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investment
Nigeria’s Banking Sector Attracts $3.1bn as Capital Inflows Surge, Manufacturing…
Capital importation into Nigeria jumped to $5.64 billion in the first quarter of 2025, marking a 67.12% increase!-->…
FCMB Group Reports N79.3bn Half-Year Profit in 2025, Driven by Strong Digital…
FCMB Group Plc has reported a profit before tax of N79.3 billion for the first half of 2025, marking!-->…
Investor Caution Slashes July FX Inflows by 21% Amid Global, Local Uncertainty
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) fell by 20.9% in July 2025 to $3.83!-->…
Ghana’s T-Bill Auction Oversubscribed by 42% as Investors Rush to Lock in Yields
Ghana’s latest Treasury bill (T-bill) auction has recorded a significant oversubscription, with investor demand!-->…
IMF Upgrades Nigeria’s 2025 Growth Forecast Amid Easing Inflation, Currency…
The International Monetary Fund (IMF) has revised its 2025 economic growth forecast for Nigeria upward, projecting!-->…
Forex Inflows Drop 20.9% in July Despite Market Optimism, Naira Shows Modest Gains
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) declined sharply by 20.9% in July 2025,!-->…
DMO Opens August 2025 FGN Savings Bonds with Up to 15.4% Interest Amid Declining…
The Debt Management Office (DMO) has announced the opening of the August 2025 Federal Government of Nigeria (FGN)!-->…
FBNQuest Forecasts 3.4% GDP Growth for Nigeria in 2025, Naira to Weaken to…
Analysts at FBNQuest Merchant Bank project that Nigeria’s economy will maintain its recovery in 2025, with real!-->…
Africa Creative Market 2025 to Drive Export Growth and Global Investment
The Africa Creative Market (ACM) has announced that its 2025 edition will be centered on expanding Africa’s!-->…
Meta to Invest $72 Billion in 2025 Amid AI Infrastructure Boom
Meta Platforms Inc. announced it will increase its capital expenditure to as much as $72 billion in 2025, driven!-->…
FCMB Group Reports ₦79.3 Billion Profit Before Tax in H1 2025
FCMB Group Plc posted a profit before tax (PBT) of ₦79.3 billion for the first half of 2025, representing a 23%!-->…
Bank of Ghana to Relaunch Gold Coin Under “Cedi@60” to Boost Gold Ownership and…
As part of the "Cedi@60" commemorative program, the Bank of Ghana (BoG) has announced plans to relaunch the Ghana!-->…
Tinubu’s $1 Trillion Economic Goal Hinges on Support for Local Industry —…
President Bola Tinubu’s vision to transform Nigeria into a $1 trillion economy by 2030 has been described as bold!-->…
Naira Slightly Weakens Amid Summer Dollar Demand Surge, But Outlook Remains Stable
The naira experienced a minor depreciation across both official and parallel foreign exchange markets on!-->…
Nigeria’s Pension Assets Surge to N24.63 Trillion in June 2025 Amid Strong…
Nigeria’s pension fund assets reached a historic N24.63 trillion in June 2025, representing a 2.17% increase from!-->…
Yahoo Mail introduces $1.99/month 100GB plan
Yahoo Mail has announced a significant change to its storage policy, reducing the free email storage allowance!-->…
Naira Strengthens Amid Forex Oversupply and Security Clampdown — CBN Policies,…
Currency traders have cited a significant oversupply of dollars in the Nigerian forex market, combined with the!-->…
Investor Confidence and High Yields Drive N4.67 Trillion in FGN Bond Subscriptions…
In the first seven months of 2025, the Federal Government of Nigeria (FGN) bonds drew an impressive N4.67 trillion!-->…
Cedi Surges 40.7% Against Dollar in 2025, Driven by Strong Fundamentals and…
The Ghanaian cedi has posted a remarkable recovery in 2025, appreciating by 40.7% against the US dollar within the!-->…
Asian Markets Waver Ahead of Fed Decision and U.S. Tariff Deadline
Asian markets were mixed on Wednesday as investors digested the lack of progress in U.S.-China trade negotiations!-->…
FG Records Strong Investor Appetite in July Bond Auction, Allots N185.9 Billion…
The Federal Government of Nigeria, through the Debt Management Office (DMO), successfully raised N185.9 billion in!-->…
Manufacturers Urge CBN to Cut Interest Rates Amid Inflation Crisis
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to cut interest rates,!-->…
NGX Gains ₦400bn as Investor Optimism Boosts Trading Activity
The Nigerian Exchange Limited (NGX) kicked off the trading week on a bullish trajectory, gaining ₦400 billion in!-->…
NGX Market Capitalisation Surges to ₦85.5tn on Investor Optimism and Strong Q2…
The Nigerian Exchange Limited (NGX) experienced significant growth in the first half of 2025, with its market!-->…
Chams Corporation Reports 42% Revenue Surge and Strategic Restructuring for…
Chams Holding Company PLC announced a 42% increase in revenue, reaching ₦14.93 billion for the financial year!-->…
Nigerian Stock Market Surges by N1.81 Trillion in One Week Amid Earnings Season…
The Nigerian stock market maintained its bullish run last week, appreciating by N1.81 trillion as investors!-->…
Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor…
Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally!-->…
NGX Records Sharp Decline in Trade Volume Amid Price Rally
The Nigerian equities market experienced one of its steepest drops in trading volume last week, falling nearly 79!-->…
CBN Injects $81m into FX Market as Naira Faces Pressure, But Outlook Turns…
The Central Bank of Nigeria (CBN) injected $81 million into the Bureau De Change (BDC) segment of the foreign!-->…
Replicate Naira-for-Crude Success Across Sectors, Says Dangote
Aliko Dangote has called on the Federal Government to expand the Naira-for-Crude policy beyond oil, hailing the!-->…