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Nigerian Investors

Shoppers leave the Shoprite store in Daveyton, South Africa May 23, 2018. REUTERS-Siphiwe Sibeko

NIPC: Shoprite move an opportunity for Nigerian investors

The announcement by Shoprite Holdings Limited, the South African supermarket chain operator, of a formal process to consider the potential sale of all or a majority stake in its Retail Supermarkets Nigeria Limited may be an opporunity for Nigerian investors, the Nigerian Investment Promotion Commission (NIPC) has said.
South Africa grocery retailer, Shoprite, has announced that it is considering selling all or parts of its Nigerian operations to yet to be named investors.

Shoprite: We are not leaving Nigeria

Shoprite Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian equities market posts 0.10 per cent growth

The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC unveils regulatory framework for crowdfunding

In a bid to further deepen the nation’s capital market and enable it provide development capital for medium and small-scale enterprises of the economy, the Securities and Exchange Commission (SEC), at the weekend unveiled an exposure draft of its regulatory framework for crowd funding in the country.
ladol free trade zone

Is LADOL truly a Nigerian company?

Even with the signing of the Nigerian Oil and Industry Content Development (NOGICD) Act of 2010, many Nigerian investors still exploit the old loopholes in the system to take advantage of this law.
President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has said that Nigeria needs to evolve a more effective tariff structure in order to achieve steady electricity supply.

AfDB woos Nigerian investors for DR Congo

The African Development Bank (AfDB) has called for the constriction of an economic bridge to link Nigeria and Democratic Republic of Congo (DRC) to unlock potentials in the two countries for the development of Africa.

Airtel Africa to boost Nigerian equities with N1.4 trillion

Airtel Africa Plc is set to become the third most capitalized quoted company on the Nigerian stock market as the telecommunications company concludes arrangements to list its shares on the Nigerian Stock Exchange (NSE). Nigeria alone accounts for 36% of its total revenue.
The second largest telecommunications group in Africa, Airtel Africa Plc, is set to sell its shares to Nigerian investors at between N363 and N454 per share.

Airtel Africa wants to sell shares to Nigerians

The second largest telecommunications group in Africa, Airtel Africa Plc, is set to sell its shares to Nigerian investors at between N363 and N454 per share.
The Vice President, Yemi Osinbajo on Wednesday officially launched the Federal Government’s Trader Moni in Bodija and Oje markets in Oyo state’s capital, Ibadan 18

VP Osinbajo: Extreme poverty in Nigeria gives me sleepless nights

Vice President Yemi Osinbajo says the problem of extreme poverty in Nigeria keeps him up at night.
Nigeria Stock Exchange

NSE: Foreign portfolio transactions rise by N208bn in Q3

Amidst heightened political tension in the Nigerian economy, the total transactions done by foreign investors on the floor of the Nigerian Stock Exchange (NSE) rose by 26.53 per cent or N207.85 billion in the third quarter (Q3) of 2018 to N991.2 billion compared with N783.34 billion recorded in the period of 2017.
Abike Dabiri-Erewa

Presidency: 200 investors indicate interest in Diaspora Investment Summit

About 200 foreign investors have indicated interest to participate in the Nigerian Diaspora Investment Summit, scheduled to begin in Abuja on Nov. 27.

Institute reiterates commitment to rescuing economy

Following the political storms stunting Nigeria’s economic growth and development, the President and Chairman of Chartered Institute of Stockbrokers (CIS), Adedapo Adekoje, has affirmed the Institute’s commitment to rescue the country.

NIPC: Nigeria’s online investors’ guide for launch Thursday

The Nigerian Investment Promotion Commission (NIPC) will on Thursday formally launch the country’s online investors’ guide.

George Weah: Nigeria, Liberia $5m trade volume too low

President George Weah of Liberia has described as ‘too low’, the current trade volume between both countries estimated to be at $5 million.

Nigeria’s oil sector needs $100 billion investments – Ibe Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday said the oil sector needed huge investments to the tune of 100 billion dollars.

Biodun Shobanjo: You can make it in Nigeria

Nigerian investors operating in other countries have been advised to domesticate their investments in order to uplift the economy and impact more lives in the country.

NACCIMA urges fed govt on prompt budget implementation

Lawson made this remark during an interactive breakfast meeting with NACCIMA corporate members and industry stakeholders held at NACCIMA’s Chamber in Lagos supported by Bank of Industry (BOI) to review government’s programmes, trade agreements fiscal and monetary policies for effective and sustainable economy in the country.

Afreximbank touts $300m equity offering to Nigerian investors

The African Export-Import Bank (Afreximbank) on Thursday in Lagos met with leading Nigerian investors to push for strong participation in the bank’s $300 million equity offering.

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CAN president urges Nigerian government to overhaul security apparatus

The President, Christian Association of Nigeria (CAN), Rev Samson Ayokunle, has urged the Federal Government to immediately overhaul the security apparatus of the country.
The governor of Ondo State, Rotimi Akeredolu, has reacted to his victory at the primary election of the All Progressives Congress (APC).

Ondo guber: APC leaders endorse Governor Akeredolu’s re-eelction

Leaders of the All Progressives Congress (APC) in Ondo State Sunday resolved to bury their hatchets and they endorsed the second term ambition of Governor Rotimi Akeredolu.
Godfrey Oboabona put in a good shift in Dinamo Batumi’s 4-0 triumph over FC Chikhura by accounting for an assist.

Godfrey Oboabona bags assist in Dinamo Batumi’s decimation of FC Chikhura

Godfrey Oboabona put in a good shift in Dinamo Batumi’s 4-0 triumph over FC Chikhura by accounting for an assist.
Nigeria's Diezani Alison-Madueke, Minister of Petroleum Resources and Alternate President of the OPEC

Diezani Alison-Madueke: ‘Yahoo’ boys have become role models

A former Minister of Petroleum Resources, Diezani Alison-Madueke, says societal values have disintegrated to the extent that online fraudsters otherwise known as ‘Yahoo boys’ have become role models in Nigerian society.
Atlético Madrid have confirmed that two member of their group have tested positive for coronavirus.

Atlético Madrid confirm two positive coronavirus tests

Atlético Madrid have confirmed that two member of their group have tested positive for coronavirus.