T-bills, Bonds Still Safest to Invest in — Ebo Turkson
According to Assistant Professor of Economics Prof. Festus Ebo Turkson, notwithstanding the government’s incapacity to pay its debts, Treasury securities,…
Category: investment
Foreign Investors Dump Over Four billion NSE Shares
In multi-year selloffs, foreign investors have sold nearly four billion Nairobi Stock Exchange (NSE) shares, making the stock market more…
Unilever Nigeria to Quit the Skin Care and Home Care Industries.
Unilever Nigeria’s Fast Moving Consumer Goods division has announced that it will leave the skin care and home care industries…
Nestle SA Invests N90bn in its Nigerian Arm.
Nestle South Africa, a food and beverage corporation, has purchased N90.29 billion worth of Nestlé Nigeria Plc shares. The transaction…
Guinea Insurance Gets Fresh N900m Capital
According to Guinea Insurance Plc, it invested around N900 million in its operations during the 2022 fiscal year. In addition,…
Dangote Cement Will Issue A Dividend Of N20 Per Share.
A N20 dividend per share has been declared by Dangote Cement at the conclusion of the 2022 fiscal year. This…
NIPC Intends To Draw More International Investment.
According to the Nigerian Investment Promotion Council, initiatives are being made to make Nigeria a popular place to invest. This…
A Majority Share in FSG is Purchased by Africa Lighthouse Capital.
As certain regional competition authorities applauded its proposed purchase of further shares in funeral services provider Funeral Service Group (FSG),…
Contributory Pension Assets Increased to N14.9 trillion.
The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from the National…
Classera Generates $40 Million Funds And Plans to Expand in Africa
The largest Series ‘A’ investment in EdTech history for an unfunded startup was successfully completed by Classera, a worldwide EduTech…
AfricInvest Purchases a Small Investment in Justrite.
An African private equity company, AfricInvest, has acquired a small share in the Justrite supermarket chain in Nigeria. The company…
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…
By 2025, SEC Expects to have Invested N5 trillion in Shariah Products.
Lamido Yuguda, the director general of the Securities and Exchange Commission (SEC), stated in Abuja that the recently released Capital…
ARUWA Capital Management Receives a USD 1.5 million Equity Investment
ARUWA Capital Management, based in Nigeria, has received a USD 1. 5 million equity investment from FSDAi Nyala Facility BV…
We will keep Cracking Down on Ponzi Schemes – Nigeria’s SEC.
In an effort to stop the operations of Ponzi schemes, the Securities and Exchange Commission (SEC) has reassured the investing…
Two Swiss Fintechs are Funded by J.P. Morgan Private Bank.
According to a statement released, J.P. Morgan Private Bank has invested in two Swiss fintech firms that specialize in software…
Nigeria is a Significant Long-term Investment Market.
Dr. Naledi Pandor, minister of international relations and cooperation, has referred to Nigeria as a significant long-term market for South…
Investors Rush As the Fed Government’s N100 billion Sukuk Closes.
The offer period for the federal government’s continuing sovereign Sukuk is coming to an end. Therefore, investors are scrambling to…
Investors, PowerChina, Swiber Africa set up $500m Agro-industrial Park in Abia State.
An agro-industrial park has been established in Abia State by PowerChina and Swiber Africa to promote industrialization and increase foreign…
Under Buhari, CBN Grants $3.5 billion for International Education.
Data acquired on Sunday from the Central Bank of Nigeria’s website indicated that under President Major General Muhammadu Buhari, the…
Nigeria is Driving Infrastructure Investment in Africa to Increase Gas Exports.
In order to increase the export of gas to Europe and other continents, Mallam Mele Kyari, Group Chief Executive Officer…
Nigeria Telecoms Sector has 500,000 Workers and has Invested $70 billion.
According to Prof. Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission, the telecommunications industry supports 500,000 employment.…
With 71 New Initiatives, Amazon Promotes Green Energy.
In an effort to utilize only renewable energy throughout its whole business by 2025, Amazon.com Inc (AMZN. O) announced that it…
UK And US Investments In Nigeria Decline By $242million.
Economic experts claim that the fall is as a result of a variety of factors. This includes insecurity and the…
Saudi Arabia To Invest $1 Billion In Pakistan.
Saudi Arabia plans to invest $1 billion in Pakistan, Saudi state TV reported. Saudi King Salman bin Abdulaziz had given…
$20 Billion Indian Investments In Nigeria – Foreign Minister.
Indian Minister of State for External Affairs Shri Vellamvelly Muraleedharan has disclosed that Indian investments in Nigeria amount to $20…
Nearly 67,000 Investors Lose Everything As Bitcoin Drops Below $24K.
Following weeks of occasionally encouraging, sometimes confusing economic indices; and company profits, investors are still in a wait-and-see mentality, as…
To Reduce Pollution, The United States Is Providing $1.66 Billion For New Buses.
The U.S. Transportation Department said it is awarding $1.66 billion in grants to cities and states to buy 1,800 buses…
Shareholders Vote To Oust Chair Of Trian UK Investment Firm.
Shareholders of UK investment trust Trian Investors 1 Ltd (TI1) (TI1. L) have voted at an extraordinary general meeting to remove Chris…
Asia Shares Increase As A Fed Rate Hike Approaches.
Asian shares pared losses as investor sentiment improved on China’s reported plans to tackle a debt crisis in real estate…