Forex: Turnover in I&E rises by 38% to $4bn in July
THE volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market rose sharply by 38 percent, month-on-month, to $4.12 billion in July from $2.9 billion in June, 2019.
Investors’ losses in stock market hit N701 bn
CAPITAL market operators, under the aegis of Association of Stockbroking Houses of Nigeria (ASHON) have decried the volatility in the stock market which has led to loss of over N701 billion or 5.2 percent of investors’ investment for the eight month period ended August 29, 2018, blaming it on heated political environment.
Investors’ apathy hits Nigeria’s oil industry, investments drop to $25m
A significant decline was recorded in foreign investment inflow into the Nigeria’s oil and gas industry in the second quarter of 2018, as total capital imported into the industry between April and June 2018, dipped by 70.98 per cent, compared with the amount imported in the first three months of the year.
Investors’ lament woes in Lagos Free Zone
The challenges facing investors operating in the Lagos free zone appear to be persisting despite last week’s intervention by Vice President Yemi Osinbajo.
Investors yet to access N50bn MSMED fund — CBN
The Central Bank of Nigeria, CBN has said that out of the N220 billion Micro, Small and Medium Enterprises Development, MSMED, Fund available, about N50 billion is still available for easy access.
Bearish market persists as lose N124bn
The bearish trend sustained its hold in the stock market on Tuesday as the Nigerian Stock Exchange, NSE market capitalisation, (value) dropped further by N124 billion.
FG opens online portal for investors
The Federal Government has launched an up-to-date online portal, `iGuide Nigeria’, containing necessary information and relevant data for willing investors.
Investors lose N71.1bn on profit taking activity
Investors lost N71.1 billion in value this week following a sustained profit taking in the market bellwethers.
Investors lose N17bn on sell-off in value stocks
Sentiments turned bearish on the Nigerian stock Exchange, NSE, today following late sell-off in value stocks, which resulted in loss of N17 billion to the investors.
Investors flood Enugu for business opportunities
New investors have made presentations to Enugu State Executive Council (EXCO) on the possibility of establishing businesses in the state following the investment drive of Governor Ifeanyi Ugwuanyi.
Investors stake N142. 8bn on FGN bond
Investors have continued to demonstrate high appetite for Federal Government of Nigeria (FGN) bond, staking N142.81 billion so far in the March 2018 series.
Ambode in Japan to woo investors
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday held a meeting with the Japan-African Union Parliamentary Friendship committee in Tokyo, an influential group in the Japanese parliament.
Investors lose N506 billion as prices of 60 equities nosedive
Investors in the Nigerian Stock Exchange, NSE, lost N506 billion of their investment this week following price loss in 60 companies.
Investors’ wealth down N84bn on price drop in 42 equities
Investors in the Nigerian Stock Exchange, NSE, today recorded N84 billion losses on their investment as price of 48 equities, led by Lasaco Assurance Plc and Japaul Oil and Maritime Services Plc, depreciated in price.
ECONOMY: We’re trusting CAC to attract more investors
THE Senate has expressed optimism that the Corporate Affairs Commission, CAC, is capable of attracting more investors into the country through the Ease of Doing Business.
Retail investors have opportunity to grow our market — Ugoji
Ms. Kaodi Ugoji, Vice President & Divisional Head, Corporate Planning, FMDQ Plc, in this interview with Vanguard during a workshop for Capital Market Correspondents held in Lagos spoke on issues affecting the capital market and the econom
