China Belt & Road Spending Dips In H1, With No Investment In Russia.
China’s finance and investment spending in Belt and Road countries fell in the first half compared to a year earlier.…
Category: investment
Rogers To Invest C$10 Billion In AI, Testing After Massive Outage.
Rogers Communications Inc (RCIb.TO)said it will invest C$10 billion ($7.74 billion) over the next three years in Artificial Intelligence; and…
Amazon Strikes $3.5 Bln Deal For One Medical In Long March Into U.S. Healthcare.
\Amazon.com Inc (AMZN.O) agreed to buy primary care provider One Medical (ONEM.O) for $3.49 billion. Expanding the e-commerce giant’s virtual…
Gold Drops Below $1,700 An Ounce, Lowest Level In Over A Year Amid Anticipated Interest Rate Hike.
The price of gold declined in London, reaching its lowest level in over a year. As investors anticipated interest rate…
CIC Halts Land Sale On Lukewarm Interest.
CIC Insurance Group has postponed the sale of its subdivided 200-acre land in Kiambu to next month after the August…
Airtel Shareholders Earn N3.6 Trillion Year-To-Date On Positive Sentiment
Positive sentiment witnessed on shares of Airtel Africa Plc since the beginning of the year;has resulted in investors of the…
FUGAZ Investors Gain N17 Billion Combined During The Week
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ; appreciated by 0.77% to…
Dangote Cement Signs 5-Year Agreement On Development With Host Communities
Dangote Cement has signed a five-year community development agreement with its Ibese Plant host communities in Ogun State. The contract serves as…
Investors Selling Off Investments In Oil Futures Over Recession Fears
Hedge fund managers are selling off oil futures amid fear that projected recession could cause demand for the commodity to…
Fidson Plans N1 Billion Dividend Bonus Shares For Shareholders
Fidson Healthcare sets to pay shareholders over N1 billion in dividends and also issue them one new share for every…
Over 20% Of Toshiba Investors Against Activist Fund Execs, Dissident Director.
More than 20% of Toshiba Corp (6502.T) shareholders voted against a dissident external director and two board directors from activist…
Corporate Trustees Give Safety Tips On Investments.
The Association of Corporate Trustees has said that trustees play a relevant role in; ensuring capital market investment protection in…
China Proposes Rules To Regulate Private Pension Investment Via Mutual Funds.
China’s securities regulator proposed rules to regulate private pension investment via mutual funds. Setting the criteria for qualified products and…
Investors Lose N247.62 Billion In Two Top Nigerian Banks Year-To-Date As Sell Pressure Intensifies
Sell pressure witnessed on shares of the top two Nigerian banks in market capitalisation Zenith Bank Plc and GTCO Plc…
Manufacturers Reduce Investment By 61%, Borrowing Cost Hits 22%
Nigerian manufacturers reduced their investments in the economy by 61% between 2018 and 2021. This from economic reviews of the…
Despite Negative Yield, Investors Oversubscribe CBN’s June 2022 T-Bills By 527%
Nigeria’s high inflation rate has permitted a negative yield in the fixed income market. A whopping 527% oversubscribed the Central…
Asia Shares Slip, Hard To Dodge Recession Risks
Asian shares slipped on Monday and Wall Street futures eked out slight gains amid worries the U.S. Federal Reserve would…
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…
DrinksDirect.NG and Cane Integrated Investment Ltd. partner to empower women and young adults
Have you been wondering how to kickstart your business journey and you’re unable to raise capital? Do you own or…