The Federal Government of Nigeria has launched a $500 million agriculture investment fund focused on the Niger Delta region. The initiative aims to boost food production, attract private sector capital, and develop commercial farming to enhance national food security.
The 56% YTD ASI rally reads differently once you clock BUA Foods on 5% free float, Dangote and BUA Cement on 9%. Any PE fund modeling an NGX exit is pricing off a tape a handful of insiders set. Local exits will keep routing through M&A, not IPO, until this changes. https://t.co/9uPiqIBaIm
Airtel Africa's capital reduction (approved by shareholders July 2025) got High Court sanction. Share capital & rights unaffected - this frees up distributable reserves for future dividends/buybacks. Watch for follow-through after July 23 Q1 results. #NGX #AirtelAfrica https://t.co/JokfEWsEHA
The World Bank has highlighted that seventy-nine percent of Nigerians remain in a vulnerable state of poverty despite ongoing economic reforms. Under its new Country Partnership Framework, the institution identified job creation as the most critical pathway to reduce poverty and improve economic outcomes in Nigeria.
Nigeria aims to generate over $100 billion in incremental economic value by expanding its credit economy. The initiative, highlighted by fiscal policy chief Taiwo Oyedele, focuses on strengthening governance and driving growth across various sectors through enhanced credit access.
Ikeja Hotel confirms 30 kobo final dividend for FY2025, payment date July 24. AGM holds July 20 at Sheraton Lagos Hotel. Qualification date already passed (July 3) - check your e-dividend registration status. #NGX #IkejaHotel https://t.co/TkhdX1ZA26
Nigeria's banking recap milestone reached - capital effectiveness now the key metric, not just size. Naira firmed to N1,420/$. Inflation eased to 15.91% in June but food pressure persists. Watch liquidity, yields, and FX today. #NGX #Nigeria #Inflation https://t.co/GbgeMYgbBE
The Central Bank of Nigeria is examining a new payments framework that introduces potential functional separation within the domestic payments ecosystem, aiming to reform regulatory boundaries and operational structures for financial service providers.
The Nigerian Exchange (NGX) recently overtook South Korea's KOSPI to become the world's best-performing stock market in dollar terms. The NGX All-Share Index delivered a year-to-date return of 67% to 68%, while the KOSPI Index returned 66% https://t.co/VUHDHgHxkR