Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
Banking, Finance & Investment
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BankingCapital MarketEconomyFinanceINVESTMENT
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Capital MarketEconomyFinanceGOVERNMENTINVESTMENT
FG, Corporates Raise N3.4 Trillion on NGX in Eight Months
The Federal Government of Nigeria (FGN) and some corporate organisations have raised more than N3.4 trillion through the Nigerian Exchange (NGX) between January and August 2025. This was disclosed in …
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AfricaBankingBusinessEconomyFinanceINVESTMENT
Zenith Bank Plans Major Expansion into Côte d’Ivoire and Francophone Africa After N614.65bn Capital Raise
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
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AwardsBankingBusinessFinanceINVESTMENTTechnology
CardinalStone Group Shines at 2025 BAFI Awards with Dual Wins
CardinalStone Group has won two major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, further solidifying its reputation as one of Nigeria’s most innovative and trusted …
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AfricaBusinessDebt Management,FinanceImmigrationINVESTMENT
Optiva Capital Reaffirms Leadership in Global Migration and Investment Immigration Industry
Optiva Capital Partners has restated its leadership in the global migration and investment immigration sector, positioning itself as a key bridge between African investors and international opportunities. Speaking during a …
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BusinessCapital MarketEconomyFinanceINVESTMENTStock Market
NGX Closes Slightly Positive as Investors Trade Cautiously Amid Q3 Earnings Season
Trading on the Nigerian Exchange (NGX) closed on a mildly positive note on Wednesday as investors slowed down on bargain hunting despite the continued release of third-quarter (Q3) corporate earnings …
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Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENT
Investor Confidence Weakens as Nigeria’s Eurobond Yields Rise Ahead of $1.1bn Repayment
Nigeria’s Eurobond market experienced a dip in investor confidence this week as yields climbed by 10 basis points to 8.27 per cent, signalling renewed caution among investors ahead of the …
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Corporate EarningsEnergyInfrastructureINVESTMENTNigeriaOil & Gas
Shell Approves $2 Billion HI Gas Project to Boost Nigeria’s LNG Exports and Energy Supply
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a Final Investment Decision (FID) on the $2 billion HI gas project offshore Nigeria. The …
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BusinessCommoditiesEconomyFinanceINVESTMENTMiningSouth Africa
South African Rand Falls as Investors Await Key Economic Data
The South African rand weakened in early trading on Tuesday as investors awaited the release of key domestic economic indicators that could provide fresh insight into the country’s financial outlook. …
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AfricaCryptocurrencyEconomyFinanceInnovationINVESTMENTLawTechnology
Kenya Passes Landmark Bill to Regulate Cryptocurrencies and Digital Assets
Kenyan lawmakers have approved a new bill to regulate digital assets such as cryptocurrencies, marking a major step towards providing legal clarity for the country’s growing financial technology sector. The …