The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange paid a total of ₦1.1 trillion in dividends to shareholders in 2024, with ₦1.0 trillion …
INVESTMENT
-
BusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
-
BusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and Commerce
World Bank Flags Nigeria’s Weak FDI Performance as Afreximbank Pushes for African-Led Investment
Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
-
EconomyEnergyINVESTMENTMarketsNigeriaPolicies
NGX Ends Bullish Streak as Investors Lose N202 Billion After CBN Holds Interest Rate
The Nigerian Exchange Limited (NGX) closed last week on a bearish note, breaking its four-week bullish streak, as investors’ wealth declined by N202 billion. This downturn followed the Central Bank …
-
AfricaBanking, Finance & InvestmentFinance & ServicesINVESTMENTINVESTMENTMarkets
Standard Chartered Launches Global Campaign to Attract Affluent Investors, Emphasises Urgency in Wealth Planning
Standard Chartered Bank Limited has unveiled a new global marketing initiative tagged “Now’s Your Time for Wealth,” aimed at inspiring affluent clients to take decisive steps toward growing, protecting, and …
-
EconomyINVESTMENTPoliciesSouth AfricaTelecommunications
South Africa Proposes New Policy to Ease Black Ownership Rules, Opening Door for Starlink and Others
South Africa’s government is set to change the rules for foreign communications companies, potentially allowing firms like Elon Musk’s Starlink to operate more freely in the country. The new draft …
-
AfricaAgricultureEconomyFinance & ServicesINVESTMENTPoliciesZAMBIA
Zambia Keeps Interest Rate Steady at 14.5% as Inflation Forecast Improves
Zambia’s Central Bank has decided to keep its main interest rate unchanged at 14.50 percent. This decision comes after two recent hikes in the rate aimed at controlling high inflation …
-
DevelopmentEconomyEntrepreneurshipInfrastructureInnovationINVESTMENTPoliciesTechnologyTrade and Commerce
Africa Rallies Around Digital Trade at Inaugural AfCFTA Digital Trade Forum in Lusaka
The Inaugural AfCFTA Digital Trade Forum, held from May 8–10, 2025, in Lusaka, Zambia, has set the stage for the continent’s operational phase of a unified digital single market, with …
-
AfricaBusinessEconomyFinance & ServicesInnovationInsuranceINVESTMENTNigeria
Sanlam and Allianz Set to Finalize Merger in Nigeria, Reshaping Insurance Landscape
Two of the most prominent players in global and African insurance and financial services, Sanlam and Allianz, appear poised to complete the anticipated merger of their operations in Nigeria, marking …
-
BusinessEconomyFinance & ServicesInsuranceINVESTMENTNewsNigeria
AM Best Assigns “B+” Credit Rating to Linkage Assurance Plc, Outlook Stable
Linkage Assurance Plc, a key player in Nigeria’s non-life insurance sector, has received a Long-Term Issuer Credit Rating (ICR) of “B+” (Good) from AM Best, a renowned global credit rating …
-
AgricultureBusinessEconomyInfrastructureINVESTMENTManufacturingTrade and Commerce
Dangote Group Partners with Niger State to Boost Rice Production, Launches Multi-Billion Naira Rice Mill Project
The Dangote Group has launched a multi-billion naira agricultural partnership with the Niger State Government, marking a significant step towards enhancing rice production and securing food self-sufficiency in Nigeria. Announced …