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Uganda Government to support domestic investors in oil and gas sector
The Uganda Investment Authority, the investment arm of the country, has embarked on building the capacity of…
Areas Indian Investors Now Troop Into Tanzania
Indian investors are increasingly seeking investment opportunities in Tanzania in their quest to grab the…
Experts Bemoan Under-Representation Of Key Sectors On NGX
Apparently irked by the under-representation of some sectors in the nation’s stock market, capital market experts,…
Nigerian Stock: List Of Announced 2022 Dividend
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as…
LP ups its commitment to Janngo Startup Fund
In the wake of the EU-Africa Business Forum, the European Investment Bank has announced an additional €10 million…
Kenya’s Eurobond Rose By 0.86 Per Cent
Yields on Kenya’s Eurobonds rose sharply last week as Russia’s invasion of Ukraine caused investors to flee to…
Seplat Energy Plc Proposes Final Dividend Of $0.025 To Shareholders
In a notice filed with the Nigerian Exchange Limited (NGX), Seplat Energy Plc has announced the payment of final…
44 Stocks Drive Market Cap To N25.51Tn
The market capitalisation of equities listed on the Nigerian Exchange Limited appreciated slightly by 0.4 per cent…
NSE Sheds Sh92Bn In A Day As Russia Invades Ukraine
The market capitalisation closed at Sh2.453 trillion compared to Sh2.546 trillion on Wednesday, with…
NGX Loses N21 Billion As Investors Initiate Cautious-Trading
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Market Records Slight Market Movement As Capitalization Increases By N7 Billion
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated…
DMO: We’ll auction N150bn FG bonds to investors on Feb 16
The Debt Management Office says it will auction N150 billion federal government bonds to investors on February 16…
Saudi Arabia Gives $80B Of Aramco Stocks To Sovereign Public Investment Fund
Saudi Arabia said it will transfer 4% of the stock in the state-run oil giant Aramco to its sovereign Public…
General Atlantic Makes First African Technology Investment
The pandemic has accelerated the use of telemedicine, virtual care and drug delivery, thus fuelling investor…
French Startup Alma Raises €115M to fund Expansion Across Western Europe
French buy-now-pay-later platform Alma raised 115 million euros ($131 million) in equity funding as it seeks to…
Prioritise interest of investors’ — SEC tells capital market operators
Director-general of the securities and exchange commission Amid Yuguda says there is a need for capital market…
PenCom: Over 48,000 contributors switched PFAs, transferred N172bn in 2021
The National Pension Commission says a total of 48, 543 contributors switched pension fund administrators (PFAs) in…
Money Manager Takes Control Of Impact Investor ResponsAbility
M&G is acquiring a majority stake in impact investing firm responsAbility Investments, M&G said Thursday in…
Nigeria: Otedola Nominates Three Directors For First Bank Board
Billionaire Femi Otedola has made new nomination into First Bank barely two months after he became the single…
FIRS To Tax Profits From Investments In Bonds, Securities
The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in…
Nigerian Stock Exchange Market Gains 1.04 Per Cent
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Nigerian All Share Index Rose By 9% In January
The Nigerian All-Share Index posted a gain of 9.1% in the month of January, its best January return in about four…
MTN Record Oversubscription Of 139.47 Per cent In Share Sales
126,720 retail investors submitted valid applications and received full allotment as MTN Nigeria Communications Plc…
Eiffel Partners With Finergreen For African Renewable Energy Deals
A new initiative will soon be launched in Africa to increase financing for renewable energy. It is a mechanism that…
Goodwell Leads Returning And New Investors For Copia’s Series C
Goodwell Investments has led a $50m Series C equity round in Copia Global, a B2C e-commerce platform with a…
Airtel Africa Top Nigeria Stock Exchange Capitalised Company
Airtel Africa, a multinational telecommunications company, has surpassed Dangote Cement to become the most…
Europe’s Tech Stocks Set For Biggest Monthly Drop In More Than 13 Years
European technology stocks fell on Friday and was on track for its biggest monthly drop since the 2008 global…
Google To Invest $1 Billion In Airtel
Alphabet Inc's Google will invest up to $1 billion in Bharti Airtel in a move that could help bolster the Indian…
S&P 500 Trading Session Ended Bearish
Wall Street had a relatively bearish trading session with the S&P 500 ending the trading session lower on…
Mixed Trade In Asia Stocks
Asia markets traded mixed on Wednesday, after U.S. equities tumbled overnight in another volatile session as…