11/27/2018
At the present market value, Carlyle’s participation in Diamond Bank is worth $10.9 million because the share’s prices never exceeded purchase price and yield per share has been negative.
11/26/2018
Also during the week, the agenda-setting Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to retain all policy rates during its last meeting for the year.
11/26/2018
The reason in turn for so many Old Mutual shareholders dates back to their de-mutualisation and subsequent listing of the company back in 1999
11/26/2018
Citigroup, Barclays also among eight bankers hired for the share sale
11/23/2018
Rand Merchant Bank Holdings chairman Jannie Durand acknowledges shareholder concerns over growing discount of share price and value of underlying assets
11/23/2018
Finding innovative ways to mobilise capital to tackle development issues is a priority for us.
11/22/2018
Risk, or at least the perception of it, has long been a major impediment to attracting foreign direct investment in Africa.
11/21/2018
The report further stated that some of the money was invested in agency bonds, supra-national bonds, commercial papers, foreign money market securities, and open/close-end funds.
11/20/2018
According to the report, houses and apartments on top-end residential estates in SA have outperformed the generally constrained local market.
11/20/2018
The contributions are spread across sectors, and they create revenue and jobs in a quest to meet the Vision 2030.
11/20/2018
Mauritius certainly has further room for development
11/19/2018
The fund will set up a special purpose vehicle and conduct an initial public offering through a dual-listing on the London Stock Exchange and the local bourse, he said.
11/19/2018
Treasury has projected the capital intensive sector to register a 26 percent growth driven by strong performance in gold, coal, chrome and diamonds.
11/19/2018
For the big banks, if they grow at five per cent, they are very happy but our growth at 20 per cent, we are not happy because we have not got to the saturation point that we should.
11/16/2018
The managing director said that the company had been able to manage and invest both its RSA and retiree funds properly, such that its unit price had been growing steadily on a monthly basis.
11/16/2018
Too many people cash in savings early – or simply don’t think about their future financial requirements until it is too late
11/16/2018
The use of blended finance to scale up investment is increasingly popular in Africa, a forum has concluded.
11/16/2018
She also lauded the IAPM for its role in the development of the Nigerian financial and capital market ecosystems.
11/15/2018
Islamic finance is based on profit and risk-sharing and prohibits the collection and payment of interest.
11/15/2018
Art X Lagos has built a platform that has helped solidify Lagos as an art capital, and projected the works of many Nigerian and African artists.