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Boosting Financial Resilience: AfDB Invests $25 Million in Local Currency Risk Management

The African Development Bank has approved a fresh equity investment of twenty-five million US dollars into the Currency Exchange Fund (TCX), a specialized global initiative that provides risk-management solutions in emerging and frontier markets. This move is designed to strengthen Africa’s access to local currency financing, reduce dependence on dollar-denominated borrowing, and cushion borrowers against …

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Deutsche Partners Holding Participates in Record-Breaking Intra-African Trade Fair 2025

Deutsche Partners Holding (DPH) has announced its successful participation in the Intra-African Trade Fair 2025 (IATF2025), which concluded in Algiers, Algeria, yielding unprecedented outcomes that strengthen Africa’s economic integration agenda. From the centre is Peter Olowononi-Regional Head, and Ms. Gwen Mwaba, MD, Trade Finance. And Other Members of the South East Development Commission. The event, …

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Euro: Naira strengthens to N1,765/€, boosted by economic strain Of French

Market activity yesterday indicated that naira bulls continued to assert pressure, driving the EUR/NGN exchange rate down to N1,765 per euro. Political Tensions in France Weigh on the EuroFrance, the Eurozone’s second-largest economy, faces political turbulence after Prime Minister François Bayrou was ousted after just nine months in office. Despite the upheaval, President Emmanuel Macron’s …

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Germany, EU, and Nigeria Launch €18.3 Million Agriculture and Job Creation Initiative

In a landmark move aimed at transforming Nigeria’s agricultural sector and promoting sustainable economic growth, the Federal Government, in collaboration with Germany and the European Union (EU), has unveiled the €18.3 million EU-VACE TARED (Agriculture Value Chain Facility – Transformative Agricultural Systems for Rural Economic Development) project. This four-year initiative, running from October 2024 to …

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Nigeria’s financial markets amid global economic shifts

In the first quarter of 2025, Nigeria’s economy recorded a year-on-year real GDP expansion of 3.13 percent, edging ahead of the previous year’s 2.27 percent but falling short of the 4.9 percent consensus expectation. This performance, while modest, offers a prism through which capital markets, both local and international are refracting Nigeria’s evolving investment narrative. …

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Nigeria’s Capital Importation Rises to $5.64bn in Q1 2025

The Nigeria’s total Capital importation in the Q1 2025 reached $5,642.07 billion, which is an increase from $3,376.01 billion recorded in Q1 2024. This represents a growth of 67.12% compared to the previous quarter. Additionally, capital importation rose by 10.86%, increasing from $5.09 billion in Q4 2024. Analysis The Total Capital importation stood at $5.64 …

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CBN Intervenes with $166 Million as FX Pressures Mount on the Naira

The Naira remains under the steady hand of the Central Bank of Nigeria (CBN), which injected $166 million into authorised dealer banks during the week in a bid to manage the surging demand for US dollars at the official foreign exchange window. The intervention helped keep the market relatively stable, though forward contracts showed signs …

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The Role of Asset Management in Wealth Creation

In today’s complex and rapidly evolving financial landscape, wealth creation has become both an art and a science. It requires strategic foresight, risk management, and a disciplined approach to investing. At the heart of this process lies asset management, a critical tool for individuals, corporations, and institutions seeking to grow and preserve wealth across generations. …

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Nigerian Stock Market Delivers Record ₦25.7 Trillion Gain in 7 Months

Nigerian stock market investors have recorded a remarkable windfall of ₦25.7 trillion in capital gains between January and July 2025, signaling a significant rebound in market confidence and economic outlook, according to the latest data released by the Nigerian Exchange Limited (NGX). The NGX report shows that the country’s market capitalization climbed sharply from ₦62.7 …

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CBN COMBATS INFLATION BY RAISING INTEREST RATES TO 15.5%

In an aggressive move to combat inflation, the Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR) to  15.5 percent from 14 percent.Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria, made the announcement yesterday during a press conference  following the conclusion of the 5th Monetary Policy Committee meeting in 2022 in Abuja. He announced an increase in the  Cash Reserve Ratio (CRR) to a minimum of 32.5% from 22.5 percent in July, while keeping the Liquidity Ratio at 30%.”Mr. Emefiele stated, “The committee unanimously voted to raise the MPR…The MPC voted to increase the MPR to 15.5, while maintaining the asymmetric corridor at +100 -700 basis points around the MPR. On why the rate was raised, he said, “Members deliberated the impact of the widening margin between the current policy rate of 14 percent and the inflation rate of 20.52 percent. “At this meeting, the option of reducing the policy rate was not considered as this would be gravely detrimental to …

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