October 25, 2024/United Capital Research Anglophone West Africa Nigeria Nigeria loses N13.20tn to forex subsidy — World Bank The Federal Government incurred a significant loss of N13.20tn in foregone revenue as a direct consequence of the implementation of its foreign exchange subsidy policy between 2021 and 2023, according to the […]
Author: InvestAdvocate
Angel Investors Commit $350,000 to Creative Entrepreneurs at Afreximbank’s CANEX Pitch Session
The pitch session, dubbed “CANEX Presents the Angels”, featured 12 creative entrepreneurs from 10 African countries who were selected to present their businesses for review with a view to raising capital for growth and expansion October 25, 2024/Afreximbank African Export – Import Bank’s (Afreximbank) Angel investors participating in a pitch […]
Intraday Update: Nigerian Stocks Gain +0.02% on Bellwether Interest
October 25, 2024/InvestmentOne Update ASI as at 12.00pm: +0.02% Top Gainers and Losers: CAP (+10.00%), LIVESTOCK (+10.00%), MCNICHOLS (-4.46%) and DEAPCAP (-3.17%). Sector Performances: Oil & Gas (+0.04%), Industrial (+0.03%), Banking (-0.22%) and Consumer Goods. Market activity: In today’s trade, total volume and value decreased by 19% and 50% respectively, when […]

