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Banks Investments Decline Due To Tumbled Stocks

Banks Investments Decline Due To Tumbled Stocks   Investment in the banks listed on the Nigerian Stock Exchange declined on Monday as the shares tumbled by 0.9 per cent due to profit-taking and sell-offs witnessed in Guaranty Trust Bank Plc and United Bank for Africa Plc. The...

Investments On Pension Funds Yield 16.42% In 2017 – Data

Investments On Pension Funds Yield 16.42% In 2017 – Data   Investments with accumulated funds in active Retirement Savings Accounts (RSAs) yielded an average of 16.42 per cent in 2017. Data exclusively sourced from the National Pension Commission (PenCom) showed that the 2017 annualized average rate of...

Nigeria’s Economy Attracts N8.5tn Investments In 3Years

Nigeria’s Economy Attracts N8.5tn Investments In 3Years   The Nigerian economy attracted a total investment inflow of $27.9bn between July 2015 and March this year. Based on the official N305 to a dollar exchange rate of the Central Bank of Nigeria, the amount ($27.9bn) translates into about...

Software: Seven Banks Make N8.58bn Fresh Investments

Software: Seven Banks Make N8.58bn Fresh Investments A total of seven Deposit Money Banks reported fresh investments worth N8.58bn in software in the first three months of the year in order to deliver seamless banking services to customers. Findings has showed that in the first quarter...

Osinbajo To Lead Investment Roadshow In US

Osinbajo To Lead Investment Roadshow In US   Vice President Yemi Osinbajo is scheduled to lead a public-private sector collaborative investment roadshow to the United States. He will also be speaking to global industry leaders in information technology and entertainment at the Silicon Valley in San Francisco...

Chinese Investments In Nigeria Telecoms Hit $16bn

Chinese Investments In Nigeria Telecoms Hit $16bn China’s increased involvement in the African telecommunications industry is part of amultidimensional engagement in the continent to serve its broader strategy to enhance itsglobal standing, counter Western influence and to obtain resources and new exportmarkets to feed its...