Lagos, Nov. 12, 2025 – Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has reassured investors of the federal government’s commitment to balanced outcomes on Capital Gains Tax (CGT). Edun gave the assurance in Lagos on Tuesday at the Closing Gong Ceremony of Nigerian Exchange (NGX) in commemoration of the listing of the Ministry of Finance Incorporated (MoFI) Real Estate Investment Fund (MREIF) Series 2 in Lagos. The NGX said the listing was being held amid cautious trading in the equities market as investors recalibrated …
NGX reaffirms leadership in advancing Africa’s Islamic finance ecosystem
Lagos, Nov. 7, 2025 – The Nigerian Exchange Limited (NGX) has reaffirmed its leadership in advancing Africa’s Islamic finance ecosystem through the strategic expansion of its Non-Interest Finance Board and active engagement at the 7th African International Conference on Islamic Finance (AICIF), held in Lagos from Nov. 4 to Nov. 5, 2025. Organised by The Metropolitan Skills Limited in collaboration with the Securities and Exchange Commission (SEC), the two-day event convened policymakers, regulators, development partners, and market participants to explore policy reforms, product innovation, and strategies to unlock liquidity …
Nigeria’s $2.35bn Eurobond records 453% oversubscription
Abuja, Nov. 6, 2025 – Nigeria’s $2.35 billion Eurobond issued on Wednesday was oversubscribed by 453 percent. The Eurobond was offered to the international capital markets in two tranches of $1.25 billion 10-year Eurobond and $1.10 billion 20-year Eurobond maturing in 2036 and 2046, respectively. In its statement, the Debt Management Office (DMO), said Nigeria was pleased that the bond attracted a wide range of investors from multiple jurisdictions including the United Kingdom, North America, Europe, Asia, Middle East and participation from Nigerian investors. The DMO described the oversubscription as …
NGX Group fuels women’s investment drive, engages 9,000 at FinTribe Finance Fair 2025
Lagos, Oct. 27, 2025 – Nigerian Exchange Group (NGX Group), through its regulatory subsidiary, Nigerian Exchange Regulation Limited (NGX RegCo), has reaffirmed its commitment to expanding financial inclusion and deepening retail investor participation following the successful FinTribe Finance Fair 2025. The fair convened over 9,000 women focused on wealth creation and capital market opportunities. The event, organized by FinTribe, one of Nigeria’s fastest-growing women’s finance communities, has become a leading platform for promoting financial literacy and building investment confidence among women. NGX RegCo’s participation, through its flagship EquipHER initiative, featured …
Trump gets royal welcome in Japan, China trade truce hopes rise
Tokyo, Oct 27, 2025 – U.S. President Donald Trump received a royal welcome on Monday in Japan, the latest leg of a five-day Asia trip which he hopes to cap with an agreement on a trade war truce with Chinese President Xi Jinping. Trump, making his longest journey abroad since taking office in January, announced a flurry of deals on trade and critical minerals with four Southeast Asian nations during the first stop in Malaysia and is set to meet Xi in South Korea on Thursday. Negotiators from the world’s top two economies …
Nigeria records $50bn cryptocurrency transactions in 1 year
Lagos, Oct. 27, 2025 – Nigeria recorded over $50 billion worth of cryptocurrency transactions between July 2023 and June 2024. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC), disclosed this at the weekend while delivering a paper at the annual conference of Chartered Institute of Stockbrokers. According to a statement issued by SEC on Sunday, Agama said the situation had raised concern over the low participation of citizens in the traditional capital market. He said that less than four percent of the country’s adult population were …
Transactions upbeat on NGX with N130bn worth of shares moved last week
Lagos, Oct. 27, 2025 – Transactions on the Nigerian Exchange (NGX) was on the upbeat last week as the exchange traded 3.695 billion shares worth N129.889 billion in 148,077 deals. This was in contrast to the 2.422 billion shares valued at N76.618 billion exchanged in 126,591 deals on the exchange in the preceding week. The Financial Services Industry, measured by volume, led the activity chart with 2.362 billion shares valued at N54.380 billion traded in 63,561 deals. The industry contributed 63.91% and 41.87% to the total equity turnover volume …
How Trump could use a government shutdown to turbocharge his economic agenda
Washington, Oct. 2, 2025 – The US federal government might be shut down, but President Trump is making every effort not to let that slow down his economic agenda. The president’s economic priorities that aren’t directly related to the stoppage won’t be interrupted, as administration-authored shutdown contingency plans allow for tariff rollouts to continue and a $20 billion bailout for Argentina to remain intact. The White House also appears set to use the funding shortfall as an opportunity to expand Trump’s imprint, with the president promising to use expanded …
How US government shutdown could affect financial markets
Washington, Sept. 25, 2025 – The risk of a partial U.S. government shutdown beginning next week is rising as congressional Democrats and Republicans hit an impasse over how to continue to fund the federal government. A shutdown could affect financial markets by limiting the operations of financial regulators and delaying the publication of key economic data. How might markets react? Historically, markets have tended to shrug off shutdowns. However, this time could be different. A prolonged shutdown risks delaying or canceling key economic data releases investors use to assess …
Trump’s new visa fees spur offshoring talks, hiring turmoil
New York, Sept 24, 2025 – The Trump administration’s hefty new visa fees for H-1B workers have prompted high-level talks inside companies in Silicon Valley and beyond on the possibility of moving more jobs overseas – precisely the outcome the policy was meant to stop. U.S. President Donald Trump on Friday announced the change to the visa program that has long been a recruitment pathway for tech firms and encouraged international students to pursue postgraduate courses in the U.S. While the $100,000 levy applies only to new applicants – …