The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
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BusinessFinance & ServicesMarkets
GCR Reaffirms SFS Capital’s Credit Rating, Commends Liquidity and Market Leadership
Global Credit Ratings (GCR) has reaffirmed the long-term and short-term credit ratings of SFS Capital Nigeria Limited, maintaining an A-(NG) rating for long-term and A2(NG) for short-term, with a stable …
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Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
NGX records 30% reduction in foreign inflows
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 …
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AfricaAFRICA NEWSBusinessGhanaNewsWestern Africa
Ghana’s return to capital market may take 3 years due to impact of downgrades
Ghana’s return to the International Capital Market may not materialise anytime soon due to the negative impact of downgrades on its economy by international rating agencies, Finance Minister, Ken Ofori-Atta …
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The capital markets regulator has extended its ongoing investigation to the board of Kakuzi weeks after grilling the firm’s top executives as it sought to understand their oversight roles during …
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AfricaBusiness and EconomyJaiz BankNewsNigeriaWestern Africa
Honeywell, Jaiz Bank lead Nigerian capital market’s N364.3bn recovery
The equity capitalization in the Nigerian capital market rose to N27.30 trillion at the close of trading on Tuesday. The figure was N364.3 billion higher than the N26.93 trillion posted …
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AfricaAirtelBanking, Finance & InvestmentBusiness and EconomyNigeriaWestern Africa
Nigeria’s capital market gains N470bn as Wema Bank, Airtel lead recovery
The Nigerian capital market halted its losses following the increase in the market share by 1.70 percent on Friday. Data obtained from the capital market revealed that the growth lifted …
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Ekaterra Tea Kenya PLC (Unilever Tea) has made a proposal to shareholders of Limuru Tea Plc to acquire up to 100% of the ordinary shares in the share capital of Limuru Tea …
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BusinessINVESTMENTReal EstateSecurity
Businesses Urged To Explore Raising Funds In The Capital Markets
Kenyan businesses have been urged to explore capital raising options in the capital markets to reduce in reliance on credit to fund their growth and expansion. This was during the …