The Nigerian stock market started the week with a positive push, as the Nigerian Exchange Limited (NGX) recorded a significant boost on Monday, July 7, 2025. The All-Share Index (ASI) …
INVESTMENT
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Banking, Finance & InvestmentEconomyInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeria
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ECP Kenya Limited, a Nairobi-based investment firm affiliated with Washington-headquartered Emerging Capital Partners (ECP), has filed for voluntary liquidation, officially ending its operations in Kenya. The company, once famous for …
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Jumia Technologies, one of Africa’s most well-known e-commerce companies, is reportedly attracting acquisition interest from Mauritius-based telecom and fintech giant, Axian Telecom, as the online retailer struggles with deepening financial …
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Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTNigeriaPolicies
Foreign Investor Backs Nigeria’s Economic Reforms as IMF, CBN Hail Progress
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …
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EconomyFinance & ServicesInsuranceINVESTMENTMarketsNigeria
Royal Exchange Posts N496.8m Profit Amid Lower Earnings
Royal Exchange Plc, a key player in Nigeria’s insurance and financial services sector, has reported a profit after tax of N496.8 million for the financial year ended March 31, 2025. …
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Banking, Finance & InvestmentFinance & ServicesINVESTMENTNigeria
Jaiz Bank Doubles Profit to N23.48bn in 2024
Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has recorded an impressive financial performance for the year ended December 31, 2024, posting a 109 per cent increase in its profit after …
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BusinessEconomyEducationFinance & ServicesINVESTMENTMarketsNigeria
United Capital Hosts Investment Forum to Push Financial Literacy and Inclusive Wealth Building
United Capital Asset Management, a subsidiary of United Capital Plc, one of Africa’s leading investment banking and financial services groups, has held the second edition of its flagship Investment Forum. …
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AfricaGOVERNMENTInternational RelationsINVESTMENTPoliciesPoliticsTrade and Commerce
Trump Invites Five African Presidents to Washington, Snubs Nigeria
United States President Donald Trump is set to host the leaders of five African countries at the White House next week for high-level discussions on trade and investment, but Africa’s …
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BusinessBusiness PoliciesEconomyEnergyINVESTMENTNigeriaOil & GasPolicies
Bureaucracy, Regulatory Hurdles Threaten Investment in Nigeria’s Oil and Gas Sector – Neconde Energy
The Nigerian oil and gas industry is battling serious investment and operational setbacks caused by excessive bureaucracy and a complex regulatory framework, according to Neconde Energy Limited, one of the …
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BusinessEconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & LogisiticsWestern Africa
Clarion Shipping Unveils Nigeria’s First Indigenous Containership
In a major step towards improving cargo movement within Nigeria and across West Africa, Clarion Shipping West Africa Limited has launched the country’s first indigenous containership, MV Ocean Dragon. The …