Kyari: NNPC Deepens Investments in AKK, OB3, Others.
The Ajaokuta-Abuja-Kano-Kaduna (AKK) gas pipeline and the OB3 gas interconnector will accommodate five billion standard cubic feet of domestic gas…
Category: Investing
Four Days of Bearish Trading Result in Investor Losses of N674bn.
After four days of trading last week, investors on the Nigerian Exchange Limited lost N674 billion.Due to the Federal Government…
Norfund and 54 Funding Provide SAMANU with Growth Capital.
SAMANU is a platform firm that competes in the primary FMCG sub-sectors in Ethiopia with well-known brands (Tena Edible Oils,…
Indian Businesses Invests $19 billion in Nigeria.
Over 135 Indian companies have made a total of $19 billion in investments in Nigeria over the course of the…
Nigerian Market will Benefit from Canadian Real Estate Policy.
According to stakeholders, Canada’s decision to ban foreign real estate investors will have a positive effect on the real estate…
US Pledges to Invest $55 billion in Africa before the Summit.
As President Joe Biden gears up to host the U.S.-Africa summit this week and speak with a select group of…
TLG Plans Venture Debt Deals in Future Africa’s Portfolio.
A $25 million venture debt fund designated for portfolio companies is being launched by Future Africa, a venture capital firm…
Microsoft Plans to Acquire a 4% Stake in the London Stock Exchange.
In exchange for a 10-year contract to move the data platform of the exchange operator to the cloud, Microsoft (MSFT.…
Emefiele: Banks and CBN to Support Over N500 Billion in Nigerian Exports.
In an effort to increase non-oil export revenues, the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, stated that…
The World Bank Plans to Invest Sh306 billion in Kenyan Projects.
The World Bank will raise $2.5 billion (Sh306. 6 billion) for Kenya to finish a number of private-public partnership projects…
The African Development Fund Raises $8.9 billion for Low-income Nations in Africa.
The African Development Fund’s (ADF) development partners have agreed to contribute a total of $8.9 billion to the financing cycle…
Institutional Investors Are Buying Ether As Merge Event Approaches.
For seven consecutive weeks, Institutional investors have been investing heavily into Ether-based digital asset funds; as these products have recorded…
JPMorgan, Bank Of America Invest In L’ATTITUDE Ventures’ First Fund
L’ATTITUDE Ventures on Wednesday closed its first institutional fund raising over $100 million with an anchor investment; from Wall Street…
Indonesia Says Mitsubishi Motors To Invest About $667 Million Over Next Three Years.
Mitsubishi Motors Corp (7211.T) plans to invest about 10 trillion rupiah ($666.89 million) in Indonesia. This will be between 2022 and 2025,…
Cryptoverse: Venture Capitalists Bet Big On Crypto.
It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring…
In Argentina, Financial Risks Deepen Along With Investor Jitters.
Argentina’s debt sank deeper into distressed territory, in just the latest week of sour financial news. This highligted growing doubts…
The U.S. ITC Opens An Investigation Into The Trading Of Specific Fabrics With South Korea.
The U.S. International Trade Commission said it has launched an investigation related to the possible impact on the trade of…
Investors Of Nigerian Breweries Lose N27 Billion In A Trading Day.
Sustained sell pressure witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange; has resulted in shareholders of…
Bitcoin On Its Way To $32,000 As On-Chain Data Suggests Net Accumulation
Cryptocurrency bulls took over the market on Monday, with Bitcoin leading the charge, fighting its way through the $30,000 resistance…
Investments in Economic Zones Hits $20bn in 30 Years, Says Minister
The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, has said total cumulative investments in the country’s Free Economic…
FG seeks U.S funding for gas supply to Europe amid Russia boycott
The Federal Government on Thursday called on the United States Government to support Nigeria with funds to develop Nigeria’s natural…
Africa Prudential Announces Dividend Payment To Shareholders
Africa Prudential Plc has announced a dividend payment of N0.50 kobo per 50 kobo ordinary share for the financial year…
Nigeria: Market Capitalization Decreases
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 26…
Nigeria Records 32% Foreign Direct Investments Dip In 2021
Nigeria attracted a sum of $698.78 million as foreign direct investments (FDIs) in 2021, representing its lowest level on record.…
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 domestic investors to…
Areas Indian Investors Now Troop Into Tanzania
Indian investors are increasingly seeking investment opportunities in Tanzania in their quest to grab the opportunities that come with President…
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, at the weekend, urged…
Nigerian Stock: List Of Announced 2022 Dividend
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective…
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 through a…
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 safe-haven western…