Tag: Investors
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Investors stagger as Nigerian stock market sheds N70 billion in sharp decline
Panic gripped the trading floor on Wednesday as a wave of sell-offs wiped a hefty N70 billion from the Nigerian stock market in a single session, leaving investors rattled.
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Investors invited as Nigeria unveils $500 Million bond, subscription open until August
The Federal Government of Nigeria has officially launched a $500 million dollar-denominated bond, available for subscription starting August 19, 2024. This follows the government’s earlier announcement of its intention to issue the bond as part of its financing i
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Trading continues on NGX amid strike, investors lose N102.55bn
Opening the week, the equity market halted last session’s winning streak as investors lost N102.55 billion, following sell-offs in Tier-one banking stocks and cautious trading. Specifically, sell-offs in FBN Holdings, United Bank For Africa (UBA) and Access Corporation,
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Tottenham Hotspur in discussions with prospective investors
Tottenham Hotspur are in discussions with prospective investors to capitalize on the club’s long-term potential, Chairman, Daniel Levy has said. The Premier League club’s total revenue for the financial year to June 30, 2023 exceeded half a billion pounds ($628 million) for the first time, with the figure of 549.6 million pounds a significant increase…
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Investors’ worth lifted by N85 billion on NGX
Increased buying interest in the shares of some banks, especially Zenith Bank and Access Holdings lifted investors’ worth on the Nigerian Exchange Ltd. (NGX) by N85 billion.
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Judiciary alone can build investor’s confidence in Nigeria – Tinubu
President Bola Tinubu has said that the judiciary alone can build the confidence of both local and international investors to bring in investments into Nigeria. The president made the assertion on Monday in Abuja while declaring open
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Equity market soars as investors gain N409 billion
Investors in the equities market gained N409 billion as the Nigerian Exchange Limited witnessed a slight increase in trading activities in the past week, resulting in the All-Share Index rising by 1.12 per cent week-on-week to reach 67,200.69 points. The market capitalization of listed equities also saw a 1 per cent increase week-on-week, reaching N36.919…
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Delta rep. bolsters investor ties for youth empowerment
The Member of the House of Representatives representing Ndokwa/Ukwuani Federal Constituency Nnamdi Eziechi, has reiterated his commitment to fostering strong partnerships between investors and the Delta State government. During a visit to Asaba by investor teams, he assured them of the state government’s dedication to generating employment opportunities for the youth, adding that Delta State…
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“This is the best time to invest in Nigeria” – Elumelu tells Indian investors
Heirs Holdings Group Chairman, Tony O. Elumelu C.F.R., urged the Indian private sector to seize the opportunity to invest in Nigeria, during the Nigeria- India Presidential Roundtable and Conference on Wednesday, September 6th, 2023, i
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G20: Tinubu begins meeting with Indian investor
President Bola Tinubu has started a meeting with an investor in India as part of his official visit to the country ahead of the G20 Summit on Saturday and Sunday. A statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and