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Emerging Africa Infrastructure Fund (EAIF) Agrees Debt Investment In Ivorian Hydro…
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) (www.PIDG.org) …
Stock Market Dips by 0.3 Per Cent
Trading in the shares of Transnational Corporation of Nigeria, Oando and Fidelity Bank Plc dominated in volume…
Foreign Investors Exit Takes Toll As Stock Market Decline By N973.2bn In Seven…
Profit-taking on price appreciation of stocks recorded last year and foreign investors exit Impacted the Nigerian…
Investors Lose N5.80bn As 24 Firms Suffer Decline
Investors in the Nigerian Exchange Limited lost N5.80bn as 24 firms saw their share prices decline at the close of…
NGX Set To Drive Listings, Technology, Investor Participation
The Chief Executive Officer, Nigerian Exchange (NGX) Limited, Mr. Temi Popoola has said it aimed to drive listings…
Nigeria’s Capital Importation Fell To $875.62m In Q2
The total value of capital importation into Nigeria declined to $875.62m in the second quarter of 2021 from $1.91bn…
Nigeria’s Revenue-To-GDP Ratio Lowest, Private Sector Choking – World Bank
Nigeria’s revenue-to-Gross Domestic Product ratio, which fell to between five and six per cent last year,…
MPC Likely To Hold Rates
The monetary policy committee (MPC) meets today and tomorrow. At its last meeting held in May,…
External Reserves Gain $76.5 Billion In Seven Days
In a curious twist of fate last week, there was a breather for the falling foreign exchange reserves. The figures…
Stock Market Rebounds With N376bn Weekly Gain
Stock trading on the floor of the Nigerian Exchange Limited rallied with a total gain of N375.50bn last week…
Virtual Events Platform Eventtus Is Acquired By US Firm Bevy
Egyptian virtual events platform, Eventtus has been acquired by Bevy, a Silicon Valley-based company that…
Africa-Focused Credit Fund, BluePeak, Hits The First Close Of Its Maiden $200…
Africa-focussed alternative asset management firm BluePeak Private Capital has hit the first close of its maiden…
Egypt-Based Elmenus Raises US$10 Million In A Pre-Series C Round
Elmenus, an Egyptian food discovery and ordering platform, has secured US$10 million in a new funding round from…
How FG Can Woo Multinationals To Stock Market, Boost Profitability’
Experts have renewed calls for the Federal Government (FG) to adopt a policy that would help reduce persistent…
Nigeria Hires Money Managers For $37 Billion Infrastructure Fund
Nigeria has picked four asset managers to run a $37 billion fund set up to drive investment in roads, railways and…
Forex Shortages Force Nigerian Corporates To Turn To Parallel Market
Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this resource on the…
Dollar Tiptoes Toward Inflation, Powell Testimony
Currency markets were on edge and the dollar a few ticks lower on Tuesday, ahead of U.S. inflation data which…
Stocks Simmer Near Record Highs Ahead Of U.S. Inflation Data
Global shares hung near record highs on Tuesday, buoyed by better than expected Chinese export data as markets…
Banks Tighten Grip On FX Market As Algo Trading Rises – Survey
Top global banks consolidated their stranglehold on the $6.6 trillion a day global foreign exchange market last…
Analysis: A Fine Mess: Weak Inflation Prompts A Global Central Bank Reset
It is an article of faith among central bankers that the decisions they make about how much money to create and…
Virus Woes And Tech Crackdown Hammer Stocks; Bonds Rally
Asian stocks fell to a six-week low on Thursday as an extended selloff in tech shares in Hong Kong and rising virus…
FTSE Russell To Remove More China Stocks From Indexes Over U.S.Ban
Global index publisher FTSE Russell said it will delete a further 20 Chinese companies from its indexes after user…
U.S. Stocks Edge Up After Fed Minutes, Bonds Steady, Dollar Firm
U.S. Treasuries prices maintained gains on Wednesday, holding down yields, and two stock indexes notched record…
S&P 500 Edges Higher, Holds Gains After Fed Minutes
The S&P 500 rose slightly on Wednesday and held its gains after the Federal Reserve released the minutes from…
Investing in Ethereum? What you need to know about it and why it’s not just…
As institutional investors become more comfortable with bitcoin, many have also taken an interest in…
Cramer questions why anyone would buy a Chinese IPO ever again after Didi debacle
CNBC’s Jim Cramer believes Didi Global’s post-IPO debacle may permanently change American investors’…
Nigerian Banks Stocks Cheaper Than African Peers – Report
Despite a significant rally in their share prices in recent time, share prices of banks qouted on the Nigerian…
Govt Removes Evans PLC, 3 Others From Stock Listing
The board of the Nigerian Stock Exchange, NGX, on Monday, announced the removal of Evans Medical Plc,…
Investors Seek Stable Business Environment To Forestall Investment Outflows
Bemoan low patronage as foreigners pull out N100bn from stock market in four months
…Blame insecurity, others…
Goldman Expands In Crypto Trading With Plans For Ether Options
Goldman Sachs Group Inc. is moving beyond the world of Bitcoin and expanding into Ether.
The bank plans to offer…