Investors

Nigeria’s stock market recorded its first positive this week, closing high by 0.17percent on Wednesday, June 17. Investors booked about N22billion gain. This happened as some fundamentally sound stocks started seeing renewed interest as…

The March 2020 record selloff in emerging-market stocks and bonds has gone into reverse. But overseas investors are flocking only to the least risky assets in the least troubled regions, suggesting their worries haven’t been put completely…

Oyo State government has signed a Memorandum of Understanding (MoU) with four private investors toward the development of Real Estates in the state through concessional agreement. The concessional agreement would see the…

Investors net worth appreciated by N233 billion on the Nigerian Stock Exchange (NSE) on Friday,  following gains achieved by some blue chips. The News Agency of Nigeria (NAN) reports that the market capitalisation which opened trading at…

The Aare Ona Kankanfo of Yoruba Land, Iba Gani Adams, on Monday said that the successful implementation of ‘Amotekun’ would attract more investments to the six states in South-West. Adams said this while addressing newsmen on the…

The decline at the Nigerian Stock Exchange (NSE) is far from over as investors incurred N713bn loss in April. April started with a market capitalisation of N11.672tn and an All-Share Index of 31,041.42 basis points, while it ended with a…

Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, said on Wednesday it had raised $1.25 billion from six global investors including SoftBank Group Corp, Warburg Pincus LLC and Temasek Holdings (Private) Ltd. The fundraising,…

The Akwa-Ibom State Government has sued the Economic and Financial Crimes Commission, EFCC to court over the freezing of the state account by the anti-graft agency. The government of Akwa-Ibom slammed a N50 billion law suit against the…

The Board of Commissioners of the Nigerian Communications Commission has met on the ongoing process to sell 9mobile formerly known as Etisalat to new investors. The details of the meeting were sketchy as of the time of going to press but…

The Ondo State government and a group of foreign investors have unfolded plans to raise a new generation of millionaires through cattle ranching and livestock farming in the state. The investors, under the name of Peace Aid Project,…

An industrialist, Chief Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country. Elumelu, the former Chief Executive of United…

Investors are beginning to show renewed interest in Nigeria’s economy, Dr Jumoke Oduwole, the Secretary, Presidential Enabling Business Environment Council (PEBEC), has said. Oduwole, who also serves as the Senior Special Assistant to…

Federal Capital Territory Minister Muhammad Bello has invited investors to take advantage of business opportunities that would be offered by the completion of the FCT Light Rail Mass Transit System. Bello said on Sunday in Abuja, during…

Vice President Yemi Osinbajo on Monday declared that Nigeria was an investors’ delight as the Buhari Presidency was making specific efforts to enable the private sector to thrive. Prof Osinbajo stated this at the Financial Times Africa…

 Oil prices rose on Friday as investors bet that efforts to cut a global glut are working and that the demand outlook is improving. U.S. crude was down 8 cents at 51.48 dollars a barrel after earlier rising slightly. Still the contract is…

President of Dangote Group, Alhaji Aliko Dangote, has said that kidnapping and other security challenges are reasons why investors are running away from the country Dangote made this known at the ongoing Agric Expo and Conference.…

Vice President Yemi Osinbajo says the Federal Government will partner with genuine investors in the housing sector to bridge the country’s housing deficit. Osinbajo made the pledge in Abuja on Tuesday at the opening ceremony of a Housing…

President Muhammadu Buhari on Tuesday in Kaduna inaugurated Africa’s biggest hatchery and feed mill constructed by Olam Grains at the cost of over 150 million dollars. Buhari, who inaugurated the company, had his speech read by Minister of…

Investors net worth dropped by N116 billion in the month of August occasioned by profit taking in spite of impressive half year results, the News Agency of Nigeria (NAN), reports. A monthly data obtained by NAN from the Nigeria Stock…