Economy - Page 1625

Madica team and the portfolio companies ..

Madica Invests $600k in Kola Market, GoBEBA, NewForm Foods

April 24, 2024

By Adedapo Adesanya Madica, a structured investment programme designed for pre-seed stage startups in Africa, has announced its first set of investments totalling $600,000

Economy

NASD Sheds 0.4% to Close at N406.3b

November 24, 2017

Dipo Olowookere

By Dipo Olowookere NASD closed its trading day on Friday, November 24, 2017, lower compared to last Friday, November 17, 2017. The market capitalisation

Economy

US, Nigeria Tie Under BNC Will Foster Trade, Investment—FG

November 24, 2017

Dipo Olowookere

By Dipo Olowookere Minister of Industry, Trade and Investment Mr Okechukwu Enelamah, has disclosed that the collaboration between the US and Nigeria under the

Economy

Asian Shares Mostly Subdued as Investors Wait for Clear Signal

November 24, 2017

Modupe Gbadeyanka

By Investors Hub Asian markets were mostly subdued on Friday as investors once again refrained from making significant moves, choosing to wait for a

Economy

European Stocks Close Higher German Data Spike Buying Interest

November 24, 2017

Modupe Gbadeyanka

By Investors Hub European stocks have moved mostly higher on the day, with positive German business confidence data generating some buying interest. Investors are

Economy

Investors Gain N236b as Market Capitalisation Rises to N13tr

November 24, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The Nigerian equity market recorded another positive momentum on Friday with the major market indices pointing north by 1.85 percent. Today’s

Economy

FG Gives 35 States N800m Each to Pay Salaries

November 24, 2017

Dipo Olowookere

By Dipo Olowookere The sum of N28 billion has been approved by the Federal Government for disbursement to 35 states of the federation to

Economy

Moody’s Downgrades Dangote Cement Rating to B1

November 24, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The corporate family rating (CFR) of Dangote Cement Plc has been downgraded by Moody’s Investors Service to B1 from Ba3. A

Economy

Fitch Withdraws Nigeria’s Seven Energy Ratings

November 24, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Renowned rating company, Fitch Ratings has announced withdrawing Nigeria-based Seven Energy International Limited’s (Seven Energy) Long-Term Issuer Default Rating of ‘RD’

Economy

Contracts Award: FG to Give Priority to Local Firms

November 24, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Federal Government has promised to soon unveil some incentives to Nigerian firms in an effort to boost indigenous technology and encourage