investment

Nigeria’s Economy Now Stable and Investor-Friendly – Federal Government The Federal Government has declared Nigeria’s macroeconomic environment more stable and appealing to investors, following key reforms implemented by President Bola Tinubu’s administration. The Minister of Finance and...

Nigeria’s Investment Appetite Soars: Mutual Funds Skyrocket by 89.5% to N3.8 Trillion Date: November 19, 2024 By: Peter Egwuatu Nigerians are embracing secured investments at an unprecedented rate, with the Net Asset Value (NAV) of Mutual Funds reaching an impressive N3.781 trillion in early...

Beta Glass Reaps Profit Gains from Strategic N15.3 Billion Investment in Nigeria Summary: Beta Glass, a prominent glass container manufacturer in West and Central Africa, announced that its N15.3 billion investment in 2019 has significantly boosted profitability, increased its workforce, and...

IFC and CBN Partner to Boost Nigeria’s Economy with $1 Billion Local Currency Investment Initiative Detailed Breakdown: The International Finance Corporation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have announced a new partnership aimed at strengthening...

Experts Warn Shell’s Divestment Block Threatens Nigeria’s Investment Appeal Detailed Breakdown: The Nigerian government’s recent decision to block Shell’s $2.4 billion divestment of its onshore oil assets has raised concerns among industry experts, who warn that the move could negatively affect...

FLOUR MILLS OF NIGERIA TO INVEST $1 BILLION OVER FOUR YEARS IN MAJOR EXPANSION PLAN Investment Announcement: Flour Mills of Nigeria Plc, the largest milling company in the country, revealed plans to invest $1 billion over the next four years to expand its production facilities. The company...

10 ESSENTIAL TIPS FOR SMART INVESTING AND TRADING: STAY INFORMED AND STRATEGIZE 1. Set Clear Investment Goals: Whether you’re investing short-term or long-term, defining your goals can help guide your decisions. Are you focusing on capital appreciation, income generation, or wealth...

Blackstone Inc. envisions the private credit market growing to a staggering $30 trillion, driven by increasing demand for infrastructure project financing and greater participation from pension and sovereign wealth funds. Rob Horn, Global Head of Infrastructure and Asset-Based Credit at...

NGX TRADING SUMMARY FOR TUESDAY: 1. Market Performance: The Nigerian equities market had a positive trading day as the NGX All-Share Index (NGXASI) increased by 0.23%, bringing the Year-to-Date (YTD) returns to 28.55%. The All-Share Index closed at 97,685.64, compared to the previous close of...

MUTUAL FUNDS PART 5: MONEY MARKET FUNDS Hi Everyone❤️. Over the past four weeks, we have embarked on an in-depth understanding of mutual funds, covering various types and their unique benefits. As we continue this educational journey, we now turn our attention to an essential category within...

MUTUAL FUNDS PART 7: EXAMPLES OF MUTUAL FUNDS Dear Investors❤️. Welcome to Part 7 of our ongoing series on mutual funds. Over the past several weeks, we have explored various facets of mutual funds, including their types, benefits, and performance metrics. In this installment, we would look...

FIVE BANKS BUDGET N222BN FOR CYBERSECURITY Summary: - Purpose of Investment: - Five financial institutions are allocating $1.20 billion (approximately N222 billion) from capital raised to invest in technology and enhance cybersecurity infrastructure. - This is in response to the new...

NGX TRADING SUMMARY FOR FRIDAY, AUGUST 16, 2024: Trading Overview: - Total Volume: 348,952,726 shares - Total Value: NGN 7,464,902,951.30 - Total Deals: 7,677 - Market Capitalization: NGN 55.1 trillion Comparative Performance: - Volume: 29% increase compared to the previous trading day...

NGX TRADING SUMMARY FOR THURSDAY, AUGUST 15, 2024 Trading Overview - Total Shares Traded: 271,259,970 shares - Total Deals: 7,233 - Market Value: NGN 3,522,892,918.09 Comparative Analysis - Volume: Declined by 14% compared to Wednesday, August 14, 2024. - Turnover: Declined by 36% from the...

DANGOTE GROUP’s STOCK PERFORMANCE AND THE MERGER DENIAL 1. Stock Price Decline: - Dangote Sugar Refinery: The stock price dropped by 18.67% from N45.00 to N36.60 between May and August 2024. This decline is attributed to supply chain disruptions and volatile sugar prices, which negatively...

NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 14, 2024 - Total Shares Traded: 315,302,176 shares - Total Deals: 8,365 - Market Value: NGN 5,480,029,481.09 - Market Capitalization: NGN 55.2 trillion Comparative Data: - Volume: 47% decline from Tuesday, August 13 - Turnover: 61% decline from...

Quiz Questions: 1. What days of the week do we share an investment book and have a stock analysis? 2. As of August 2024, which company was recently awarded for its exceptional performance in the investment and securities trading sectors at the 2024 World Economic Magazine Awards and the...

WHAT YOU SHOULD KNOW BEFORE INVESTING IN BANK SHARES - Author: Damilola Aina Key Points: 1. Central Bank Directive: - Reason for Investment Focus: The Nigerian banking sector is a current investment hotspot due to a new Central Bank of Nigeria (CBN) directive. - Mandate: Increase in...

SUMMARY OF FIVE BANKS FX GAINS REPORT FOR H1 Key Findings: 1. Overall Forex Gains: - Total Forex Gains for H1 2024: ₦67.89 billion - Comparison with H1 2023: A 67.89% decrease from ₦211.42 billion 2. Bank-Specific Forex Gains: - FCMB Group: - H1 2024 Gains: ₦35.19 billion -...

DANGOTE REFINERY CRUDE OIL REQUIREMENT Overview: - The Dangote Petroleum Refinery is projected to require ₦1.7 trillion worth of crude oil monthly. - This directive follows President Bola Tinubu’s mandate for the Nigerian National Petroleum Company Limited (NNPC) to sell crude to the Dangote...