquidity, and attractive returns, with the segment’s net asset…
United Capital Secures Investment Banking Licences in Ethiopia and Rwanda, Expanding East Africa Footprint
United Capital Plc has taken a bold step in its continental expansion strategy after securing investment banking licences in Ethiopia…
Tinubu’s Nigeria Sees $10bn Capital Inflow, But Investors Prefer Lending Over Long-Term Investment
Nigeria’s capital inflows have hit a new record under President Bola Tinubu, with $10 billion entering the country in the…
Foreign capital inflows into manufacturing sector drop by 50.7% in Q1
Nigeria’s manufacturing sector has suffered a steep setback in attracting foreign investment, with capital inflows plunging by 50.7% in Q1…
United Capital Secures Landmark Investment Banking License in Ethiopia
Nigeria’s United Capital Group has made a major breakthrough in East Africa after securing approval to operate investment banking services…
Nigerian Stock Market Sheds N4.9trn as Profit-Taking Reverses Bullish Run | NGX Decline Hits Investors
The Nigerian stock market experienced a sharp reversal last week as investors on the Nigerian Exchange Limited (NGX) collectively lost…
Equities market succumbing to rising risk, loses nearly N5tr in one week
Nigeria’s equities market suffered one of its steepest weekly declines in recent years, with investors losing nearly N5 trillion in…
Foreign Investment in Nigeria’s Trade Sector Jumps 91% to $65.8m Amid Rising Investor Confidence
Nigeria’s trade sector recorded a significant boost in foreign capital inflows in the first quarter of 2026, attracting $65.79 million…
Naira Undervalued by 13% Despite FX Reforms, Says Rewane as Economic Fundamentals Improve
Nigeria’s currency may be performing better than many expected, but leading economist Bismarck Rewane believes the naira is still trading…
Foreign Capital in Telecoms Falls to Four-Year Low Despite Tariff Hike
Nigeria’s telecommunications sector has recorded its weakest foreign investment inflow in four years, with capital importation dropping sharply to $7.24…
Tinubu, African Leaders Seek Stronger Global Investment Partnerships at London Stock Exchange
President Bola Tinubu has joined fellow African leaders in calling for stronger partnerships with global financial institutions, stressing that deeper…
Foreign Capital Inflows Surge 84% to $10.37 Billion as Investors Flock to Nigerian Assets in Q1 2026
Nigeria witnessed a significant boost in foreign capital inflows during the first quarter of 2026, attracting a total of $10.37…
ETF Turnover Falls to N3.67 Billion as Investor Activity Slows Despite Broad Market Gains
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) experienced a slight slowdown in trading activity in May 2026,…
DMO Opens June 2026 FGN Savings Bond at 14.777% Interest as Nigeria Raises Investor Returns
The Debt Management Office (DMO) has officially opened subscription for the June 2026 FGN Savings Bond, offering Nigerians another chance…
VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost
VFD Group has announced plans to deepen its footprint across Africa as it pursues a carefully structured expansion strategy aimed…
NGX ETF Turnover Drops 31% to N815.90m as Investor Activity Weakens Across Major Funds
Trading activity on the Nigerian Exchange (NGX) Exchange Traded Fund (ETF) segment slowed sharply in the week ended May 22,…
Nigeria, Turkey Seal Mining Partnership to Boost Investment and Solid Minerals Development
Nigeria has taken another step toward attracting foreign investment into its mining industry after signing a landmark memorandum of understanding…
NGX Weekly Trade Value Falls 50% to N161.8bn as Investors Turn Cautious
Investor activity on the Nigerian Exchange (NGX) slowed sharply last week as the total value of shares traded dropped by…
Chinese Investors May Acquire 51% Stake in Port Harcourt and Warri Refineries as Nigeria Eyes NLNG-Style Deal
Nigeria is considering a major shift in its downstream oil sector that could see Chinese investors take a controlling 51…
African Marketplace 2026 Heads to Dubai to Attract Global Investors and Showcase Afro-Caribbean Excellence
African Marketplace is set to return in a bigger and more ambitious edition in 2026, with organisers confirming Dubai as…
Asia-Pacific Markets Rally as Investors Weigh U.S.-Iran Peace Deal Prospects
Asia-Pacific stock markets ended Friday on a strong note as investors reacted positively to ongoing diplomatic efforts between the United…
One Market, One Future: Reframing Africa’s Economic Potential
Africa’s economic future may depend less on the strength of individual countries and more on the continent’s ability to operate…
Seplat Energy Targets $1bn Dividend Payout as Production Goal Hits 200,000 Barrels Per Day
Seplat Energy has set an ambitious goal to reward its shareholders with a $1 billion dividend payout within the next…
NGX Market Capitalisation Drops by N1.6 Trillion as Blue-Chip Selloff Hits Nigerian Stock Market
The Nigerian equities market ended trading on a negative note as investors pulled out of major stocks, wiping out about…
South African Pension Fund Targets Dangote Refinery IPO as African Investors Eye Energy Mega-Project
African institutional investors are showing strong interest in the upcoming Dangote Refinery IPO, as representatives of South Africa’s Government Employees…
SEC T+1 Settlement Cycle Nigeria: SEC Sets June 1, 2026 for Capital Market Transition
The Securities and Exchange Commission (Nigeria) has announced a major shift in the country’s capital market structure, confirming that Nigeria…
European Stocks Slip as Bond Yield Surge, Inflation Data Weigh on Investor Sentiment
European stock markets opened in negative territory on Wednesday as investors grappled with rising global bond yields, fresh inflation data…
South African Investors Set Sights on Dangote Refinery as Africa’s Industrial Future Gains Momentum
Africa’s largest industrial project may soon attract significant South African capital as leading pension and investment institutions expressed strong interest…