Foreign inflow to Nigeria’s equities market fell by 29.66 per cent in February 2025, dropping to N18.05bn from N25.66bn recorded in January.This decline in foreign inflow, alongside a drop in …
INVESTMENT
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Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
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BusinessBusiness and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
Nigerian stock market investor records N148bn gain to end week
Investors at the Nigerian stock market recorded N148 billion on Friday to end the week on a bullish trend.At the end of Friday’s trading, details showed that market capitalisation rose …
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EconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
NNPC Limited to Sell Shares in Landmark Move Towards Privatization
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …
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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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AfricaBusinessGOVERNMENTINVESTMENTNigeriaTrade and CommerceWestern Africa
Trade Ministry Calls Urgent Meeting Over FRCN Levy Dispute
The Federal Ministry of Industry, Trade and Investment has called an emergency meeting to address the growing concerns over a new levy introduced by the Financial Reporting Council of Nigeria …
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AgribusinessAgricultureBusinessBusiness and EconomyEconomyFood ProductionINVESTMENTNigeriaWestern Africa
Stakeholders Urge Government to Formulate Policies to Attract Agricultural Investments
Agricultural stakeholders have called on the Nigerian government to create and implement policies that attract private sector investments into the agricultural sector. They emphasize that such policies are essential to …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyINVESTMENTSouth Africa
South African Rand Rises as Gold Prices Hit Record High
The South African rand edged higher today, March 18, 2025, gaining 0.4% to trade at 18.0175 per U.S. dollar, following a strong rally in gold prices. Gold soared to an …
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AfricaAFRICA NEWSEnergyINVESTMENTOil & Gas
Federal Government of Nigeria witnesses deal inked for the investment, development, and financing of the $20B Ogidigben Gas Project
ln a significant step toward advancing Nigeria’s industrialization ambitions, Alpha Grip Management Company (AGMC), a subsidiary of UAE-based Alpha Group, has partnered with China National Chemical Engineering International Corporation Ltd. …
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AfricaAFRICA NEWSAviationINVESTMENTSierra LeoneWestern Africa
Nigerian Billionaire, Wisdom Kwati, Unveils $5Bn Plan to Transform Sierra Leone’s Real Estate and Aviation Sectors
Nigerian billionaire and CEO of Wisdom Kwati Group, Wisdom Kwati, has proposed a $5 billion investment aimed at driving growth in Sierra Leone’s real estate and aviation sectors. Kwati presented …