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Nigeria’s collective investment funds rise to N1.32tr

Total net asset of collective investment schemes and funds in Nigeria has risen to N1.322 trillion, according to latest  records provided by Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC).

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Naira stabilises at N450 on black market

The foreign exchange market opened on Tuesday with the dollar trading at N450 the same as of Monday on the black market.

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Naira depreciates against dollar at I&E forex window, dollar supply up by 14.52%

The naira depreciated to N386.50 to a dollar at the I&E forex window, after the day’s trading session. It lost N0.75 against the dollar when compared to the N385.75 to a dollar that  it exchanged on Friday, June 12, 2020. 

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Oil price slump continues as second wave of COVID-19 may crush the oil market

The slump in oil prices continued as fears for a second wave of the coronavirus disease could threaten demand recovery, outweigh the further output cuts by OPEC+ and top oil-producing countries, and more Federal Reserve support for the US economy. This is posing a renewed threat to the global economy.

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Experts state how COVID-19 affects Nigerian real estate sector

The Coronavirus (COVID-19) pandemic is having a far-reaching impact on all sectors of the global and Nigerian economy. The spread has grounded economic activities and the Real Estate sector is not isolated from it.

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Lagos real estate reform: Fraudulent real estate practitioners have no hiding place anymore

Lagos state government has renewed its efforts to nip in the bud, the notorious activities of the fake estate agents and their official collaborators.

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Nigeria, others need $90bn investments to achieve growth –Expert

For Nigeria to witness sustainable growth and development, alongside its peers across the continent, about $90 billion investments is needed annually for the next six years, just as the country CEO of Lafarge Africa, Khaled El Dokani, has called for all hands to be on deck to make the earth a habitable place.

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Nigeria: Govt Targets Construction of 300,000 Houses in 12 Months

The federal government is targeting the creation of 1.8 million jobs through the construction of 300,000 homes in the next 12 months, as part of initiatives to stimulate growth in the economy.

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Argentil, CDC Group support Tempohousing, mPharma’s impact investing moves

The number of infected Nigerians is rising daily, notwithstanding, this development is not discouraging impact investors from doing what they know how tod do best, which is to make investing moves that guaranty returns and socially sustainable. That is the case of Argentil Capital Partners and CDC Group both of which in the first two […]

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Rethinking what works for financing health, preventing disease outbreaks in Nigeria

The current COVID-19 pandemic that the world is still dealing with has shown that a lot is still left to be desired when it comes to having enough funding streams to improve health systems and prevent infectious disease outbreaks.

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