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investment
Guinea Insurance Targets N1.75bn Gross Premium Written in Q1 2025
Guinea Insurance has projected a gross premium written (GPW) of N1.75 billion for the first quarter of 2025,…
Investors Pick Kenya Over Nigeria As Startup Funding Falls To $2.2bn
In 2024, Kenya emerged as the top destination for startup funding in Africa, surpassing Nigeria for the second…
Bonds under pressure as stocks tumble amid UK gilt worries and US policy…
Global financial markets faced turbulence as bond yields soared and stocks fell, driven by concerns over rising…
Dollar Stable Amid Rising Yields and Hawkish Fed Minutes
The US dollar held steady on Thursday, supported by climbing Treasury yields and the Federal Reserve's hawkish…
European Stocks Dip as UK Retailers and Economic Data Take Center Stage
European stock markets edged lower on Thursday, weighed down by mixed economic data and corporate earnings.…
Asia FX weakens as hawkish Fed boosts dollar; yen rises on BOJ rate hike bets
Asian currencies faced pressure on Thursday as a stronger dollar gained momentum following hawkish Federal Reserve…
Micro Pension Plan Struggles to Gain Traction Despite Policy Efforts
Five years after its launch in 2019, Nigeria’s Micro Pension Plan (MPP) remains underwhelming in its adoption,…
MTN Nigeria and Transcorp Lead as Nigerian Stock Market Gains N507bn
Investors on the Nigerian Exchange witnessed a significant gain of N507 billion on Wednesday, with market…
Foreign inflows soar by 63.7% to $3.82bn in 9 months
Nigeria has witnessed a robust 63.7% growth in foreign inflows through international money transfer operators…
NGX lists Nigerian Breweries’ 20.7bn ordinary shares
Nigerian Breweries Plc has officially listed 20.7 billion newly allotted ordinary shares on the Nigerian Exchange…
Mutual Funds Surge to N3.75trn as Start-up Investments Plunge
Nigerian investors have significantly increased their interest in Mutual Funds, with the total Net Asset Value…
Foreign Investors’ Participation in Nigerian Stock Market Declines
Foreign investors' participation in the Nigerian stock market has waned, with outflows surpassing inflows by 12.2%…
Expert forecasts 63% growth in the service sector’s GDP contribution in 2025
Dr. Alban Igwe, a logistics expert and former Vice President of the Chartered Institute of Logistics and…
NGX launches equity-based commodity index, hints on rebalancing
The Nigerian Exchange Limited (NGX) has launched a new Equity-Based Commodity Index aimed at tracking the…
Banks’ Credit to Private Sector Hits N76 Trillion as CBN Tightens Loan-to-Deposit…
In November 2024, credit to the private sector in Nigeria surged by 27.3% year-on-year, reaching N75.96 trillion,…
Pension Sector Thrives Amid 2024 Economic Challenges
The Nigerian pension sector demonstrated resilience in 2024, accumulating assets worth N21.9 trillion and…
Rental income still low at 5% – Stakeholders
Rental income in Nigeria remains low, averaging between 3% and 5%, according to Olufemi Seyi, CEO of Casafina…
Microsoft plans to invest $80b in data centres
Microsoft has announced plans to allocate approximately $80 billion in fiscal 2025 to expand its data center…
Stocks Edge Higher Amid Political and Economic Uncertainty
Global stock markets showed mixed signals on Monday as investors faced a week filled with critical economic data…
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…