Browsing: Afrinvest

Foreign Investment Hits 3-Year Low as Nigeria Battles Currency Crisis. Total foreign investment inflow into the economy hits 3-year low as Nigeria battles currency crisis. The National Bureau of Statistics (NBS) data shows that total capital imported into Nigeria contracted 78.6% year on year and 7

Recession on Horizon as Key Indicators Worsen, NBS to release GDP data

‘Unemployment Rate Data Downplays Labour Market Condition’ Afrinvest, a leading investment firm headquartered in Lagos has said it discovered that…

Guinness Nigeria’s Profit Estimated to Drop by 86%, Downgrade to Sell. Guinness Nigeria Plc. is facing a very tough time, the brewer’s profit is projected to drop by 86% in 2020 as investment firm advised investors to dump the stock to avoid losing value.

Nigeria’s Ballooning Debt: Don’t Panic, China is not the Devil. Many Nigerians are

Bargain Hunting Increases NSE Market Cap, Investors Gain ₦8.2bn. Bargain hunting lifted the Nigerian Stock Exchange market capitalisation as investors’ fortunes rise by ₦8.2 billion on Wednesday.

FGN Bonds: Bearish Sentiment Resurface as Average Yield Advances. Bearish

Bargain Hunting Drives Equities Market Upward by ₦37.3 billion. Bargain hunting lifted the performance of the Nigerian Stock Exchange On Tuesday as the All Share Index gain 30 basis points to close at 24,097.48.

Analysts say FX Liquidity Pressure Looms Large in Banks. Analysts

Bargain Hunting Lifts NSE Market Cap by ₦60.4 billion.