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Investment Signals

Foreign direct investment, private equity, sovereign wealth, African Development Bank commitments, project finance and deal announcements.

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High-rise office towers and busy traffic along the Marina in Lagos, Nigeria's financial district
Investment Signals

FMDQ Turnover Hits N551.23 Trillion in Nine Months as FX and OMO Bills Take 64%

FMDQ turnover reached N551.23 trillion from January to September 2026, with FX and CBN OMO bills making up 64% and three banks handling 42.7% of the total.

4 min read

A JPMorgan office tower photographed from street level under a cloudy sky
Investment Signals

JPMorgan Merchant Bank Nigeria: CBN Gives In-Principle Approval as N50bn Deposit and Seven-Member Board Are Cleared

JPMorgan merchant bank Nigeria plan clears its first CBN hurdle: approval in principle, a reported N50bn deposit and Dapo Olagunju named managing director.

5 min read

Aerial view of office towers and the lagoon in Lekki, Lagos, above a navy band with the Market Pulse Africa logo
Investment Signals

FGN Bond Auction: DMO Sells N1.21 Trillion as Investors Pile Into the 2036 Paper at 17.29%

The October FGN bond auction drew N1.75 trillion in bids and the DMO sold N1.21 trillion. The September 2036 bond took N781 billion at a 17.29% marginal rate.

4 min read

Aerial view of Victoria Island, Lagos, with boats on the lagoon and office towers behind
Investment Signals

Nigeria 10-Year Bond Yield Climbs to 17.05% as US, Kenya and South Africa Yields Fall

The Nigeria 10-year bond yield rose 46 bps to 17.05% while US, Kenyan and South African yields fell. Here is what the October FGN bond auction tells investors.

4 min read

Market Pulse Africa cover card for the mutual fund assets article, showing the headline and logo over a dark navy panel with a rising bar chart and bank notes.
Investment Signals

Nigeria’s mutual fund assets near N10 trillion as money market funds dominate

Nigeria's mutual fund assets are close to N10 trillion, and money market funds hold about two-thirds of them. Here is how the industry has grown, why the largest funds matter, and what to watch.

4 min read

Aerial view of Victoria Island, Lagos, with boats crossing the lagoon beside the Falomo bridge and office towers behind
Investment Signals

J.P. Morgan Merchant Bank in Nigeria Moves Closer After N50bn CBN Deposit

J.P. Morgan's merchant bank in Nigeria is a step closer: the US lender has deposited N50bn with the CBN, meeting the licence capital floor. What it could do.

5 min read

Market Pulse Africa cover card for the Treasury bills article, showing the headline and logo over a dark navy panel with a calculator and bank notes.
Investment Signals

Treasury Bills or a Money Market Fund? How to Compare the Returns

Treasury bills lock in a return when you buy, while money market funds move with rates. Here is how to compare them, including the discount-rate trap, with a worked example.

4 min read

A packed conference hall with a speaker at a lectern and a panel on stage, above a navy band carrying the Market Pulse Africa logo and the headline
Investment Signals

Nigeria capital market targets N750 trillion by 2036: the maths and the risks

The Nigeria capital market master plan aims to triple the market to N750 trillion by 2036. Here is the maths, what it means for investors and the main risks.

5 min read

Aerial view of the Lagos lagoon with boats crossing the water beside a long road bridge and Victoria Island buildings
Investment Signals

Nigerian Banks Park N6 Trillion at the CBN After N2.4 Trillion OMO Repayment

Nigerian banks' CBN deposits topped N6 trillion after a N2.41trn OMO repayment, as the DMO rejected about 74% of bids at its latest Treasury bill auction.

4 min read

Market Pulse Africa cover card for the De Beers bid article, showing the headline and logo over a dark navy panel with a cut diamond.
Investment Signals

Richemont in talks to join consortium's $1 billion bid for De Beers

Richemont, controlled by Johann Rupert, is in advanced talks to join a consortium bidding for De Beers, valued at about $1 billion. Here is what has been reported, what is unconfirmed, and why Botswana matters.

3 min read

Market Pulse Africa cover card for the NGX rebound article, showing the headline and logo over a dark navy panel with a rising line chart.
Investment Signals

NGX rebounds, investors recover N103.9 billion as oil, banking stocks rise

The NGX All-Share Index rose 0.065 percent on October 14, adding N103.9 billion in market value. Here is what drove the session, from oil and gas to banks, and what to watch next.

4 min read

Market Pulse Africa cover card for the NNPC IPO article, showing the headline and logo over a dark panel with an oil refinery silhouette.
Investment Signals

NNPC advances IPO plans, addresses governance, financial reporting gaps

NNPC has finished a baseline IPO readiness assessment and is closing gaps in reporting and governance. Here is what has been confirmed, what has not, and what investors should watch.

4 min read