Wikirise
All posts tagged "Investments"
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39SportsUS investment firm buys Italian football club Genoa
Genoa announced on Thursday they have been bought by American private equity fund 777 Partners for a reported 150 million euros ($175 million) as Italian businessman Enrico Preziosi ends his 18-year ownership of Italy’s oldest football club. “The new owner group, which will acquire 99.9 per cent of Genoa’s share...
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28BusinessInvestors lose N11bn as banking stocks dip further
Investors in the equities market of the Nigerian Exchange Limited – formerly Nigerian Stock Exchange lost N11.02bn at the end of trading on Wednesday as banking stocks declined for the eighth consecutive trading day. The NGX All-Share index dropped by 0.05 per cent from 38,873.85 basis points to 38,852.69bps, while...
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26BusinessRussian companies, businesses ready to invest in Nigeria, says chamber president
The President of the Russian Chamber of Commerce, Mr Sergey Katyrin, has said that Russian companies and businesses were ready to partner and invest in Nigeria. This was contained in a statement signed by the Nigerian Embassy in Moscow, Russia, and made available to the News Agency of Nigeria (NAN)...
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22BusinessManaging risk associated with capital market investment
The capital market is, generally, regarded as a safe haven for investment. There, your money works for you. The market is a setting for income without stress. Smart and daring speculators can make fortunes there and can also lose a fortune through poor judgement. Despite its attractiveness, the capital market...
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44Business
Investors gain N25bn amid rise in large, medium-capped stocks
Equity investors in the Nigerian Exchange Limited gained N24.92bn at the end of trading on Wednesday amid gains in large capped stocks like MTN Nigeria Plc and Guaranty Trust Holding Company Plc. The NGX All-Share index appreciated by 0.12 per cent to close at 38,968.34 basis points and a market...
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61BusinessMTN, Dangote Cement, GTCO, 55 others pay over N700 billion as dividend to investors
MTN Nigeria Communications Plc, Dangote Cement Plc, GTCO Plc, 55 others have paid their investors over N732.91 billion as dividend year-to-date (YTD). This was disclosed by the Nigerian Exchange (NGX) in a statement issued on Monday. According to the statement, 58 companies across ten sectors of quoted companies on The Exchange...
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36BusinessIs Cryptocurrency a Worthy Investment?
With cryptocurrency investments in 2021, it will be possible to get filthy rich. The downside is that you could lose any money you have. Both are true, but how? Crypto-asset investments can be risky, but also extremely lucrative. Cryptocurrencies are a good investment if you want direct exposure to the...
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News
3 crypto assets with potentials to increase investors’ wealth
Traders are looking at three altcoins that will mirror the recent rise of Solana. The token, Solana (SOL) is now the sixth-ranked cryptocurrency, according to FTX exchange data. Its trading price is up nearly 600% from its July low of $23.47, where it was trading at $175. After SOL’s breakout...
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60BusinessHoneywell Flour Mills investors gain N20.7 billion in August 2021
Honeywell Flour Mills shareholders gained a total of N20.7 billion in the month of August. During the month, the shares of Honeywell Flourmills went up from N1.68 kobo to N4.28 kobo, to reflect a growth of 154.8%, indicating that investors who bought into the stock at the start of the...
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30PoliticsKaduna Has Attracted Over $2.6bn Worth Of Investments Since 2016 – Govt
The Kaduna State Government says it has attracted over $2.6 billion of local and foreign investments to the state through its annual economic and investment summit which commenced in 2016. The Executive Secretary of the State Investment Promotion Agency (KADIPA), Umma Aboki, disclosed this at a pre-event press conference on...
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28BusinessTop 5 Less Risky Cryptocurrencies as an Investment
One of the many options of investment in the digital world is investing in cryptocurrency. It is right to say that it is tough to think of modern investment without hearing about the option to buy bitcoin or invest in other cryptocurrencies. Despite cryptocurrency being one of the most talked-about investment options,...
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Politics
Buhari Asks New NSIA Board To Make More Investments
President Muhammadu Buhari has asked the new board of the Nigeria Sovereign Investment Authority (NSIA) to make more investments that support economic diversification, as global oil prices are projected to drop to around $40 per barrel by 2030. He gave the charge on Wednesday at the inauguration of the third...
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137BusinessForex transactions at investors, exporters’ window rise 59.37%
Foreign exchange transactions at the Investors’ & Exporters window increased by 59.37 per cent last week, according to FMDQ Securities Exchange Limited. The Central Bank of Nigeria had in April 2017 amid severe forex scarcity created the I&E window in a bid to boost liquidity in the forex market and...
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93BusinessFirm to invest $14.7m in Ekiti agric project
A technology solutions company, Axxess Group, has disclosed plans to commence a $14.7m agricultural project in Ekiti State. The Chief Executive Officer of Axxess Group, John Olajide, disclosed this when he led a team of investors to pay a visit to the Minister of Industry, Trade and Investment, Niyi Aadebayo....
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155BusinessZalmar Capital Investment Review
What You Should Know About Zalmar Capital Investment Zalmar Capital Pty is an innovative place for online investment without any risk. Zalmar Capital Investment works for monetary success of their clients. Zalmar Capital Investment mission is to help their clients make smart investment and financial decisions through professional relationships based...