Culled—Proshare June 12, 2017/FBNQuest Research In stark contrast to the challenging burden of its sovereign domestic debt service, the data for Nigeria’s external obligations are comforting. Total obligations at end-March amounted to US$13.81bn, equivalent to 3.4% of 2016 GDP. The increase in Q1 amounted to US$2.4bn, consisting of Eurobond sales […]
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Weekly Market Review in Charts
June 12, 2017/InvestmentOne Research Please click to download our Weekly Market Review in charts. Macro Indicators Inflation as at April 2017 17.24% MPR 14.00% Overnight rate 18.50% GDP growth as at Q1 2017 -0.52% External reserves as at 09/06/2017 $30.28bn Brent crude price $48.03/b
Orange Digital Investment launches new investment initiative of 50 million euros devoted to start-ups in Africa
June 12, 2017/Orange Orange (www.Orange.com) is strengthening its corporate venture strategy by creating a new Africa section in its flagship programme for investment in start-ups, Orange Digital Ventures (http://DigitalVentures.orange.com). As part of this initiative, the Group is committing 50 million euros corresponding to half of the direct investments made via […]
