Updates

Nigeria sells Treasury bills at yields below inflation

March 2, 2017/Reuters Nigeria raised 310.14 billion naira ($985 million) at an auction of treasury bills on Wednesday at yields lower than the inflation rate in Africa’s biggest economy, the central bank said on Thursday. The bank sold 222 billion naira of one-year treasury bills at a yield of 18.49 […]

Innoventures launches “Startup Reactor” Fourth Cycle in Partnership with VC4A and SRI

March 2, 2017/Venture Capital for Africa Innoventures (http://Innoventures.me) has just opened applications for the fourth cycle of its accelerator program ‘Startup Reactor’ in partnership with VC4A (https://VC4A.com) after a successful third cycle and its grand finale last December. The new cycle comes along with the launching of a new 30 […]

NSE Records Biggest Loss Since Nov’ 8, 2016 on Heavy Selloffs in Industrial Goods Stocks

Click here to read full report By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Thursday dominated the Nigerian equities market, with the all-share index (ASI) falling by 1.40 percent  to record the biggest loss since November 8, 2016 to close at an 11-month low of 24,829.59 points. “Today’s loss was primarily driven […]