Investors Archives — City Business News

August 3, 2024 No Responses

Capital Market Investors Recover N219b

The equity market rebounded on Friday with N219 billion gain, closing the week’s trading sessions on a positive note in spite of the nationwide protests. The major drivers of the market’s positive performance included Zenith Bank, Access Corporation, Fidelity Bank,...

July 19, 2024 No Responses

NADDC Boss Renews Clamour For More Collaborative Engagements

To enhance the growth of the local automotive industry, the National Automotive Design and Development Council, NADDC, is to strengthen its collaboration with key Stakeholders’ to develop robust policies to boost local production and attract Foreign Dire...

July 6, 2024 No Responses

FG To Investors: Unlock Potential In Nigeria’s Non-Oil Sector

Citing attractive investment returns in Nigeria, Vice President Kashim Shettima has called for a significant shift from dependence on oil to other critical sectors The Vice President identified agriculture, manufacturing, renewable energy and digital inn...

May 12, 2024 No Responses

Analysts Place “Buy” On Fidelity Bank

Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to generate high returns for investors. Independent investment research reports by many market pundits reviewed at the weekend showed that F...

March 25, 2024 No Responses

Edo Woos More Private Investors In Solid Mineral Deposits, Others

The Edo State Commissioner for Mining and Energy, Enaholo Ojiefoh, has said that the State has surplus solid mineral deposits to host more than 20 more mega plants like the ones set up and operated by Dangote Group and BUA...

January 31, 2024 No Responses

NNPC Woos South Korean Gas Investors

The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The discussions which held in Seoul, South Korea, yesterday were...

January 22, 2024 No Responses

ExxonMobil Sues Investors

Oil giant ExxonMobil has sued climate activist investors in a bid to prevent their climate proposal from going to a vote at its annual investor meeting. The complaint is against Follow This and Arjuna Capital, which have called on Exxon...

January 16, 2024 No Responses

Investors Gain N874b As Indices Increase By 1.92%

The Nigerian Exchange Ltd., (NGX) on Monday traded on a positive note, as the All-Share Index rose strongly by 1.92 per cent or 1,597.93 points. Specifically, the All-Share Index settled at 84,640.89, as against 83,042.96 achieved on Friday. Also, investors...

January 11, 2024 No Responses

NGX All-Share Index Drops By 1.4%, Investors Lose N638b

The Nigerian Exchange closed trading on Wednesday on a negative note, due to price depreciation posted by Tier-one bank stocks and some others. Consequently, the All-Share Index declined by 1,167.46 or 1.4 per cent to close at 82,024.28, as against...

November 12, 2023 No Responses

Saudi Arabia Opens Doors To African Investors

The Kingdom of Saudi Arabia is opening its doors to African investors and companies to benefit from the huge investment opportunities provided by the Kingdom’s Vision 2030 mega projects, a resolution from the Saudi-Africa Summit, indicates. The Kingdom, whil...

October 6, 2023 No Responses

Exchanges Ring The Bell Globally To Support Investor Education, Protection

The World Federation of Exchanges (WFE) is organising the annual Ring the Bell for Financial Literacy, to promote awareness of the role and importance of investor education and protection – both fundamental priorities for regulated public markets. A glo...

October 5, 2023 No Responses

At Okomu Oil, Edo Govt Reiterates Support For Investors, Ease Of Doing Business

The Edo State Government has assured private businesses and investors of its plans to remove all encumbrances associated with the ease of doing business in the State. The Edo State Commissioner for the Ministry of Business, Trade and Cooperatives, Hon....

April 26, 2023 No Responses

Investors Gain N137b On Capitalised Stocks

Equities market opened the week on Tuesday on a green note with a gain of N137 billion. Market capitalisation gained N137 billion to close at N28.1 trillion as against the N27.963 trillion posted at the last trading session on Thursday....

April 18, 2023 No Responses

Stock Market Investors Lose N418b

The equities market on Monday opened the week on a negative note, shedding N418 billion due to losses in largely capitalised stocks. The All-Share Index decreased by 766.56 per cent, representing a decline of 1.48 per cent, to close at...