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Investors - Page 3

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Honeywell, Champion, Other Firms’ Investors Lose N134.25 billion, As Nigerian Bourse Crashes

The Nigerian Stock Exchange reported that the market capitalisation lost N134.25 billion on Tuesday, sending the bourse’s value down to N28.02 trillion from the previous day’s N28.15 trillion. Similarly, the All Share Index closed down at 51,446.6 ASI after losing 246.48 basis points from

January 10, 2023

Business·Technology

Foreign Investors Give Two Nigerian Youths, Ikenna Nzewi, Uzoma Ayogu $3.3 million

Two Nigerian youths, Ikenna Nzewi and Uzoma Ayogu, the co-founders of Releaf, secured $3.3 million from foreign and domestic investors to fund their operation. Both Nzewi and Ayogu created Releaf, a technology company, to help food manufacturers reduce expenses and increase earnings

January 10, 2023

MTN Investors Earn N944bn In Three Months As Airtel’s Shareholders Record Zero

Business·Insights

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Within five days of trading, shareholders of telecommunications companies, Airtel Nigeria and MTN Nigeria lost a whopping sum of N1.93 trillion. Prime Business Africa (PBA) gathered that investment held in the only quoted network providers by Nigerian and foreign shareholders fell by

October 24, 2022

Fidelity Bank In Need Of Money, Reveals Amount Company Needs To Run Operation

Business·News

Fidelity Bank Seeks More Money For Operations, Moves To Recapitalize

The shareholders of Fidelity Bank have approved the management’s request to raise new capital through private placement, which will bring in new investors into the company, and enable the firm have liquidity to maintain operation. Fidelity Bank had requested that 3,037,414,308 unissued

October 3, 2022

Business

IMF Warns Cryptocurrency Risk Might Affect Stock Market Investors

International Monetary Fund (IMF) said retail and institutional investors in the equity markets are at risk as cryptocurrency volatility is spilling over into the stock exchange, and it has started in Asia. IMF, in a blog post authored by its Managing Editor,

August 23, 2022

Business·Insights

International Breweries’ Investors Lost N10.74 billion In Five Days

International Breweries investors lost -6.89% of their investment after five days of trading this week, as the alcoholic producer’s share depreciated in the Nigerian stock market. Their loss was caused by sell off among shareholders on the exchange floor, who offloaded their

July 22, 2022

Business·Technology

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

Apple is on the verge of losing its $2 trillion market capitalisation, as shareholders dump the technology firm’s stock amid fear of projected U.S economy entering recession in the second half of this year. Investors are offloading tech stocks, to reduce exposure

June 16, 2022

Business·Markets

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Investors are currently not seeing bitcoin as a safe haven for their funds, despite inflation ripping through Nigeria, United States and other countries, on the back of the ongoing war between Russia and Ukraine. Bitcoin’s dip comes as a shock considering in

June 13, 2022

Business·Insights

How Segun Agbaje Lost N143.05 million in Three Months, Amid GTCO’s Poor Financial Performance

The last three months has been a disappointing period for investment banker, Segun Agbaje, the Group Chief Executive Officer of Guaranty Trust Holding Company (GTCO), as his total investment in the financial institution fell by -16.5%. Agbaje lost N143.05 million after his

June 7, 2022

News

SEC Takes CSR To ABU

The Securities and Exchange Commission (SEC) has announced that its latest corporate social responsibility pendulum has tilted to the famed Ahmadu Bello University, Zaria. Hinting the collaboration will further deepen the Nigerian capital market, the Director General, SEC, Lamido Yuguda stated this

March 28, 2022

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Investors - Page 3

Honeywell, Champion, Other Firms’ Investors Lose N134.25 billion, As Nigerian Bourse Crashes

Foreign Investors Give Two Nigerian Youths, Ikenna Nzewi, Uzoma Ayogu $3.3 million

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Fidelity Bank Seeks More Money For Operations, Moves To Recapitalize

IMF Warns Cryptocurrency Risk Might Affect Stock Market Investors

International Breweries’ Investors Lost N10.74 billion In Five Days

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

How Segun Agbaje Lost N143.05 million in Three Months, Amid GTCO’s Poor Financial Performance

SEC Takes CSR To ABU

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