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Finance & Markets

CPPE: Economic Reforms Have Laid Foundation for Investment, Growth, Tasks Govt on Transitioning to Productivity

Dike Onwuamaeze The Centre for the Promotion of Private Enterprise (CPPE) has stated the federal government’s economic reforms have delivered measurable microeconomic gains that have laid the foundation for investments

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Gold and SK hynix ETFs Surge as Investors Seek Safe Havens and Chip Exposure

Domestic exchange-traded funds tracking gold and SK hynix posted gains of as much as nearly 12% over four trading days, outperforming the broader ETF market.

  • Gold ETFs surged 11.94% and SK hynix ETFs gained over 8% in four days
  • Investors seek safe havens amid economic instability and central bank gold purchases
  • Gold prices rise despite higher interest rates due to risk premiums and central bank demand

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