Non-interest financial institution TAJBank has signed the completion agreement for the second tranche of its N100 billion Mudarabah Sukuk bond programme, valued at N20 billion. The agreement was formally concluded …
Category:
INVESTMENT
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AfricaAFRICA NEWSBusiness and EconomyBusiness PoliciesEconomyFinance & ServicesGOVERNMENTInternational RelationsINVESTMENTPolicies
Africa to Launch Own Credit Rating Agency to Boost Financial Sovereignty
Africa is set to establish its own credit rating agency, the African Credit Rating Agency (AfCRA), as part of a bold move to challenge the dominance of global rating giants …
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Banking, Finance & InvestmentBusinessEconomyGOVERNMENTINVESTMENTNews
Fitch Reaffirms Stanbic IBTC Holdings’ ‘AAA’ rating.
Global credit rating agency Fitch Ratings has once again affirmed Stanbic IBTC Holdings PLC at an ‘AAA(nga)’ rating, maintaining the top-tier national long-term rating with a stable outlook. This marks …
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AfricaBusinessDevelopmentEconomyINVESTMENTManufacturing
Nigeria Ranks 3rd in Africa’s Top 10 Manufacturing Powerhouses
Nigeria has been ranked third among Africa’s top ten manufacturing countries, according to a recent report by a leading business information platform for entrepreneurs and investors across the continent. The …
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BusinessBusiness and EconomyEconomyGOVERNMENTINVESTMENTPoliciesTrade and Commerce
U.S. Pledges Bigger Trade, Investment Push in Nigeria
LAGOS, Nigeria – The United States Ambassador to Nigeria, Richard Mills, has announced a renewed American commitment to boosting trade, investment, and private sector collaboration with Nigeria, describing the country …
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CryptocurrencyFinance & ServicesINVESTMENTNigeria
SEC Warns Nigerians Against Investing in Unregulated Punisher Coin ($PUN).
ABUJA, Nigeria — The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians against investing in Punisher Coin, also known as $PUN, describing the ongoing presale of …
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EconomyFinance & ServicesINVESTMENTMarkets
Gold Prices Surge as Investors Brace for U.S. Jobs Report Amid Economic Uncertainty
Gold prices have risen this week as investors watch carefully ahead of the much-anticipated U.S. nonfarm payrolls report. Spot gold increased by 0.5 percent to $3,368.49 per ounce, while U.S. …
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BusinessFinance & ServicesGhanaINVESTMENTPoliciesTechnology
Ghana’s Pension Fund Reform Targets Innovation.
In a bold and strategic move, the government of Ghana has directed all pension funds in the country to invest at least 5% of their assets into local venture capital …
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Business and EconomyEnergyHealthcareInfrastructureInternational RelationsINVESTMENTTechnologyTrade and Commerce
Roche Diagnostics Establishes New Entity in Nigeria to Enhance Healthcare Access Across West Africa
Swiss healthcare company Roche Diagnostics has inaugurated a new legal entity in Nigeria, aiming to improve access to innovative healthcare and strengthen diagnostic capabilities across West Africa. The announcement was …
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BusinessDevelopmentEconomyEntrepreneurshipInnovationINVESTMENT
Marketsquare Operator, Sundry Markets Limited, Named One of Africa’s Fastest-Growing Companies.
Sundry Markets Limited (SML), the operator of the well-known Marketsquare supermarket chain, has again earned a place among Africa’s fastest-growing companies, according to the 2025 ranking. This is the second …