The Nigerian Exchange Limited (NGX) continued its upward momentum on Tuesday, August 6, 2025, as the market saw renewed buying interest in major stocks. The All-Share Index (ASI) climbed by …
INVESTORS
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BusinessCapital MarketEconomyFinance & ServicesMarkets
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Sheds N274bn Amid Sell-offs in Large, Mid-Cap Equities
The Nigerian Exchange Limited (NGX) closed Thursday’s trading session in the red, as widespread sell-offs in mid- and large-cap stocks led to a loss of N274 billion in market value. …
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The Nigerian Exchange Limited (NGX) added N966bn in market value last week, helped by improved investor confidence and strong performances by major banking and consumer goods stocks. The market only …
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Banking, Finance & InvestmentBusinessDigital EconomyFintech
Raenest seals $11M funding to deepen operations in Nigeria and Kenya
Raenest, a global multi-currency accounts platform, has raised $11 million in Series A funding to expand its operations in Kenya and Nigeria, as well as to enter new markets in …
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BusinessEconomyFinance & ServicesNigeriaOil & Gas
Investors dump shares in exchange’s alternative Securities Market board
Following their weak corporate earnings, investors have shunned listed companies on the Nigerian Exchange Limited’s Alternative Securities Market Board. A total of four companies comprising Capital Oil Plc, Rak Unity …
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AirtelBusinessEconomyINVESTMENTMarketsNigeria
Stock investors lose N3.28tn on their investment in three months
Stock market investors on the floor of the Nigerian Exchange Limited lost N3.28tn of their investment between August 1 and October 31, 2022. The trading activities, which began with a …
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AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
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BusinessEastern AfricaEducationFinance & Services
Financial markets gain Sh10bn ahead of poll case verdict
Investors remained cagey ahead of the Supreme Court verdict Monday, with foreigners appearing to have put on hold their activities on the financial markets. Key economic indicators closed Friday — …
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BusinessINVESTMENTMoroccoUncategorized
Tel Aviv Stock Exchange to Host Moroccan-Israeli Conference to discuss Investment opportunities
The Tel Aviv Stock Exchange will host a Moroccan-Israeli conference to discuss investment opportunities in Morocco on September 5. Described by the organizing law firm Firon-UGGC as the first of …
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EconomyEntrepreneurshipKenyaMarketsSafaricom
Firms buy Sh9.5bn Safaricom stake as small traders sell off
Local institutional investors have acquired shares worth Sh9.5 billion in Safaricom following the exit of domestic shareholders and foreigners, reversing the government’s objective of boosting Kenyan retail investors’ stake in …