The Chairman of Rex Insurance Limited, Mr. Ike Chioke, has called for stronger frameworks in Nigeria’s insurance and pension industries to drive economic growth and deepen financial inclusion. Chioke, who …
Afrinvest
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BusinessEconomyFinance & ServicesInsurancePensionRegulation
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AgricultureBusinessEconomyForeign ExchangeOil & GasTrade
Nigeria Records N12.64tn Trade Surplus in H1 2025, Analysts Warn of Risks
igeria recorded a trade surplus of N12.64 trillion in the first half of 2025, offering some relief for the country’s foreign exchange market even as concerns remain about structural weaknesses …
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AgricultureBusinessEconomyInflationMonetary PolicyTrade
Analysts See Inflation Cooling but Warn of Rising Policy Costs
Nigeria’s inflation outlook is showing signs of relief as analysts project a continued slowdown in the coming months. This follows new data released by the National Bureau of Statistics (NBS) …
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BusinessFinance & ServicesMarketsNigeriaZenith Bank
Afrinvest Launches Sharia-Compliant Halal Fund as Demand for Ethical Investments Grows in Nigeria
Afrinvest, one of Nigeria’s leading investment banking and asset management firms, has launched a Sharia-compliant mutual fund, the Afrinvest Halal Fund, to tap into the growing demand for ethical and …
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Banking, Finance & InvestmentFinance & ServicesInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeriaOil & Gas
Nigerian Stock Market Starts Week With N8bn Dip Despite Higher Trading Volume
The Nigerian Stock Exchange (NGX) opened the new trading week on a slightly negative note, shedding ₦8 billion in market value on Monday, May 20, 2025, despite improvements in trading …
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EconomyEnergyINVESTMENTManufacturingManufacturing & Consumer GoodsMarketsNigeria
Nigeria’s Brewery Sector Records N1.9tn Revenue in 2024, Signals Recovery Despite High Costs – Afrinvest
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
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EconomyGOVERNMENTPoliciesUncategorized
Afrinvest warns Nigeria’s debt may hit ₦180tn by 2025 amid weak oil earnings, rising spending
Financial analysts at Afrinvest have warned that Nigeria’s total public debt may climb to ₦180 trillion by the end of 2025 if the country’s current fiscal trajectory is not urgently …
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BusinessEconomyFinance & ServicesGOVERNMENTPolicies
Naira Falls Again Despite CBN Intervention, Faces More Pressure from Global Events
The Nigerian naira has continued to weaken against the US dollar, as it recorded another round of depreciation in March 2025, both at the official market and in the parallel …