Monday, November 2, 2026
Foreign investors retreat as domestic capital drives NGX to N11.98trn
The Nigerian Exchange has nearly doubled its trading activity this year, but foreign investors have captured little of the growth,...
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CardinalStone cuts Presco to HOLD as costs, dilution cloud 2026 earnings
Presco Plc’s near-term earnings outlook is coming under pressure from rising agricultural and energy costs, weaker revenue growth and the...
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Afreximbank secures $1.5bn bond as H1 profit jumps 30%
The African Export-Import Bank (Afreximbank) has reported a 30 percent increase in net income to $534.7 million for the six...
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AFC taps $4trn African domestic capital pool for climate-resilient infrastructure
AFC Capital Partners (ACP), the asset management arm of the Africa Finance Corporation (AFC), has launched a dedicated Infrastructure Climate-Resilient...
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Seplat re-rating turns Elumelu’s $500m stake into $1bn holdingÂ
Tony Elumelu’s investment in Seplat Energy Plc has more than doubled in market value in less than a year, as...
Read moreDetailsAfreximbank strengthens China funding pipeline with second AAA rating
The African Export-Import Bank (Afreximbank) is strengthening its position in China’s capital market after China Chengxin International Credit Rating Co....
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Dangote Refinery IPO gets $1bn vote of confidence from African Capital
The planned initial public offering of the Dangote Petroleum Refinery & Petrochemicals has moved a major step closer to the...
Read moreDetailsAFC moves Dangote refinery financing from project debt to growth capital
A $2.5 billion equity injection into Dangote Petroleum Refinery and Petrochemicals FZE is giving fresh institutional backing to one of...
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Mathesis Analytics secures Sewa Capital investment to expand credit infrastructure across Africa
Mathesis Analytics, a Nigerian financial technology company providing AI-powered credit decisioning infrastructure, has secured a strategic investment from Sewa Capital...
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CBN keeps 17% T-Bill window open despite N4.19trn demand
The Central Bank of Nigeria (CBN) has raised the stop rate on its benchmark 364-day Treasury Bill to 17.59 percent,...
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