Markets & Investing
Nigerian politicians own properties worth $400m in Dubai
More than 800 properties worth $400 million in Dubai, United Arab Emirates (UAE) have been followed to Politically Exposed Persons (PEPs) in Nigeria.…
Markets & Investing
Stocks, bonds, funds and how to invest in African markets.
Markets & Investing
Gains in highcap stocks lift capitalisation by N356 billion
Following additions recorded by most exceptionally promoted (high cap) stocks, exchanges on the Nigerian Exchange Limited (NGX) turned around bad feelings…
Markets & Investing
Unity Bank increases loan portfolio by 94.3% in 2020
Unity Bank expanded its credit portfolio to clients by 94.3% to remain at N202.1 billion as of December 2020. What prompted fire flare-up - Unity Bank,…
Markets & Investing
Spotify CEO, Daniel Ek shares Dangote’s interest in buying Arsenal FC
Ek's remarks have indeed raised the expectations of Arsenal fans who are now elated at the possibility of another proprietor. The responsibility for FC by…
Markets & Investing
Healthcare investments in Africa rises by $1.3bn in 5 years
Medical care in Africa faces a heap of difficulties from helpless framework to absence of assets, yet innovation changes medical services conveyance in…
Markets & Investing
UBA Q1 profit rises by 24%
Joined Bank for Africa (UBA) Plc has posted N40.6 billion benefit before charge (PBT) in its first-quarter 2021 tasks against N32.7 billion recorded in the…
Markets & Investing
Accelerex receives Augusto, GCR investment grade credit ratings
The Nigerian auxiliary of Accelerex Holdings Mauritius, Global Accelerex, has been allowed A-(steady standpoint) credit score by Agusto and Co and A2NG…
Markets & Investing
MTN to invest $10b on Nigeria, other Africa’s telecoms infrastructure
Media communications firm MTN is submitting about $10 billion in the following five years to improving the framework, particularly telecoms on the mainland.…
Markets & Investing
‘Dangote sugar investments will promote infrastructure growth’
With a public yearly import of more than $337million, the administration of Dangote Sugar Refinery Plc has proclaimed its obligation to the regressive…
Markets & Investing
FG gives completion date for Apapa-Oshodi-Ojota-Oworonshoki road project
The Federal Government has given a course of events for the fruition of the Apapa-Oshodi-Ojota-Oworonsoki turnpike project. The public authority said the…
Markets & Investing
Ministers, others seek new approach to stimulating investments in energy
Stakeholders in the power and energy area have raised worry about Nigeria's energy viewpoint, demanding that except if the nation tends to fundamental…
Markets & Investing
Alibaba shares soar as it plays down hit from record $2.78 bn fine
Offers in tech goliath Alibaba climbed more than six percent Monday as the internet business titan consoled financial backers that a record $2.78 billion…
