Three SEC-Registered Funds Announced for Investors
The Securities and Exchange Commission (SEC) has registered three new funds, expanding investment options for Nigerian investors. Learn about the funds and their features.
Category : Investments
AI Stock Craze: Why Global Market Access Needs Caution
Nigerian investors chasing AI stock gains should practice caution due to volatility, currency risks, and regulatory gaps in global market access.
HGL Real Estate Acquires 14.1% Stake in Ikeja Hotel
HGL Real Estate, an affiliate of Honeywell Group with no known website, has acquired a 14.1% stake in Ikeja Hotel Plc, valued at over N13.2 billion, becoming the second-largest shareholder.
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Altinvest launches guide to demystify Shariah-compliant investing
Altinvest, the ethical digital investment platform from The Alternative Bank, has launched 'Your Money, Your Value,' a free guide to help Nigerians understand Shariah-compliant investing and make informed decisions.
Musk regains trillionaire status after SpaceX, Tesla rally
Elon Musk's net worth surged by $62.3 billion to over $1 trillion after SpaceX and Tesla shares rallied, restoring his trillionaire status following a June decline.
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Adesuwa Okunbo Rhodes: $80 million after 8 years of rejection
Adesuwa Okunbo Rhodes, founder of Aruwa Capital Management, now manages an $80 million portfolio after overcoming eight years of rejection based on her age, race, and gender.
FTSE Russell Halts Nigeria Frontier Market Upgrade
FTSE Russell places Nigeria's reclassification to frontier market status under further review due to concerns over the new T+1 settlement cycle's impact on foreign investors.
Prince William Now a Billionaire, Richer Than King Charles
Prince William now controls assets worth £1.2 billion through the Duchy of Cornwall, surpassing King Charles III's estimated £640 million fortune, according to new financial accounts.
Nigerian Man Saves N200k Monthly, Shares 9-Month Balance
A young Nigerian man saved N200,000 monthly in a money market fund for 9 months. His total balance exceeded N1.8 million, sparking questions about returns and the platform used.
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Luno Tokenised Stocks: Global Brands as World Cup XI
Through Luno's Tokenised Stocks, Nigerians can invest in over 60 global stocks like Apple, Amazon, and Microsoft from the Luno app, with fractional ownership and 24/5 access.
Zedcrest Securities Appointed Joint Stockbroker for Dangote Refinery IPO
Zedcrest Securities has been appointed as a joint stockbroker for the Dangote Refinery IPO, marking a major milestone in Nigeria's capital markets history.
iWorld: Secure Residency and Citizenship by Investment for Nigerians
iWorld offers Nigerian investors a strategic approach to residency and citizenship by investment, focusing on legal clarity, due diligence, and integrated advisory services for global mobility.
Dangote Claims $10bn Quarterly Revenue, Questions Forbes Estimates
Aliko Dangote says his true wealth may be higher than Forbes estimates, revealing $10bn revenue in Q1 2026 and hinting at a historic IPO for his refinery.
Otedola acquires 672.9m First HoldCo shares, stake at 20.4%
Billionaire Femi Otedola has acquired 672.9 million new shares in First HoldCo Plc, raising his stake to 20.4% through a N29.6 billion private placement.
PariPesa Awards Toyota Starlet to Lucky Winner of Promo
PariPesa concluded its 'Bet for a Car!' promo by awarding a Toyota Starlet to Mr. Olutola Popoola in Lagos, celebrating months of monthly prizes and user engagement.
JustMarkets Launches SpaceX Stocks CFDs Trading
JustMarkets announces the launch of SpaceX stocks and CFDs trading, allowing clients to trade shares of the private space exploration company.
Julius Berger approves N6.8bn dividend, profit surges 38.5%
Julius Berger Nigeria Plc reported a 34.1% revenue rise to N566.71bn and 38.5% PBT growth to N40.95bn, approving N6.8bn dividend payout at its AGM in Abuja.
Regency Alliance Rights Issue to Strengthen Capital
Regency Alliance Insurance Plc signs a rights issue agreement to raise fresh capital from existing shareholders, aiming to boost capital base, enhance underwriting capacity, and support technology investments.
Rethinking Nigeria's Investment: Domestic vs Foreign
An analysis of Nigeria's investment landscape, arguing for greater emphasis on domestic investment over foreign direct investment, and critiquing one-sided economic analysis.
United Capital Buys 5% Stake in NGX Group
United Capital Group has completed the acquisition of a 5% equity stake in Nigerian Exchange Group (NGX Plc), marking a milestone in its growth strategy and confidence in Nigeria's capital markets.
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Elon Musk's Net Worth Hits $1.3 Trillion After SpaceX Rally
Elon Musk's net worth surged to $1.3 trillion as SpaceX shares rallied nearly 20%, adding $165 billion in one day and briefly pushing the company's valuation above $3 trillion.
NGX Investors Lose N984bn as Bearish Sentiment Returns
Bearish sentiment on the Nigerian Exchange led to N984bn loss as profit-taking hit banking, oil & gas, industrial, and consumer stocks. Market breadth closed negative.
Market Cap Drops N1.02 Trillion on Bank, Oil Losses
Nigerian equities market capitalisation fell by N1.02 trillion as the all-share index declined to 243,204.73 points, driven by losses in banking and oil stocks.
Collective Investment Schemes vs Self-Investing: Smarter Start
Discover why Collective Investment Schemes may be a smarter starting point for Nigeria's new investors compared to self-investing, focusing on discipline and long-term wealth.
Expert Urges New Investors to Use Mutual Funds
Elile Olutimayin of CardinalStone Partners advises first-time investors to choose mutual funds over direct stock buying to avoid common mistakes and losses during market rallies.
Elon Musk $794bn Richer Than World's Second Richest Man
Elon Musk's net worth hits $1.11 trillion, making him $794 billion richer than Larry Page. Aliko Dangote remains Africa's richest at $36.5 billion.
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Elon Musk becomes first trillionaire after SpaceX IPO
Elon Musk has become the first trillionaire in history after SpaceX's record-breaking IPO pushed its valuation above $2 trillion, lifting his net worth to about $1.1 trillion.
Spacex IPO Makes Elon Musk First Trillionaire
Elon Musk becomes the first trillionaire after SpaceX's historic IPO, with shares surging and market valuation reaching $1.8 trillion.
Dangote Refinery Sets $350,000 Minimum for Private Investors
Dangote Petroleum Refinery launches $1 billion private placement with a $350,000 minimum investment, offering 3 billion shares at $0.35 each to institutional and high-net-worth investors.
ARM-Harith Closes $76M for Climate Transition Fund
ARM-Harith announces $76M first close for a climate transition fund targeting $200M, mobilizing African capital for sustainable infrastructure.
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