Investors

Jumia Shares Plunges 82% on NYSE, Raises Questions About Foreign Listing for African Start-Ups

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… Read More

2 years ago

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… Read More

4 years ago

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… Read More

5 years ago

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… Read More

5 years ago

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… Read More

5 years ago

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… Read More

5 years ago

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,… Read More

5 years ago