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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.
The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
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.
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.
Vice President Yemi Osinbajo says the problem of extreme poverty in Nigeria keeps him up at night.
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.
About 200 foreign investors have indicated interest to participate in the Nigerian Diaspora Investment Summit, scheduled to begin in Abuja on Nov. 27.
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.
The Nigerian Investment Promotion Commission (NIPC) will on Thursday formally launch the country’s online investors’ guide.
President George Weah of Liberia has described as ‘too low’, the current trade volume between both countries estimated to be at $5 million.
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.
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.
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.
The President, Christian Association of Nigeria (CAN), Rev Samson Ayokunle, has urged the Federal Government to immediately overhaul the security apparatus of the country.
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.
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.
Currency depreciation, inflation, negative growth, businesses closed: Algeria's economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues.
The Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ) in Osun on Thursday conducted a bye-election where a new chairman was elected to run the affairs of the chapel till January 2022.
Liverpool star Alisson Becker revealed the reason for the team's success this season.
The Independent National Electoral Commission (INEC) says the COVID-19 pandemic might disenfranchise many voters in the Sept. 19 governorship election in Edo.
The Executive Secretary, National Universities Commission (NUC), Prof. Abubakar Rasheed, says 32 federal, state and private universities across all geopolitical zones are involved in different stages of research toward tackling direct and collateral impacts of COVID-19.