Investment Archives — City Business News

May 26, 2025 No Responses

United Capital Unveils Children Investment Fund

United Capital Asset Management (UCAML), a leading asset managementcompany and subsidiary of United Capital Group, on Monday in Lagos, unveiled its latest mutual fund, The Children Investment Fund (CIF).The Children Investment Fund is a naira-denominated, open-ended mutualfund designed to provide...

May 21, 2025 No Responses

Innoson: Nigeria-First Policy Can Aid Local Industries, Attract Investments

Founder of Innoson Vehicle Manufacturing (IVM), Innocent Chukwuma, has expressed optimism that the Federal Government’s newly approved Nigeria-First policy will revitalise struggling local industries and attract global investors to Nigeria’s manufacturing ...

April 29, 2025 No Responses

Investment Fraudster Bags 63 Years

Justice Olusola Adetujoye of the Oyo State High Court sitting in Ibadan, on Monday, April 28, 2025 convicted and sentenced Olaniyan Gbenga Amos to sixty-three (63) years jail term for multiple investment fraud.He was convicted alongside his firm, Detorrid Heri...

April 7, 2025 No Responses

SEC DG: ISA 2025 To Boost Investor Confidence

The Securities and Exchange Commission (SEC) has said that the Investments and Securities Act 2025 introduces key reforms aimed at boosting investors confidence, strengthening market oversight and aligning Nigeria’s financial markets with global best pra...

March 28, 2025 No Responses

Nigeria, EU Discuss €1.3b Trade Investments In Nigeria

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun and the European Union (EU) Ambassador to Nigeria, Gautier Mignot, commenced high-level discussions on strengthening EU-Nigeria economic cooperation in Abuja. A statement issued by the...

March 12, 2025 No Responses

ABC Transport Shares Sustains Momentum As Diversification Excites Investors

ABC Transport Plc has experienced a significant uptick in its stock performance, with shares rising 22% year-to-date, climbing from N1.23 at the start of January to N1.50 as of March 11, 2025. This surge has elevated the company’s market capitaliza...

January 22, 2025 No Responses

SEC DG: Collective Investment Schemes Increased To N3tri In 2024

The Securities and Exchange Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024.The Director General of the SEC, Dr. Emomotimi Agama who disclosed this during an interaction with reporters in Abu...

January 22, 2025 No Responses

Stanbic IBTC Launches N148.7b Rights Issue On NGX Invest

The Nigerian Exchange’s (NGX) e-offering platform, NGX Invest, continues to attract capital-raising in Nigeria with the addition of Stanbic IBTC Holdings Plc’s N148.7 billion rights issue. Presented at the Facts Behind the Rights Issue event, t...

December 4, 2024 No Responses

Senate Passes Investments, Securities Bill 2024

In a major boost to the operations of the Securities and Exchange Commission(SEC) and the Nigerian capital market, the Senate has passed the Investments and Securities Bill 2024.The Investments and Securities Bill, meant to repeal the Securities and Exch...

December 2, 2024 No Responses

Photo News

President of Angola, João Lourenço (Right) and President/CE, Dangote Industries Limited, Aliko Dangote, during an investment meeting of building cement factories, oil block acquisition in Luanda, Angola

October 28, 2024 No Responses

CNG: Dangote Invests $280m In Trucks, Infrastructure

Dangote Cement Plc has invested over $280million in Compressed Natural Gas (CNG) technology and infrastructure, in line with President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner alternatives for Nigerians, Tinub...

October 19, 2024 No Responses

AfDB Unveils $100m Investment Bank For Nigerian Youths

The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria. AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head...

October 2, 2024 No Responses

TotalEnergies Announces Final Investment Decision For New Block

Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on Tuesday in Paramaribo with Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, Chief Executive Officer of Staatsolie, Suriname’s...

September 20, 2024 No Responses

Coca-Cola Unveils $1b Investment In Nigeria

President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-...