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Foreign Investment Inflows Drop By N28.57bn

Foreign Investment Inflows Drop By N28.57bn     Nigeria’s foreign investment inflow was N28.57bn lower than the foreign investment outflows as of the end of the first half of 2019. The Central Bank of Nigeria disclosed in its half- year report on market turnover that this was attributable...

Nigeria Lost $25bn To Foreign Ship Owners In 2years

Nigeria Lost $25bn To Foreign Ship Owners In 2years   The Executive Secretary of Nigerian Shippers Council (NSC), Mr Hassan Bello, has said the country lost $25 billion to foreign ship owners between 2015 and 2017. Bello, disclosed this when the Nigerian Fleet Implementation Committee paid a...

2019 Polls: Foreign Investors Withdraw N435.41bn From Stock Market

2019 Polls: Foreign Investors Withdraw N435.41bn From Stock Market The nation’s stock market has shrunk in recent months following the exit of foreign investors as the 2019 general elections approach, FEYISAYO POPOOLA writes Foreign portfolio investors have pulled out billions of naira out of the Nigerian...

Foreign Transactions In The Stock Market Drop By N66.24bn

Foreign Transactions In The Stock Market Drop By N66.24bn The Nigerian Stock Exchange recorded a decline of N66.24bn in foreign portfolio transactions last month amid political uncertainties and rise in interest rates in the United States. The July 2018 Domestic and Foreign Portfolio Participation in Equity...

Foreign Insurance: Nigeria, Others Lose N2.89tr

Foreign Insurance: Nigeria, Others Lose N2.89tr   Nigeria, Ghana and other regional insurance markets lose N2.89 trillion ($8billion) yearly to offshore insurance markets, mainly in Europe and America, due to fragmented nature of African insurance markets. The fragmented markets has resulted to the inability of the insurance...

Foreign Transactions Increased By 58% In One Month

Foreign Transactions  Increased By 58% In One Month   Foreign portfolio investors’ transactions on the Nigerian Stock Exchange rose by 58.87 per cent in March from N83.22bn in February. Total transactions at the nation’s bourse increased by 28.50 per cent from N212.05bn recorded in February to N272.48bn...