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Nigeria Attracts $1.3bn US Investment

Nigeria Attracts $1.3bn US Investment   United States of America’s companies operating in Nigeria invested $1.3bn in the economy in 2017, a survey by the American Business Council has shown. The investment, according to the council, generated over N2.6tn revenue for the 74 American companies that participated...

Alpha Morgan Capital Appoints MD, Gets Investment Banking Licence

Alpha Morgan Capital Appoints MD, Gets Investment Banking Licence   Alpha Morgan Capital Advisory Partner Limited has been licenced by the Nigerian Securities and Exchange Commission (SEC) to operate as an Issuing House in the nation’s capital market, in its letter dated April 3, 2018. According to...

NSE Facilitates N10.3tr Investment In Bonds, Equities In 10years

NSE Facilitates N10.3tr Investment In Bonds, Equities In 10years The Nigerian Stock Exchange (NSE) facilitated the investment of N10.341 trillion in equities and debt bonds in the Nigerian capital market in the last 10 years, data obtained from the NSE has shown. An analysis of the...

Taxify Targets Expansion In Nigeria, Closes $175m Investment

Taxify Targets Expansion In Nigeria, Closes $175m Investment Ride-hailing company, Taxify, has said it is now working on expanding the platform’s availability to drivers and riders in Nigeria after completing an investment round of $175m. It stated in Lagos on Wednesday that the $175m investment had...

Oil Majors Delay Investment On $23.5b Offshore Projects

Oil Majors Delay Investment On $23.5b Offshore Projects   International Oil Companies (IOCs) operating in Nigeria may have devised means to compel the Federal Government into changing its fiscal policy on the Petroleum Industry Governance Bill (PIGB). The Guardian learnt the IOCs have deliberately put on hold...

Treasury Bills Launches Investment App

Treasury Bills Launches Investment App   A new frontier has opened for investors in the African finance sector with the launch of I-invest, a mobile application that allows users purchase Treasury Bills (T-Bills) directly from their smartphones. Developed by Parthian Partners, a pan African inter-brokerage services firm...