Global Multi-Currency Accounts Platform Expands Reach as it Simplifies Cross-Border Money Management for Africans February 11, 2025/wimbart.com 11th February 2025. Lagos, Nigeria. Raenest, the global multi-currency accounts platform for individuals and businesses across Africa, today announced the completion of its $11M Series A funding. The round was led by QED […]
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IFC Invests in Lagos Free Zone to Support Industrial Growth and Economic Diversification in Nigeria
February 10, 2025/Lagos Free Zone IFC has announced an equity investment of up to $50 million in Lagos Free Zone Company to support the development and expansion of Nigeria’s first deepsea port-based, private special economic zone, the Lagos Free Zone. This investment is designed to address critical infrastructure gaps, attract […]
Nigerian Stocks Start Week Bearish -0.04% on Losses in Banking Counters
February 10, 2025/Cordros Report EQUITIES Trading in the Nigerian stock market kicked off the week on a negative note, driven by profit-taking activities in ZENITHBANK (-2.3%), UBA (-2.7%) and FIDELITYBK (-4.8%). Thus, the All-Share Index declined by 4bps to close at 105,891.33 points, with the Month-to-Date and Year-to-Date returns moderating […]
