August 7, 2024/CSL Research According to news reports, a Federal High Court in Lagos has nullified the sale of a 49% equity stake in Nigeria Air to Ethiopian Airlines. In his ruling, the Presiding Judge declared the stake sold to Ethiopian Airlines as null and void. He also ordered a […]
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Africa’s leading Venture Capital firm Founders Factory Africa Rebrands to 54 Collective
54 Collective establishes a new era of venture capital in Africa, offering up to $500,000 in equity and non-dilutive capital and value-add support for its founders August 7, 2024/54 Collective Today, leading African venture capital firm, Founders Factory Africa (FFA), has announced its rebrand and name change to 54 Collective, […]
Intraday Update: Nigerian Stocks Gains +0.22%, Driven by Blue Chips
August 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.22% Top Gainers and Losers: OANDO (+9.98%), RTBRISCOE (+9.90%), NEIMETH (-9.23%) and SKYAVN (-3.57%). Sector Performances: Banking (+1.11%), Oil & Gas (+0.09%), Industrial (+0.03%), and Consumer Goods (-0.27%). Market activity: In today’s trade, total volume and value both advanced by 21% and 25% respectively, when compared to this […]
