The U.S. May Already Be in a Recession
Let’s just say it: The longest economic expansion in U.S. history may already be over,…
Category: Investing
Traders Dust Off Old Disaster Hedge With Virus Fear Escalating
When markets are in turmoil, traders turn to their favourite hedges. They’re going for a…
US markets in sharp drop amid rollercoaster over coronavirus
US stock markets closed sharply lower again on Thursday as fears about fallout from the…
Unity Bank seeks more investment in creative industry
Unity Bank Plc has advocated more investments in the creative industry to drive its contribution to…
No more reward for bogus investors – Ahmed, Finance Minister
For bogus investors, the honeymoon is over! It is not going to be business as usual…
Sanwo-Olu lauds Afriland’s Investment in Infrastructure
LAGOS State Governor, Babajde Sanwo-Olu has praised Afriland Properties Plc for the renovation and inauguration…
Investment Alert: The FGN Savings Bond is now open for subscription
The Federal Government of Nigeria, through the Debt Management Office (DMO), yesterday announced the opening of the…
Total Is Said to Bid for Stake in $7.4 Billion U.K. Wind Farm
French oil company Total SA is among the final bidders for a stake in an…
Citadel, BlackRock, and D1 Capital are racking up hundreds of millions in gains as coronavirus fears tank airlines, cruises, and movie-theater stocks
What might end up being the worst week for stocks in over a decade hurt…
Warren Buffett discussed Apple, bitcoin, coronavirus, and Bernie Sanders in an interview this week.
Warren Buffett is renowned for making witty and insightful comments that many investors turn to…
FG facilitates $20m tech fund, N90bn agripreneur loan
To further drive its support for micro, small and medium enterprises (MSMEs), the federal government…
Dangote Fertiliser starts pre-testing of $2bn plant before inauguration
Dangote Fertiliser Limited has started the pre-testing of its $2 billion Granulated Urea Fertiliser plant…
Twitter founder, Jack Dorsey donates N2.3 million to Nigerian startup, DevCareer
Twitter founder, Jack Dorsey, has donated £5,000 ($6,437) in Nigeria’s nonprofit software startup, DevCareer. The fund from…
FG plans more incentives to boost capital market
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has promised that the federal…
Foreign Portfolio Investors inject $1.7bn into I&E window
FOREIGN Portfolio Investors (FPIs) injected $1.7 billion into the Investors and Exporters (I&E) window in…
Dangote invests N63bn in Enugu-based automaker, buys 3,500 trucks
Dangote Group has entered into a long-term agreement with an Enugu-based automaker, Transit Support Services…
‘Infrastructure development in Lagos will boost diaspora investment’
Governor Babajide Sanwo-Olu has said the ongoing infrastructural development programme of the Lagos State Government,…
How underwriters’ earnings renew investors’ hopes
Determined to increase the shareholders’ confidence in the nation’s insurance industry, the 2019 underwriting performance…
Aella Credit raises $10 million debt financing round from Singapore
Aella Credit said it has secured a $10 million debt financing round from Singaporean company…
How N7.5 billion GPW will boost policy holders’ confidence
As insurers express commitment to the ongoing industry recapitalisation exercise, they have explained that a…
Investors still wary despite Finance Act’s facelift
Until the numbers begin to fall in place and infrastructure investments that are needed to…
Tony Elumelu Foundation disburses first tranche of $5million partnership commitment from African Development Bank
Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and its President, Akinwumi…
Recapitalisation: Insurance stocks dormant despite deadline extension
THE shift in the deadline for insurance firms to beef up their capital in compliance…
Finance Act will boost securities lending, REITs investment on capital market — Onyema
The Nigerian Stock Exchange (NSE) says securities lending will witness exponential growth with the elimination…
How Nigeria gained $1 billion investments in Auto industry within a year
Nigeria’s automobile industry received a boost with over $1billion investments from renowned auto manufacturers in…
AfDB approves $22 million loan to boost SMEs operations
The board of the African Development Bank (AfDB) has approved the sum of $22 million…
FG offers $1.1billion Agric mechanisation scheme
No less than 100,000 youths are to benefit directly from the Federal Government’s $1.1bn agriculture…
NSE Employees Donate Funds To Support WARIF Foundation
As part of its Employee Give-Back initiative, employees of The Nigerian Stock Exchange (“NSE” or…