Your actions, not words will attract foreign investors, Aisha Yesufu tells FG
Popular socio-political activist, Aisha Yesufu, has said no amount of foreign trips by government officials can attract investors until the country provides the atmosphere for investments.
Dangote Cement woos investors with N100bn issue
By Peter Egwuatu Dangote Cement Plc is seeking to raise up to N100 billion in fresh funds from the bond market, under its N300 billion Debt Issuance Programme. According to the investor presentation document prepared by the company, themed ”Building Prosperity in Africa,” the funds from the debut offering in the bond markets are to […]
COVID-19: Sell pressures persist as investors lose N99bn in 2 days
By Peter Egwuatu Sell pressures continued in the stock market as fear of Coronavirus (COVID-19) remains unabated with investors losing over N99 billion in the first two trading days of the week. The market capitalisation, which represents the value of shares in all the companies quoted in the Nigerian Stock Exchange, NSE, declined to N11.747 […]
Our business environment must make case for itself to investors ― Osinbajo tells agencies
In order to ensure government’s efforts in improving the business climate in Nigeria are translated into long term sustainable growth for the economy, stakeholders in the public and private sector will need to redouble their reform efforts, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this on Wednesday evening at the 3rd edition […]
UFC fighters rage over low pay while investors reap big dividends
Former fighters at the Ultimate Fighting Championship are fuming over multimillion-dollar payments recently handed out to the league’s rich and famous investors. A main target of their ire is UFC’s president, Dana White, a hulking, 50-year-old former boxer whose generous tipping habits have reportedly “changed people’s lives.” As The Post reported earlier this month, roughly […]
Buhari to foreign investors: We’ll protect your investments
President Muhammadu Buhari, on Tuesday, assured foreign investors in the country of the safety of their investments and government support at all levels.
BEARISH TREND: Operators advise investors to be cautious
OPERATORS in the capital market have called for caution in stocks investment as the equities market closed in fourth consecutive week of bearish trend, resulting in loss of N188 billion to investors.
Investors stake N458.2bn for N140bn FGN Bond
Emma Ujah – Abuja Bureau Chief The appetite of investors to take up Federal Government Bond has remained unabated, as they staked a total of N458.2 billion for the N140 billion bond put on offer by the Debt Management Office (DMO), yesterday. The auction exercise was also characterised by a reduction in the allotment rates […]
Investors lose N153.6 bn amid sell-offs in blue-chip companies
Investors in the nation’s stock market on Monday (today) lost over N153.6 billion of their investment following the sell-offs of blue chip companies on the Nigerian Stock Exchange, NSE.
Recapitalisation: MfBs canvass regulatory support to attract investors
MICROFINANCE Bank (MfBs) operators have advocated the need for regulatory support to attract investors in their bid to meet the April 2020 deadline for recapitalisation.
Investors lose N143.4bn as NSE sheds 1.1% amid bearish run
Investors in the equities market today (Tuesday) lose over N143 billion as the Nigerian Stock Exchange, NSE All Share Index, ASI dropped by 1.1 percent or 111 bases points, bps to close at 26,384.21 points.
UK targets largest G7 investor in Africa by 2022, attracts major investors
The United Kingdom Department for International Trade, in collaboration with the City of London, have highlighted opportunities in some of the many viable projects in the West African nation across the Agriculture, Energy, Healthcare, Infrastructure and ICT sectors, while hosting over 100 Nigerian businesses and potential UK investors at an investment showcase in London,
Investors wary as social unrest spreads from Hong Kong to Santiago
Social unrest worldwide is alarming some global investors, who say protests from Hong Kong and Lebanon to Chile are forcing them to be more cautious even though the impact on financial markets has been spotty so far. Investors at the Reuters Global 2020 Investment Outlook Summit last week were particularly concerned about Hong Kong, where […]
High debt service, budget deficit, insecurity discouraging investors — Financial experts
Some financial experts on Monday attributed the incessant lull on the Nigerian Stock Exchange (NSE) to various economic dislocations in the country. The financial experts, who spoke to Newsmen in separate interviews in Lagos, noted that uncertainties in the economy were discouraging investors from investing in the market.
Nigeria should work at winning back investors who left for neighbouring countries – MWUN, President General
President General of the Maritime Workers Union of Nigeria, MWUN, Adewale Adeyunju recently spoke with Vanguard Maritime Report’s Godfrey Bivbere on the faceoff with the OICs, the traffic gridlock and the role played by shipping companies and terminal operators, dockworkers pay and much more.
Ease of doing business: Investors abandon Nigerian ports, for neighbouring countries
THREE years after the Presidency issued the Presidential Order on the Ease of Doing Business, the initiative has failed to meet its objectives as Nigerian importers have continued to patronize ports of neighbouring countries
