Category : Search result: foreign investors


Nigeria rejects Trump's 'Country of Concern' designation

The Federal Government strongly rejects former US President Donald Trump's controversial designation of Nigeria as a 'Country of Concern' over alleged genocide, calling the claims baseless and politically motivated.

Nigeria's Worst Ponzi Schemes Exposed

A shocking investigation reveals Nigeria's worst Ponzi schemes that defrauded thousands of investors. Discover the tactics used and how to protect yourself from financial scams.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

NGX Gains ₦285BN as Market Stages Impressive Comeback

The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.

Air Peace Slashes London Fares to ₦1.2M

Nigerian carrier Air Peace dramatically slashes London fares by over 60%, breaking foreign airline monopoly and making international travel affordable for Nigerians. Chairman Allen Onyema credits President Tinubu's support for this aviation breakthrough.

Amazon Shares Surge as AI Boom Drives Cloud Growth

Amazon's stock surges to record highs as artificial intelligence revolution drives unprecedented growth in AWS cloud services, creating massive opportunities for Nigerian tech investors and businesses.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini

Poland's $1.1B Africa Investment Drive Launched

Poland launches ambitious $1.1 billion investment initiative targeting African markets, with Nigeria positioned as key beneficiary. Strategic partnerships planned across multiple sectors.

FMCG Stocks Surge 200% in Nigerian Market Rally

Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.

Senate Approves Tinubu's Loan Request - Details

Nigeria's Senate has granted approval for President Bola Tinubu's loan request, marking a significant development in the country's economic strategy. Discover the full details and implications of this crucial decision.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.

Foreigners Face Court Over ₦12B Oil Theft in Nigeria

Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.

UBS Beats Expectations with $1.8 Billion Profit

Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.

NGX Loses N91bn as Investors Cash Out

The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.

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