Investors Bite

Total Transactions on Nigeria’s Bourse Dips -46.24% in February 2018

April 4, 2018/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below shows an analysis of transactions on The Exchange as at the end of February 2018.  Analysis  Domestic vs. Foreign 2018  […]

MainOne to invest $300m in communication infrastructure

April 4, 2018/The Sun Chief Executive Officer of MainOne, Funke Opeke, has said that the company plans to invest an additional $300 million to enhance communication infrastructure across West Africa over 10 years. Opeke disclosed this at the 2018 TMT Finance Africa Conference, a forum driving investment for telecoms, media […]

Sagarmatha eyes $4 bln valuation in S.Africa’s first e-commerce IPO

3/4/2018/Reuters Sagarmatha Technologies Ltd, a South African company that owns newspapers, online shopping and classified platforms, is targeting a valuation of more than $4 billion in Johannesburg’s first initial public offering of an e-commerce company. Sagarmatha said it plans raise 7.5 billion rand ($636 million) in a share placement of […]