- NGX to Introduce Volume-Based Price Rules in Major Market Reform
- FX Spread Surges as Naira Depreciates Across FX Markets
- U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
- Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
- United Nations Urges Africa to Boost Domestic Funding
- US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
- Nigerian Exchange Sheds N2.18trn as Dangote Companies Dip
- XRP Price Dips 6.2% on U.S. Federal Reserve Rates Hike Bets
Browsing: Investors
Equity investors in the Nigerian Exchange (NGX) gain N14 billion on Tuesday as the market sustains its rally. Today’s positive outing marks the eleventh consecutive session’s rallies seen at the local bourse
Vice President Yemi Osinbajo, on Tuesday in Abuja, said that the Federal Government (FG) had committed N50 billion toward positioning export-oriented businesses in Nigeria
The US dollar improved versus its major trading partners early Tuesday, apart from another small decline against the yen, ahead of the release of several data reports, including home prices, new-home sales, and consumer confidence.
The days of having a 4-6 player telecoms market on the continent are coming to a swift end…
Twitter has a deal to sell itself to Elon Musk for $54.20 per share, valuing the social media giant at around $44 billion. If successful, Musk’s Twitter takeover would be the largest take-private deal since Dell bought data storage company EMC for $67 billion in 2016, according to PitchBook data.
The African Development Bank (AfDB), says the African Development Fund (ADF) has invested 45 billion
Fitch Ratings has affirmed Stanbic Bank Uganda Limited’s (SBU) Long-Term Issuer Default Rating (IDR) at ‘B+’. It added that the rating outlook for the bank is negative.
The total private wealth currently held on the African continent is USD 2.1 trillion and is expected to rise
The United States 10-year treasury yield has gone from 2% to almost 3% in a few month and ING Economic analysts are skeptical whether the norm is done.
The average yield on Nigerian Treasury Bills and Federal Government (FGN) bonds were relatively steadied on Monday as market participants eye primary market auctions.
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