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 …
INVESTMENT
-
BusinessCapital MarketEconomyFinanceINVESTMENTStock Market
-
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 …
-
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 …
-
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. …
-
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 …
-
Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
Senegal’s Bonds Drop as Moody’s Downgrades Credit Rating Over Debt Concerns
Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
-
BusinessEconomyGlobal DevelopmentInfrastructureINVESTMENTTechnology
Google to Invest $15 Billion in Building Massive AI Hub in Southern India
Google has announced a major $15 billion investment plan to build a new data centre hub dedicated to artificial intelligence (AI) development in southern India. The project, which will be …
-
African DevelopmentChina-Africa RelationsDiplomacyGender EqualityGovernanceINVESTMENT
Mahama Arrives China for State Visit, to Attend Global Women Leaders’ Meeting
President John Dramani Mahama of Ghana and his wife, First Lady Mrs Lordina Mahama, have arrived in Beijing, China, for a state visit at the invitation of Chinese President Xi …
-
AfricaFinanceInnovationINVESTMENTStartupsTechnology
African Startups Near 2024 Record with $2.2bn Raised So Far in 2025
African startups are on track to surpass their total fundraising record from last year, having already secured more than $2.2 billion in 2025, excluding exits. This was revealed in the …
-
BusinessCapital MarketEconomyFinanceINVESTMENTNigeria
NGX extends rally as investors gain ₦786bn amid strong performance in Seplat
Investors in the Nigerian Exchange Limited (NGX) kicked off the week on a positive note as bullish trading on Monday lifted the market capitalisation by ₦786bn to close at ₦91.9tn, …