Investors
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Startups
Jumia Shares Plunges 82% on NYSE, Raises Questions About Foreign Listing for African Start-Ups
“On the first day of trading, Jumia’s share price settled at $14.5. However, four and a half years later, Jumia’s…
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Tech
Why Lagos Has Become Africa’s Most Attractive Tech Hub for Investors
Last week, a $170 million venture investment in Lagos-based Flutterwave, a payments processing startup, set the Nigerian tech ecosystem alight with…
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People & Money
Tesla’s Plan to Join S&P 500 Lifts Investors’ Hope
Electric car-maker Tesla is on track to join the U.S. benchmark S&P 500 stock index on Monday, offering several millions…
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Uncategorized
Nigerian Markets Last Week: Historic Trading Day on Nigerian Bourse, Pfizer Vaccine Success Lifts Oil
The Nigerian Markets Last Week for the week ended November 13, 2020. Stock Market The Nigerian Stock Exchange All-Share Index…
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People & Money
Petroleum Industry Bill Offers Chance to Bolster Nigeria’s Depleting Forex Reserves
Nigeria’s strained foreign exchange reserves could stir up a fund-raising drive that could force government to sell a stake in…
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People & Money
Buhari’s PIB to Open NNPC to Nigerian and Foreign Investors
The proposed Petroleum Industry Bill (PIB) will create an opportunity for Nigerian and foreign investors to buy shares in the…
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People & Money
PIB Delay: NNPC Boss Says Investors Losing Confidence in Nigeria
Lack of stability in the fiscal environment is impeding the development of the Nigerian petroleum industry, particularly the upstream sector,…
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