Posts Tagged ‘Investors’

CBN set for second debt sale in a week to lure foreign investors

Nigeria’s central bank plans to auction 150 billion naira ($489.5 mln) of open market bills on Thursday, traders said, its second bill sale in a week as the country seeks to attract more foreign investors. The bank last month shifted policy to try to force banks to lend to help revive an economy stuck with […]

Foreign Investors Pull Out N435.41 Billion From The Nigerian Stock Market

Reports has it that foreign portfolio investors have pulled out billions of naira out of the Nigerian stock market in recent months amid bearish sentiments, primarily due to the approaching elections. According to the latest data from the Nigerian Stock Exchange, a total of N435.41 billion was withdrawn from the market from January to July […]

REPORT| Nigeria Becoming Less Attractive to Investors

Nigeria, Africa’s largest economy is becoming less attractive to investors who are wary of the country’s economic future at a time the country’s currency is overvalued. According to a member of the central bank’s Monetary Policy Committee, having a fixed exchange rate when there is a plan to increase government borrowing just doesn’t work. Dr […]

Ghana Attracts More Investor Dollars Per Capita Than Slumbering Economic Giant Nigeria

Over the last decade, impact investment in Africa has emerged as one of the go to play for investors who want to make money while doing good. Despite growing economies and an emerging middle class, the continent is still struggling to meet its people’s demand for better public services. Some of that gap is being […]

Investors Weary of Buhari’s Body Language

With the formation of the Nigerian government still underway, uncertainty over reforms in the oil industry and macroeconomic mismanagement are making investors increasingly weary amid significant capital outflows and falling levels of FDI. More than four months after his inauguration in late May 2015, President Muhammadu Buhari finally submitted his list of ministerial nominees on […]