Gains for FG’s economic policies as investors besiege KFTZ
The Kano Free Trade Zone (KFTZ) is a duty free industrial area where goods are brought into, manufactured, reconfigured for transshipment.
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Swing in investors’ confidence depresses capital importation
Capital importation into the country has remained depressed over the years following the swing in investors’ confidence in response to the nation’s macro-economic development.
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Investors lose £27m to crypto, forex scams
The Financial Conduct Authority (FCA) and Action Fraud are warning the public to be wary of investment scams carried out via bogus online trading platforms.
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Nigeria can generate $2bn annually from donkeys – Investors
The Donkey Skin Processors Marketers and Export Association (DSPMEA), has refuted claims by a United Kingdom-based group, the Donkey Sanctuary, that the Nigerian donkey specie is going into extinction.
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Edo unveils, links 30 startups to investors
In furtherance of its commitment to promote innovation, science and technology, the Edo State Startup Fund Initiative has unveiled 30 startups that have undergone business incubation, and are ready to benefit from funding from credible investors.
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ELECTION HICCUP: Investors lose N195bn in one day
The stock market yesterday recorded its highest loss in a day as the benchmark index, Nigerian Stock Exchange, NSE All Share Index, ASI, fell by -1.61 percent to close at 32,190.07 points following the uncertainties surrounding the postponement of Nigeria’s general election by the Independent National Electoral Commission, INEC, last weekend.
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Equities rebound as investors gain N334bn
ACTIVITIES on the equities market rebounded last week despite jitters in the political environment with investors recording N334 billion gains on their investment.
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Equities bearish trend continues as investors lose N89 billion
The equities’ market on Monday continued its bearish streak as the Nigerian Stock Exchange, NSE All Share Index, ASI fell 0.8 percent to 30,400.28 points while Year to Date, YtD return weakened to -3.3 percent.
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NNPC seeks investors for 10bn barrels untapped deepwater assets
The Nigerian National Petroleum Corporation, NNPC, yesterday, insisted that it has no plan to embark on a mass retirement of its staff, while it also assured of a stable supply of Premium Motor Spirit, PMS, also known as petrol during the Yuletide season and beyond.
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How investors can trade their Rights Issue
First and foremost, what is a Rights Issue? A Rights Issue is an offer to existing shareholders to purchase additional shares in a company during the company’s issue of new shares to raise additional capital.
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