The National Pension Commission (PenCom) has disclosed that a total of ₦5.51 trillion from Nigeria’s pension funds has been invested into key sectors of the economy to support long-term development …
INVESTMENT
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EconomyFinance & ServicesGOVERNMENTINVESTMENT
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BusinessEconomyFinance & ServicesINVESTMENTPolicies
OPS urges reduced interest rates to boost growth
The Organised Private Sector (OPS) has urged the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) from its current 27.50 per cent to encourage economic growth. …
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BusinessEconomyINVESTMENTTechnology
World Bank backs Africa digital data push with $100 million Raxio deal
The World Bank’s private investment arm is making a major push into Africa’s digital economy with a $100 million investment in regional data centre developer and operator Raxio Group. This …
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BusinessDevelopmentEnergyINVESTMENT
African energy: Opportunities and challenges presented by Russia’s investments
Africa’s energy sector is drawing attention from powerful global players, with Russia positioning itself as a key partner. The continent, rich in oil, gas, and other natural resources, stands at …
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BusinessEconomyFinance & ServicesINVESTMENTTechnology
Africa venture ecosystem records 22% drop in deal volume
The sixth annual Venture Capital Activity in Africa report has revealed that Africa’s venture ecosystem experienced a 22% decline in deal volume and a 28% drop in deal value in …
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DevelopmentEconomyINVESTMENTINVESTMENT
Nigeria and OECD Strengthen Partnership to Enhance Economic Reforms and Investment Opportunities
Nigeria is set to strengthen its economic partnerships with the Organisation for Economic Co-operation and Development (OECD) as part of a broader strategy to drive essential economic reforms and attract …
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EconomyFinance & ServicesINVESTMENTINVESTMENT
Nigeria’s Eurobond Market Faces Pressure Amidst U.S. Fed’s Steady Rates
The yields on Nigerian Eurobonds experienced an uptick last week as foreign investors adjusted their portfolios in response to the U.S. Federal Reserve’s decision to maintain its current interest rates. …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeria
CBN Approves Greenwich Trust Limited’s Transition to Holding Company Structure
The Central Bank of Nigeria (CBN) has officially approved Greenwich Trust Limited’s transformation into a holding company structure, now operating under the name Greenwich Holdings Limited. This approval marks a …
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BusinessBusiness and EconomyBusiness PoliciesEgyptINVESTMENTNorth Africa
Egyptian Business Landscape Shifts as Reforms Drive Foreign Investment and Market Growth
Egypt’s economic reforms are gaining traction as the country intensifies efforts to attract foreign direct investment and stabilize its financial ecosystem. The Central Bank’s currency adjustments, along with government-driven manufacturing …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyINVESTMENTINVESTMENTNigeria
Afriq Arbitrage Systems Dive into Enhanced User Opportunities, Unveils New AAS Token
Afriq Arbitrage Systems, within the investment landscape, has strategically realigned its position with the introduction of the AAS token, an innovative global coin poised to redefine the investment journey for …