Updates

France provides €6-million grant to AfDB for the Africa Renewable Energy Initiative

November 7, 2016/AfDB The Government of France and the Africa Development Bank on November 6 signed a €6-million agreement for the implementation of the Africa Renewable Energy Initiative (AREI). The resources will help set up the Delivery Unit of the Initiative to be hosted at the African Development Bank. The […]

NSE Reports 1,900% ETF Growth, as Investors Appetite Wane towards Stocks

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday reported its Exchange Traded Funds (ETFs) introduced December 2011 has grown 1,900 percent with Assets Under Management (AUM) hitting N4.24 billion, this is on dampened investors’ appetite towards investment in stocks. Oscar Onyema, chief executive officer (CEO) of the NSE […]

Dollar strengthens as election seen swinging toward Clinton

November 7, 2016/Reuters By Dion Rabouin | NEW YORK The dollar rose on Monday after the FBI decided that U.S. Democratic presidential nominee Hillary Clinton will not face criminal charges, which was seen as a boost to her chances of winning Tuesday’s contest with Republican rival Donald Trump. The greenback […]