The NASD Over-the-Counter (OTC) Securities Exchange sustained its positive momentum, recording gains for the fourth consecutive trading session as investor sentiment remained mildly upbeat in the unlisted securities market. Market …
INVESTMENT
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BusinessCapital MarketCompaniesFinancial MarketsINVESTMENTNigerian Economy
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Asia-PacificBusinessCommoditiesGlobal MarketsINVESTMENT
Gold Prices Gain in Asia Amid Global Market Caution
Global financial markets opened the new year on a mixed but largely positive note, with investors across Asia turning to safe-haven assets such as gold and silver, while equities in …
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African EconomyBankingFinanceInternational BusinessINVESTMENT
Ethiopia Banking Reform: Standard Bank Gets First Foreign Approval
Standard Bank has recorded a major milestone in Ethiopia after its Representative Office in the country became the first foreign financial institution to be re-licensed under Ethiopia’s newly revised Banking …
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BusinessCapital MarketEconomyFinancial ServicesINVESTMENT
NGX Posts Sharp Rise in Share Transactions
by Radarr Adminby Radarr AdminNigerian Exchange (NGX) Limited recorded a strong increase in trading activities last week, as investor participation rose sharply following the resumption of normal market sessions after the festive holidays. The …
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BusinessBusiness InsightsCapital MarketFinanceINVESTMENTWestern Africa
Strong Shareholder Confidence Pushes Presco Rights Issue to 103%
by Radarr Adminby Radarr AdminPresco Plc has successfully completed its recent rights issue, recording a strong subscription level of 103 per cent, a development that points to growing confidence among shareholders in the company’s …
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Africa EconomyBusinessFinancial MarketsINVESTMENTTelecommunications
Vodacom Moves to Take Control of Safaricom in $2.1 Billion Deal as Kenya Sells Stake
by Radarr Adminby Radarr AdminSouth Africa’s biggest mobile operator, Vodacom Group, has announced a major step to increase its presence in Africa with a plan to take control of Safaricom, East Africa’s largest telecoms …
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BankingFinancial MarketsINVESTMENTSouth Africa Economy
Nedbank Finalises Major Revamp and Eyes Digital Growth with iKhokha Deal
by Radarr Adminby Radarr AdminNedbank says it has completed its major restructuring plan for the organisation, but the South African banking group warned that its performance for 2025 will likely remain weak. The update …
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BusinessEastern AfricaFinanceINVESTMENTTechnologyTelecommunications
MTN Uganda Raises Second Interim Dividend by 40%, Signals Confidence in Growth
by Radarr Adminby Radarr AdminMTN Uganda Limited has declared a second interim dividend of Shs 10.5 per share, marking a 40 percent increase from the previous payment. The company said the move was supported …
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BankingBusinessEconomyFinanceINVESTMENTMonetary Policy
Nigerian Banks Earn Over N14.7tn in Nine Months as High-Interest Rates Boost Sector Growth
Nigeria’s biggest banks have continued to enjoy massive earnings in 2025 as nine major financial institutions raked in a total of N14.72 trillion in interest income during the first nine …
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BusinessDevelopmentEconomyFinanceINVESTMENTRegulation
SEC Says Nigeria’s Non-Interest Capital Market Hits N1.6tn as Investors Embrace Ethical Finance
Nigeria’s non-interest capital market has grown to over N1.6 trillion, reflecting rising investor confidence and expanding participation in ethical and non-interest finance, according to the Securities and Exchange Commission (SEC). …