Investors Archives — Page 3 of 6

November 13, 2022 No Responses

Nigeria woos investors To Sanitation Value Chain

Nigerian Government has called on national and foreign investors to maximise the business opportunities in the sanitation sector for the nation’s socio-economic development. The Permanent Secretary, Federal Ministry of Water Resources, Mrs Didi Walson-Jack, made this call in an interview...

October 29, 2022 No Responses

Investors Lose N388b On NGX

The Nigerian Exchange Ltd. (NGX) declined further on Friday as market capitalisation depreciated by N388 billion or 1.6 per cent to close at N23.918 trillion from N24.306 trillion on Thursday. Also, the All-Share Index (ASI) fell by 712.54 points or...

October 21, 2022 No Responses

New Core Investor Acquires Polaris Bank

A new core investor, Strategic Capital Investment Ltd. (SCIL) has acquired Polaris Bank, The Central Bank of Nigeria (CBN), disclosed on Thursday. A statement signed by Mr Osita Nwanisobi, Director, Corporate Communications and posted on CBN website on Thursda...

October 17, 2022 No Responses

Consider Nigeria Choice Investment Destination, Emefiele Urges Foreign Investors

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged foreign investors to consider Nigeria and other African countries as choice destinations for investment. According to a post on CBN Twitter handle, Emefiele made the call...

August 6, 2022 No Responses

Investors Recover N81b As Equity Market Closes Positive

Trading activities at the Nigeria equity market closed in a positive posture, as investors raked in N81.01 billion gain on Friday. Similarly, the gain made the market capitalisation close at N27.358 trillion from N27.276 trillion recorded on Thursday.&nb...

August 5, 2022 No Responses

Naira Gains Marginally At Investors, Exporters Window

The Naira on Thursday gained against the dollar at the Investors and Exporters window, exchanging at N428.12. The figure represented an increase of 0.25 per cent compared with the N429.20 it exchanged for the dollar on Wednesday. The open indicative...

August 4, 2022 No Responses

SEC Warns Against Unregistered Investments Crowdfunding Platforms

The Securities and Exchange Commission (SEC) has again warned investors about the activities of unregistered investment crowdfunding platforms. Crowdfunding is the process of raising funds to finance a project or business from the public through an online ...

July 27, 2022 No Responses

Economist Implores Investors On Taking Position

A Professor of Capital Market, Prof. Uche Uwaleke, has advised investors interested in the equities market to buy stocks in September and sell in January 2023 to reduce the impact of electioneering activities on investment. Professor Uwaleke gave the ad...

April 8, 2022 No Responses

UBA Assures Investors, Shareholders Of Sustained Growth

United Bank for Africa Plc (UBA) on Thursday assured shareholders and investors of its unwavering commitment to sustaining its current growth trajectory. The Group Chairman, Tony Elumelu, gave the assurance at the 60th Annual General Meeting of UBA at the...

March 9, 2022 No Responses

NEPZA Pledges Wider Corridor For Women Investors

The Nigeria Export Processing Zones Authority (NEPZA) has reiterated its commitment to provide wider business corridor for prospective women investors to access the country’s Free Trade Zones. A statement issued on Tuesday by Martins Odeh, Head, Corpor...

March 3, 2022 No Responses

Lagos Parking Authority Intensifies Enlightenment Campaign, Parners Local Govt, Investors

By Moses Ebosele, ebosele@hotmail.com — The General Manager, Lagos State Parking Authority (LASAP), Mrs Adebisi Adelabu has urged residents to support the State in curbing indiscriminate parking of vehicles across the metropolis.&nbs...

December 8, 2021 No Responses

CBN Earmarks N5b Loan For Investors

The Central Bank of Nigeria (CBN) on Tuesday released guidelines for its “Production and Productivity” initiative, through “100 projects for EVERY 100 days” project. Information in the apex bank’s website revealed that the initiative was design...

November 25, 2021 No Responses

Minister Urges Capital Market Investors To Take Advantage of Master Plan Initiatives

Investors in the capital market have been urged to take advantage of initiatives introduced in the capital market which are aimed primarily at strengthening the market and accelerating development. Minister of Finance, Budget and National Planning, Mrs Z...

November 17, 2021 No Responses

NGX Tasks Investors On Portfolio Diversification

The Nigerian Exchange Ltd (NGX) has stressed the need for diversification of portfolios by investors to ensure enhanced return on investment. The Divisional Head, Trading Business, NGX, Mr Jude Chiemeka, said this at the Retail Investors workshop organis...