Senator Jimoh Ibrahim Advocates Borrowing for Economic Growth, Defends COP28…
Senator Jimoh Ibrahim, representing Ondo South in the Nigerian Senate, has reaffirmed his stance that the…
NGX Trading Report: Market Records Turbulent Start, N259 Billion Loss
The Nigerian Stock Exchange (NGX) witnessed a turbulent start to the week as the All-Share Index declined by…
Julius Berger Officially Hands Over Second Niger Bridge to Nigerian Government
Construction giant Julius Berger has officially handed over the completed Second Niger Bridge to the Nigerian…
Prof. Benedict Oramah Named FORBES AFRICA Person of the Year 2023
Prof. Benedict Oramah, the President of the African Export-Import Bank (Afreximbank), has been named FORBES AFRICA…
Nigerian Exchange Lists Additional 398 Million McNichols Consolidated Shares
The Nigerian Exchange Limited (NGX) has listed an additional 398 million ordinary shares of McNichols…
Gold Hits Record Highs, Bitcoin Surpasses $41K in Year-End Rally
As markets enter the last month of the year, gold has reached record highs, trading at $2,100, while Bitcoin…
Allied Climate Partners Launched by World Bank and Charities to Generate $11…
The World Bank's private investment arm has collaborated with major charities to launch the Allied Climate…
ARCH Cold Chain Solutions East Africa Fund: Transforming Cold Chain Logistics…
Overview: ARCH Cold Chain Solutions East Africa Fund is pioneering the development of a comprehensive Cold Chain…
South African Billionaire Family Acquires Controlling Stake in GZ Industries,…
Overview: South African billionaire family, the Oppenheimers, particularly Jonathan Oppenheimer, has secured a…
United Gulf Financial Services North Africa (UGFS) Completes First Closing of D100…
Overview: United Gulf Financial Services North Africa (UGFS) has successfully completed the first closing of its…
BluePeak Private Capital Invests USD 20 Million in Prime Logistics for Sustainable…
BluePeak Private Capital, an alternative asset management firm, has announced its first ESG-linked investment – a…
Pan African Towers Secures Strategic Investment from DPI and Verod Capital for…
Pan African Towers (PAT), a leading digital infrastructure company in Nigeria, has announced a strategic…
STANLIB Launches Khanyisa Energy Transition Fund to Raise $1 Billion for Green…
South African asset manager STANLIB has launched the Khanyisa Energy Transition Fund, aiming to attract $1 billion…
COP28 Delegates Launch Long-Awaited Climate Fund for Loss and Damage
Delegates at COP28 have made a surprising decision to launch a long-awaited fund to address damage from…
Robinhood Launches in the UK, Expanding Internationally After Over a Decade in the…
Robinhood, the stock-trading platform that gained popularity in the US, has officially launched in the UK, marking…
B54 Introduces Alternative Funding for African Startups with Digital Private Bank…
Lagos-based fintech B54 is addressing the funding challenges faced by startups in West Africa by providing an…
Russia’s Largest Oil and Gas Exporters Experience 41% Drop in Revenues
Russia's largest oil and gas exporters faced a significant challenge as their total revenues plummeted by 41%…
Nigerian Senate Threatens EFCC Involvement to Recover N135 Billion CBN Gas…
The Nigerian Senate has issued a threat to involve the Economic and Financial Crimes Commission (EFCC) in the…
Nigerian Ports Authority Emphasizes Compulsory Vessel Pilotage Regime to Boost…
Mohammed Bello-Koko, the Managing Director of the Nigerian Ports Authority (NPA), has highlighted the…
FirstBank Group Appoints Olukorede Adenewo as Managing Director of FirstBank UK
FirstBank Group has appointed Olukorede Adenewo as the Managing Director of FirstBank UK, effective from November…
Economic Challenges May Hinder Nigerian Insurance Sector’s Ambitious…
The Nigerian insurance sector's plans to generate a premium of N148.30 billion from third-party motor insurance…
Tribute Paid to Late Christopher Ogunbanjo for Contributions to Nigerian Capital…
A special tribute session and closing-gong ceremony were held at the Nigerian Exchange Limited (NGX) to honor the…
NGX Records Bullish Performance, Gains N51 Billion in Market Cap
The Nigerian Exchange Limited (NGX) continued its bullish trend, recording a 0.11% increase in the All-Share…
Nigerian Equities Market Rises by 0.11% Boosted by Top Advancers
The Nigerian equities market recorded a 0.11% increase, attributed to the positive performance of key advancers…
Nigeria Faces Challenges Meeting OPEC+ Oil Production Target, Independent…
Nigeria is encountering difficulties in meeting its oil production target set by OPEC+ for 2024, as revealed by…
SBG Securities Ceases Coverage on Sub-Saharan African Food Producers Amidst…
SBG Securities Research, a member of the Standard Bank Group, has announced that it will no longer provide…
Slowdown in Nigeria’s ICT Sector: Factors and Implications
Nigeria's Information and Communication Technology (ICT) sector, a key driver of economic growth for over five…
Surge in Pension Fund Transfers: Navigating Opportunities and Challenges
The Nigerian pension landscape has witnessed a significant shift as 178,164 contributors, managing a total of…
Nigeria’s 2024 Budget Deficit Challenges: Balancing Subsidy Removal Gains…
Despite the removal of fuel subsidies, Nigeria faces a historic budget deficit of N9.18 trillion in 2024,…
Equinor Sells Nigerian Business to Chappal Energies: A Shift in Oil and Gas…
Norwegian energy company Equinor has reached an agreement to sell its Nigerian business, including its stake in…