18 results for “investors”
NGX Group Chairman Umaru Kwairanga says the capital market is positioned to help drive Nigeria's $1 trillion economy target, with market capitalisation up more than threefold and a call to double the investor base to 10 million.
Seventeen companies listed on the Nigerian Exchange have paid or proposed dividends totalling N1.13 trillion in the first half of 2026, underscoring the cash return profile of Nigeria's largest listed companies.
CoreWeave's junk bonds are yielding more than 15% and its credit default swaps have blown past 1,100 basis points, signs that investors are losing confidence in the AI infrastructure company's ability to service roughly $50 billion of debt.
Average FGN bond yields rose 26 basis points to 16.4% as investors repriced the curve for heavy fourth-quarter supply, setting up a test at the Debt Management Office's ₦1.75 trillion auction on 19 October.
Investors bid up to 18.18 per cent on the one-year bill but the Debt Management Office allotted only N269.06 billion against N450 billion offered, rejecting about 78 per cent of 364-day bids to keep a lid on borrowing costs after the rate cut.
More stocks fell than rose across 17 African exchanges on Thursday, with Uganda leading index gains and Ghana the weakest, while attention shifted to Enoch Godongwana medium-term budget on 21 October and a possible R70 billion revenue windfall.
Nigeria has unveiled a portfolio of 65 investment projects requiring a combined $78.5 billion, presented to global investors at the IMF-World Bank annual meetings in Bangkok, with energy and transport accounting for most of the capital sought.
Nigeria's film industry contributed about N2.7 trillion to GDP in 2025, but the absence of auditable records on production costs, revenue and rights ownership makes it hard for investors to judge the returns on individual films, a BusinessDay investigation found.
Dangote Petroleum Refinery is expanding its $1.6 billion IPO into Egypt through a planned depositary receipt programme, with the offer deadline extended to October 27, 2026, to accommodate wider African participation.
Nigeria has unveiled a pipeline of 65 investment projects requiring a combined $78.5 billion in capital, pitched to global investors at the IMF and World Bank Annual Meetings in Bangkok.
Nigeria's stock market has surged about 66% this year on domestic money alone, raising the question of how durable a rally can be without foreign investors.
Foreign capital importation into Nigeria rose by more than 83 percent year-on-year in the first quarter of 2026, led by portfolio investments as global investors returned to the country's money and bond markets.
The initial public offering of Dangote Petroleum Refinery and Petrochemicals was scheduled to close on October 13, 2026, a landmark test of whether Nigerian retail investors will buy into the country's biggest company.
Ethiopia has joined the list of investors in Dangote Petroleum Refinery's initial public offering, broadening the deal's pan-African appeal.
Turnover on the Nigerian Exchange rose to N158.29 billion in the first full trading week of October as investors repositioned ahead of third-quarter earnings.
Dangote Petroleum Refinery has pushed the close of its $1.6 billion IPO to October 27, giving investors more time to subscribe to Africa's biggest listing.
Nigeria's equities market fell for a second straight session on October 13, with the All-Share Index slipping 0.09% as investors booked profits in large-cap stocks after a record run.
The consolidation reduced outstanding shares to 6.85 billion and reset the reference price to N77 without mechanically changing investors' proportional ownership.