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For the second time this week, the Central Bank (CBN) depreciated the value of the naira as the official exchange rate rose by N3.4 yesterday.
The African Youth Business Forum (AYBF) in collaboration with the Federal Ministry of Youth Development is to organise an international forum on 'wealth creation and investment strategies' for the youth.
There were indications that activities on the over-the-counter market for trading in Federal Government stocks remained very active in the month of December, just like in the past, as investors continued to besiege the market in search of a less volatile and safe haven for returns and value preservation.
The curtain finally fell on the 2008 trading year on Wednesday December 31, thus bringing to a close a year when many investors regrettably agree is the worst yet, as against the situation at the same time of previous year when the same investors celebrated a year that unarguably unleashed the growth potentials of the same indicators.
OANDO Exploration and Production Limited (OEPL), the upstream arm of Oando PLC, has announced the acquisition of 75% interest in Exiles Resources' 40% working interest in the Akepo Field through the signing of a Financial and Technical Services Agreement on 23 October, 2008.
Governor Isa Yuguda of Bauchi state, has been most unfortunately and erroneously portrayed by critics as a non-performer simply because of his penchant for trips overseas primarily to woo foreign investments to his state. Fortunately such pedestrian misconception emanating mainly from his detractors who are hell bent to pull him down at all cost and by all means appears to have been debunked as ...
TULLOW has announced successful drilling results from the Hyedua_2 appraisal well offshore Ghana. The success of this well has substantially increased the proven areal extent of the Jubilee field and is likely to lead to material upgrades of current resource estimates.
An Owerri based industrialist has, with the support of the University of Ghent, Belgium, developed a film galvanizing system known as Zinga, which answers the present industrial challenges for the protection of all steel materials against corrosion.
DELEGATIONS from the Chinese embassy in Kampala and investors from China have started inspecting the proposed free-trade area in Rakai as they prepare to invest billions of dollars in the project.
In spite of the world economic crisis, the Tunis stock exchange has progressed by 10,7% in 2008 , the third best performance in the world, according to the French news agency AFP.
The Managing Director, International Energy Insurance Plc (IEI), Jacob Erhabor, has raised an alarm that the 49 insurance and two reinsurance companies in the country risk being sanctioned over the continuous fall in the prices of shares quoted on the floor of the Nigerian Stock Exchange (NSE).
OPPOSITION political party leaders have advised President Yoweri Museveni to support local investors the same way he was helping foreigners.
The prison services will work this year in the relaunch of agricultural and cattle breeding growth points and in factories throughout the country for prisoners' self food supply, Angop learned.
Governor Babatunde Raji Fashola (SAN) has assured potential investors in the Lagos Rail Mass Transit (LRMT) projects of the security of their investment. He said the State has a robust legislation on law and order as well as one that secures the culture of civic responsibility.
The Ministry of Foreign Affairs and Cooperation (MINAFFET) will focus on improving business relations with European countries while minimising the country's dependency on their aid, Foreign Minister, Rosemary Museminali revealed yesterday.
THE National Forestry Authority (NFA) is at the centre of growing controversy following the allocation of an acre of land at Nakawa forest reserve to a private investor without competitive bidding.
If the reported mandate given to the new Minister of Petroleum, Alhaji Rilwan Lukeman by President Umaru Musa Yar'Adua, is to clean up the mess created in the energy sector by former President Olusegun Obasanjo, he will soon find shockers.
Managing Director, Lasaco Assurance Plc, Olusola Ladipo-Ajayi, says the fact that majority of banks in Nigeria now own insurance companies as subsidiaries would not affect the growth of insurance or hamper the growth of the industry in any way.
IT is easier to invest in Third World countries like Uganda than investing in the developed world.
Tunisia is confirming its reputation as one of the best spots for investing in property. In an online article released on Tuesday, the international property portal Homesgofast.com has predicted that Tunisia is part of the three top places to invest within Africa and the Middle East for 2009.
To positively usher in the New Year for millions of Nigerians, Common Sense Training and Seminars Limited, publishers of "The Pathway to Wealth", an inspirational book that deals extensively with wealth creation principles from the Biblical perspectives and Pastor Olumide Emmanuel, its best-selling author, have concluded plans to hold a one-day free finance seminar for interested members of the ...
The Independent Shareholders Association of Nigeria (ISAN) has urged investors in the nation's capital market not to sell their share and has assured that the market is a good place for long-term investment.
UGANDANS living in the diaspora have been assured of security when they return to invest in the north.
While the bank chiefs and the Central Bank of Nigeria have consistently advised Nigerians to keep faith with the ailing Nigerian Stock Exchange market, an investment adviser is suggesting that Nigerian investors should begin to seek alternative ways of investing their monies for better returns as the bearish trend in the market continues unabated.
The Nigeria Stock Exchange (NSE) is to handover stock broking scams to the Economic and Financial Crimes Commission (EFCC) for investigation and prosecution, as part of efforts to curtail illegal financial activities.
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