The World Bank has revised its economic growth forecast for Kenya down to 4.5% for 2025, cutting half a percentage point from its earlier projection. The global lender cited rising …
Finance & Services
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesGOVERNMENTKenyaKenyan News
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AfricaBusinessDevelopmentEventsFinance & ServicesINVESTMENT
NSIA to Host Over 15 African Sovereign Wealth Funds and Global Investors in Abuja for ASIF 2025
The Nigeria Sovereign Investment Authority (NSIA) is preparing to host over 15 African sovereign wealth funds and top global investment leaders at the Africa Sovereign Investors Forum (ASIF) 2025, which …
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EconomyFinance & ServicesINVESTMENTMarketsPoliticsSecurity
Shareholders Hail Tinubu’s Economic Reforms, Urge Sustained Action as Administration Clocks Two Years
Shareholders under the Association for the Advancement of Rights of Nigerian Shareholders (AARNS) have commended President Bola Ahmed Tinubu for implementing what they described as bold and necessary economic reforms …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTMarketsNigeria
Fidelity Bank Denies Insider Trading Allegation Against MD/CEO Nneka Onyeali-Ikpe, Calls Report False and Malicious
Fidelity Bank Plc has strongly refuted a recent report alleging that its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, was involved in insider trading and used bank funds …
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Banking, Finance & InvestmentEconomyFinance & ServicesNigeriaStanbic IBTC
Win Big! Stanbic IBTC’s N130M Reward4Saving Promo Returns
Stanbic IBTC Bank has relaunched its highly anticipated Reward4Saving Season 4 Promo, offering over ₦130 million in cash prizes to loyal savers over the next 12 months. This customer-focused campaign …
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Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesINVESTMENTMarkets
Nigerian Stock Market Loses N197bn as Investors Take Profit and Sentiment Weakens
The Nigerian Exchange Limited (NGX) closed last week with a bearish performance, as the equities market lost N197 billion in market capitalisation. This followed weak investor sentiment and profit-taking activities …
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AfricaBusinessEconomyFinance & ServicesInnovationMarketsNigeria
Nigeria’s X3M Ideas Breaks Barriers, Ranks 31st on Financial Times’ 2025 List of Africa’s Fastest-Growing Companies
Nigerian creative powerhouse X3M Ideas has earned a coveted spot on the Financial Times of London’s prestigious 2025 list of Africa’s Fastest-Growing Companies, emerging 31st among 130 top-performing firms across …
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EconomyFinance & ServicesInfrastructureINVESTMENTNigeria
First Asset Management unveils N100bn infrastructure fund
First Asset Management, a top investment company and a part of First HoldCo Plc, has launched a N100 billion infrastructure fund aimed at boosting critical infrastructure projects across Nigeria. The …
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AgricultureDevelopmentEastern AfricaFinance & ServicesRwanda
Access to Finance Rwanda Staff Visit Rukumberi Genocide Memorial, Donate Cows to Survivors
Access to Finance Rwanda (AFR) has honoured victims of the 1994 Genocide against the Tutsi during a memorial event held at Rukumberi in Ngoma District, Eastern Rwanda. The organisation also …
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Banking, Finance & InvestmentEconomyFinance & ServicesMarketsNigeriaSecurity
CBN Records N1.21tn Subscription at Latest T-Bills Auction Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) has recorded a significant rise in investor interest at its most recent treasury bills auction, with total bids hitting N1.21 trillion, despite slightly reducing …