Nigerian stocks overtake South Korea to become the world’s best-performing equity market in dollar terms
Nigeria’s stock market has emerged as the world’s best-performing equity market in dollar terms this year, overtaking South Korea as investors reward the country’s improving macroeconomic outlook and ongoing economic reforms
Nigerian Manufacturers Raise Alarm Over Sector’s N1.92tn Credit Decline – M
The Manufacturers Association of Nigeria (MAN) has raised concerns over a sharp decline in bank lending to the manufacturing sector, warning that soaring borrowing costs and limited access to credit are threatening industrial growth, investment and job creation
Nigerian stocks add $2.5bn in 1 week as investors push market value past $66bn
Data from the Nigerian Exchange showed that total market capitalisation rose by ₦3.84tn,equivalent to roughly $2.5bn, to close the week at ₦103.78tn, or about $67bn
Nigerian stocks extend rally as banking giants dominate trading and returns top 40%
The benchmark index on the Nigerian Exchange rose 0.61% to close at 219,586.20, lifting year-to-date returns to 41.11%
Shell, Nine Banks Empower Nigerian Oil Service Firms with $3 Billion – MSME
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has launched a $3 billion Contract Finance Facility in partnership with nine leading Nigerian banks to improve access to financing for indigenous contractors executing projects within its operations
Nigerian Startups Set for GEC+ Africa After Regional Pitch Competition in –
The Global Entrepreneurship Network (GEN) Nigeria, in partnership with Tripoint Travel Limited and the Enterprise Development Centre (EDC), Pan-Atlantic University, has concluded the Nigerian edition of the GEC+ Africa Regional Pitch Competition, selecting three outstanding startups to represent the country at GEC+ Africa in Cape Town, South Africa, later this year
Nigerian executives must learn how Chinese business works – CEIBS Africa
China European International Business School inducted new members of its Nigeria Alumni Chapter in Lagos last week, where the school’s Executive Director, Prof. Gordon Adomdza, told business leaders they need to learn how Chinese companies operate as the country partners with more businesses worldwide