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Institutional investors from the United States under the Institutional Investor Network have expressed interest in allocating their capital and exploring more direct investment opportunities in the Nigerian capital market. This …
US investors eye Nigerian capital market, urge regulatory reforms Read More
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Tuesday said Nigeria imported a total of about 23.5 billion litres of Premium Motor Spirit (PMS), also known as petrol, in 2022. …
Nigeria spent N4trn on fuel subsidy in 2022 – Official Read More
Trading activities on the floor of Nigerian Exchange (NGX) Tuesday returned to a negative trend, declining by N64 billion. Market capitalisation of listed equities declined by 0.17 per cent to …
Bears return as equity market sheds N64bn Read More
The Bauchi state government has signed a Memorandum of Understanding (MoU) with the Shandong Province of China to promote trade and investment, build industrial capacity, boost green energy to enhance …
Bauchi, Chinese province sign MoU to promote investment Read More
President Bola Ahmed Tinubu has lauded Indian investors for significant investment pledges amounting to nearly $14 billion committed during the Nigeria-India Presidential Roundtable and Conference in New Delhi, India. Speaking …
FG to Indian investors: Nigeria offers best returns on investments, lauds India’s $14bn business plan Read More
The Africa Network for Environment and Economic Justice (ANEEJ) has urged Houses of Assembly in Anambra, Bayelsa, Edo states and others lacking Social Protection Policies (SIP) to expedite the creation …
ANEEJ seeks increased investment in SIP Read More
Every investor expects returns which might be viewed as revenue, net income, profit, dividends amongst others. Committing funds into investment comes with huge risks, and most times, the return on …
Adopting REIT as an investment tool Read More
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct …
Telecoms investment in Nigeria now $75.6bn – Danbatta declares Read More
The Board Listings and Markets Committee of FMDQ Exchange has approved the quotation of MyCredit Investments Limited N2.50 billion Series 1 Commercial Paper (“CP”) under its N2.50 billion CP Issuance …
MyCredit Investment Ltd quotes N2.50bn CPs on FMDQ Exchange Read More
The Nigeria Export Processing Zones Authority (NEPZA) on Monday revealed a total of 52 Free Trade Zones under its supervision with a total of an estimated 35 billion US dollars …
NEPZA reveals 52 FTZs estimated at $35bn investment profile Read More
The Governor Central Bank of Nigeria (CBN), Mr Godwin Emefiele has urged Nigeria judiciary members to ensure entrenchment of a fair and just legal system, which will help attract much-needed …
Entrench fair, just legal system to attract foreign investment -CBN urges judges Read More
Peru was stripped of hosting the men’s Under-17 World Cup on Monday because FIFA said the country was not ready to stage the tournament later this year with Golden Eaglets of Nigeria …
FIFA U17 World Cup: FIFA withdraws hosting right from Peru Read More
Nigerian Exchange Limited (NGX) is set to launch Non-Depository Receipts (NDR) in its efforts to further deepen the Nigerian capital market. The Divisional head, Capital Markets, NGX, Mr. Jude Chiemeka disclosed …
Launch of non-depository receipts to deepen Nigerian capital market Read More
The People’s Democratic Party (PDP) governorship candidate in Lagos state, Abdul-Azeez Olajide Adediran, aka JANDOR, has commiserated with victims of the fire incident at Akere Motor Spare parts market, Kirikiri …
Lagos market fire: JANDOR commiserates with victims, urges protection Read More
Global investment in oil and gas went up 39 per cent to $499 billion in 2022. Analysts say, it is the highest since 2014, as well as a historic year-on-year …
Investments in oil and gas up 39% to $499bn in 2022 Read More
The Nigeria Investment Promotion Commission (NIPC) says it is developing a masterplan to attract more Foreign Direct Investments (FDIs) into the country. Hajiya Saratu Umar, Executive Secretary/Chief Executive Officer, NIPC, …
NIPC initiates masterplan to boost FDIs Read More
The proximity of Northern Cross River state to the North-central and North-east zones of Nigeria cannot be underscored. It is a geographical reality that Cross River state has to take …
Why Obudu International Airport is imperative Read More
The Nigerian economy will slump further in 2023 due to activities leading to the general elections. According to a Fitch Solutions Country Risk & Industry Research report, the economy would …
Fitch predicts slow economic growth for Nigeria In 2023 Read More
Local equities on Wednesday sustained growth profile, gaining N32 billion as sell off recorded in shares of Geregu, FBNHoldings, United Bank for Africa, Zenith Bank and others boosted activities in the market. …
Local equity market bullish, gains N32bn Read MoreTransactions on the floor of Nigerian Exchange (NGX) on Monday closed in a positive note, gaining N93 billion as gains in shares of Nigerian Breweries, Cadbury lifted activities in the …
Domestic equity closes on positive trend, gains N93bn Read MoreVolume of transactions on the floor of Nigerian Exchange on Monday declined by 85.37 per cent. The volume of activities went down by 602.654 million as Investors traded 103.266 million …
Volume of transactions at NSE dips by 85.37% Read More
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has described the Nigeria Sovereign Investment Authority (NSIA) partner of choice for the federal government of Nigeria in the …
NSIA partner of choice on execution of FG’s major infrastructure – Zainab Read More
The Securities and Exchange Commission has said that it is ready to collaborate with relevant stakeholders in its drive to ensure that illegal fund managers are not allowed to thrive …
SEC to partner stakeholders on ponzi scheme Read More
The Federal Executive Council (FEC) Wednesday approved the National Sports Industry Policy (NSIP) 2022-2026 that would transform sports into a revenue-generating sector. Minister of Sports and Youth Development, Mr Sunday …
FEC approves new policy to transform sports into revenue generating sector Read More
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more …
Africa co-guarantee partners reaffirm commitment to catalysing trade, investment Read More