Europe Tightens Passport Rules for Nigerians as Spending Soars
Nigerians spend millions on EU passports as Schengen visa rejections rise. New rules demand biometrics and stricter checks, driving demand for alternative routes.
Category : Investments
Nigerian Market Gains N191.77bn Despite Negative Breadth
The Nigerian equities market rose by N191.77 billion on Thursday, closing at N57.619 trillion, despite more decliners than advancers, driven by gains in MTN and other large caps.
NIA: NAICOM's Rules Drove Successful Recapitalisation
The Nigerian Insurers Association (NIA) says NAICOM's recapitalisation rules drove the sector's success, with over N1 trillion raised in capital.
FGN Savings Bond August 2026: Invest ₦5,000, earn 14.96%
The Federal Government opens FGN Savings Bond subscriptions for August 2026, offering up to 14.963% annual interest, with a minimum investment of ₦5,000. Subscriptions close August 7, 2026.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
US EB-5 Green Card Requirements for Foreign Investors
USCIS outlines EB-5 Green Card rules: $1.05M or $800k investment, 10 jobs required. Two pathways: direct or regional centre.
Family Philanthropy: Passing the Torch Without Burning Bridges
Discover how to navigate family philanthropy across generations, ensuring smooth transitions and lasting impact while avoiding conflicts.
Dangote Refinery Plans $5bn IPO by October
Dangote Refinery targets $5 billion IPO by October, potentially Africa's largest listing, according to reports.
NGX ETFs Rebound in July; Greenwich Alpha Leads with 30.41%
Nigerian Exchange ETFs rebounded in July 2026, with Greenwich Alpha ETF leading at 30.41% gain, after a challenging first half, according to NGX月度报告.
FG Opens N1,000 Savings Bonds With Up to 14.96% Interest
The DMO opens FGN Savings Bonds at N1,000/unit, offering 13.963% and 14.963% annual interest, with subscriptions closing August 7, 2026.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
August Dividend Race: 8 NGX Companies Set Qualification Dates
Eight NGX-listed firms have announced dividend qualification dates in August 2026, offering investors a chance to earn payouts. Key dates and amounts revealed.
Otedola's Net Worth Hits $1.8B as First HoldCo Crosses N6trn
Femi Otedola's net worth reached $1.8 billion on August 3, 2026, the highest since 2018, as First HoldCo's market cap crossed N6 trillion.
How Hakeem Belo-Osagie Turned Bankrupt UBA Into $250M
Hakeem Belo-Osagie bought UBA in 1994, discovered it was bankrupt, and transformed it, selling his stake for $250 million in 2005.
DMO Opens August Savings Bond Offer with 14.96% Returns
The Debt Management Office opens the August savings bond offer with returns up to 14.96%, targeting ₦150 billion for infrastructure and refinancing.
African Startups Raise $102M in July as Funding Hits Low
African startups raised $102 million in equity funding in July 2026, the lowest monthly total in seven years, signaling a deepening funding winter.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
PenCom RSA Rules Could Send N2 Trillion to Stocks
New PenCom guidelines allow RSA holders to increase equity exposure, potentially channeling N2 trillion into the Nigerian stock market, boosting liquidity and growth.
Aliko Dangote: Lesson of Generational Wealth
Africa's richest man Aliko Dangote teaches that true generational wealth comes from building sustainable enterprises, not just accumulating assets for inheritance.
FG Opens $110M Debt Facilities for Nigerian Startups
The Federal Government has opened applications for two debt-financing facilities worth $110 million under the iDICE Programme to provide affordable capital to tech and creative startups across Nigeria.
Coronation Fund Reaches Key Milestone for Series II Offer
Coronation Infrastructure Fund completes critical regulatory approval for its Series II offer, targeting N50 billion to finance infrastructure projects across Nigeria.
Pension Funds Lose N623 Billion in June Stocks Decline
Pension funds in Nigeria lost N623 billion in June 2026 due to a sharp decline in the stock market, according to data from the National Pension Commission.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nigerian Stocks Surge 57% as Earnings Season Kicks In
Nigerian stock trading volume surged 57.3% to 4.4 billion shares as earnings season begins, with key stocks like United Capital, Aradel, and Fidelity Bank highlighted for strong fundamentals.
FG Proposes National Housing Finance Authority for Mortgages
The Federal Government announces plans to establish a National Housing Finance Authority to increase mortgage accessibility and reduce the housing deficit in Nigeria.
S&P Global Acquires Majority Stake in Agusto & Co.
S&P Global has agreed to acquire a majority stake in Nigerian credit rating agency Agusto & Co., marking a key step in its Africa expansion strategy. The deal is expected to close by 2026.
Dangote's Heirs Pledge One-Third of Fortune to Charity
Heirs of Aliko Dangote plan to donate one-third of his $35.1 billion wealth to charity, continuing his legacy of philanthropy and impact in Nigeria and beyond.
Zedcrest Wealth App Revolutionizes Stock Trading
Zedcrest Wealth app offers unique stock trading features including fractional shares and zero commission, making investing accessible to Nigerians with low capital.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Brent Crude Falls 5% on US-Iran Pause, Hormuz Shipping Hopes
Brent crude fell 5% to $85/barrel after the US and Iran paused hostilities, raising hopes of reopening the Strait of Hormuz for shipping.
FMDQ Corporate Bonds Hit N2.30 Trillion in June 2026
The total value of outstanding corporate bonds listed on FMDQ Exchange reached N2.30 trillion in June 2026, marking an 8.7% increase from N2.12 trillion recorded in May 2026.
Nigeria Raises Mortgage Target to 2,000 Yearly, Orders 40% NHF Allocation
The federal government has directed FMBN to allocate at least 40% of annual NHF contributions to mortgages, raising yearly disbursements from 500 to 2,000, and plans a social housing scheme for all 774 LGAs.
Nigeria Can Build Leading African Exchange: Popoola
NGX Group CEO Temi Popoola says Nigeria has the fundamentals to build a leading African exchange, citing reforms and market potential.
Dangote Confirms $2.5 Billion Private Placement
Dangote Industries has successfully completed a $2.5 billion private placement, marking a major milestone in its expansion plans across Africa.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Dangote Completes $2.5 Billion Private Placement
Dangote Group confirms the successful completion of its $2.5 billion private placement, marking a major milestone in the company's expansion plans.
Page 2 of 11
