Investors – Page 2 of 3 – Prime Business Africa

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

The market capitalisation of the Nigerian bourse rose by 0.11 per cent or N34.32 billion on Monday to close at N28.68 trillion, against the previous trading session’s N28.64 trillion. It followed the

Fakoyejo Olalekan

2 years ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business·Markets

Honeywell, Champion, Other Firms’ Investors Lose N134.25 billion, As Nigerian Bourse Crashes

The Nigerian Stock Exchange reported that the market capitalisation lost N134.25 billion on Tuesday, sending the bourse’s value down to N28.02 trillion from the previous day’s N28.15 trillion. Similarly, the All Share

Fakoyejo Olalekan

2 years ago

Business·Tech News

Foreign Investors Give Two Nigerian Youths, Ikenna Nzewi, Uzoma Ayogu $3.3 million

Two Nigerian youths, Ikenna Nzewi and Uzoma Ayogu, the co-founders of Releaf, secured $3.3 million from foreign and domestic investors to fund their operation. Both Nzewi and Ayogu created Releaf, a technology

Fakoyejo Olalekan

2 years ago

MTN, Airtel, Others Send USSD Withdrawal Notice To Banks Over N120bn Debt

Business·Insights

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Within five days of trading, shareholders of telecommunications companies, Airtel Nigeria and MTN Nigeria lost a whopping sum of N1.93 trillion. Prime Business Africa (PBA) gathered that investment held in the only

Fakoyejo Olalekan

2 years ago

Fidelity Bank In Need Of Money, Reveals Amount Company Needs To Run Operation

Business·Latest News

Fidelity Bank Seeks More Money For Operations, Moves To Recapitalize

The shareholders of Fidelity Bank have approved the management’s request to raise new capital through private placement, which will bring in new investors into the company, and enable the firm have liquidity

Fakoyejo Olalekan

2 years ago

Business

IMF Warns Cryptocurrency Risk Might Affect Stock Market Investors

International Monetary Fund (IMF) said retail and institutional investors in the equity markets are at risk as cryptocurrency volatility is spilling over into the stock exchange, and it has started in Asia.

Fakoyejo Olalekan

2 years ago

Business·Insights

International Breweries’ Investors Lost N10.74 billion In Five Days

International Breweries investors lost -6.89% of their investment after five days of trading this week, as the alcoholic producer’s share depreciated in the Nigerian stock market. Their loss was caused by sell

Fakoyejo Olalekan

2 years ago

Business·Tech News

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

Apple is on the verge of losing its $2 trillion market capitalisation, as shareholders dump the technology firm’s stock amid fear of projected U.S economy entering recession in the second half of

Fakoyejo Olalekan

2 years ago

Business·Markets

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Investors are currently not seeing bitcoin as a safe haven for their funds, despite inflation ripping through Nigeria, United States and other countries, on the back of the ongoing war between Russia

Fakoyejo Olalekan

2 years ago

Business·Insights

How Segun Agbaje Lost N143.05 million in Three Months, Amid GTCO’s Poor Financial Performance

The last three months has been a disappointing period for investment banker, Segun Agbaje, the Group Chief Executive Officer of Guaranty Trust Holding Company (GTCO), as his total investment in the financial

Fakoyejo Olalekan

2 years ago

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Investors - Page 2

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

Honeywell, Champion, Other Firms’ Investors Lose N134.25 billion, As Nigerian Bourse Crashes

Foreign Investors Give Two Nigerian Youths, Ikenna Nzewi, Uzoma Ayogu $3.3 million

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Fidelity Bank Seeks More Money For Operations, Moves To Recapitalize

IMF Warns Cryptocurrency Risk Might Affect Stock Market Investors

International Breweries’ Investors Lost N10.74 billion In Five Days

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

How Segun Agbaje Lost N143.05 million in Three Months, Amid GTCO’s Poor Financial Performance

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