11/14/2022
FUGAZ investors gained N25 billion combined during the week
The NGX banking index appreciated by 0.17% from 370.98 last week to close at 371.61 points.
Alternative Investments
11/14/2022
FBNQuest Highlights Importance of Equity, Quasi-equity Financing Options
The interaction included a presentation by Head of the Equity Research team of FBNQuest, Tunde Abidoye, on the prospects for Nigeria’s macro economy, highlighting the outlook for public debt, the exchange rate and inflation.
11/14/2022
United States, Nigeria to deepen business partnership
The partnership will further create jobs, promote economic diversification objectives, and enable vital direct connections between U.S. investors and their Nigerian counterparts.
11/14/2022
BOI Wins Four International Banking, Sustainability Awards
Our dedication to building a resilient organization that can respond to the needs of our customers and operating challenges is unwavering.
11/11/2022
Safaricom half-year profit drops to Sh33.5bn on Ethiopia entry costs
The company also pointed to a tough macroeconomic environment for the slowdown in earnings, where high inflation arising out of global shocks has slowed down consumer spending.
11/11/2022
Wigwe acquires more Access Bank shares, expands control
On Tuesday, Wigwe also bought 37.5 million shares worth N303,750,000, bringing the total amount he invested into Access Bank this year to N975.52 million.
11/11/2022
Kenya, South Africa resolve trade barriers
The removal of the trade barriers agreement is part of four instruments signed between President Ruto and President Ramaphosa to foster cooperation.
11/10/2022
Nigeria eyes $1.9trln to meet net zero target by 2060
Government plans to spend $135 billion on infrastructure and $150 billion on power projects
11/10/2022
Investors bag highest returns in October bond sale
The average rate of the accepted bids was 13.94 percent, against an average of 14.03 percent demanded by investors.
11/10/2022
In post-Truss economy, what’s next for MENA investments in UK real estate?
Investors in the region can benefit from a “double whammy” of lower real estate prices and a weak pound
11/09/2022
Kenya secures Sh3.6 trillion in investments at Egypt summit
Kenya is providing the leadership for Africa to be front and centre of the solutions to the challenge of climate change and not just a victim.
11/08/2022
IMF Outlines Priority Areas to Boost Africa’s Economic Growth
Eyraud explained that growth in the region was expected to decline from 4.7 per cent in 2021 to 3.6 per cent in 2022
11/08/2022
AXA Mansard receives double awards
“We are a customer-focused company, so we know that to deliver the best services and products to our customers, the diversity of the male and female gender is essential. So, we had to give the women as many opportunities as any other gender”.
11/07/2022
Africa Investment Forum 2022 Draws $31 Billion in Investor Interest
Combined with $32.8 billion from the rescheduled 2021 Africa Investment Forum Market days—which took place as virtual boardrooms in March this year—the forum has mobilized a total of $63.8 billion of investment interest this year.
11/04/2022
ENSafrica recognised for African PE contributions over the last decade
PEA celebrates the leading firms in the private equity space at their annual PEA Awards.
11/04/2022
Pension assets fall Sh33bn on bonds, equities hit
Property investments in the period also dropped by Sh10.8 billion to Sh243.7 billion.
11/04/2022
African Bank completes acquisition of Ubank, integration underway
Chairman of the board of African Bank Thabo Dloti said a key part of the integration process will be providing growth opportunities for staff across the unified business.
11/03/2022
South Africans are living dangerously with R34-trillion shortfall in cover
New study shows adult working population does not have sufficient cover for sudden, life-changing events such as death or disability
11/03/2022
How election affected flow of money in personal wallets and banks
The rise also points to the possibility that politicians withdrew large sums to facilitate their campaigns.
11/03/2022
Africa is open for business, continent’s leaders tell investors as Africa Investment Forum kicks off
President of Cote d’Ivoire Alassane Ouattara expressed the hope that Market Days 2022 would break the $100 billion threshold in investment interest. Vice President Tiemoko Meyliet Koné delivered his remarks.