Category archives for: Capital Market

Mercer Global Assets Under Delegated Management Hits $213 Billion

New York, United States of America, December 5, 2017/ — Mercer, a global consulting leader in advancing health, wealth and career and a wholly owned subsidiary of Marsh & McLennan Companies, today announced its global assets under delegated management has reached approximately $213 billion.

Equities Market Opens Week In Green, Up 0.08%

Lagos, Nigeria, December 5, 2017// – Trading on the floor of the Nigerian Stock Exchange (NSE) closed northwards yesterday when the All Share Index (ASI) closed at 37,974.58 points, appreciating by 0.08 per cent.

Nigerian Equities Market Appreciates By 1.5%

Lagos, Nigeria, December 4, 2017 – Last week was a four-day trading week due to the Eid-el-Maulud celebration on Friday as investors on the floor of the Nigerian Stock Exchange (NSE) traded a total turnover of 14.257 billion shares worth N35.056 billion in 17,379 deals.

Bank Deputy Warns of Bitcoin Bubble Risks

November 29, 2017//-Investors should be aware of the risks from the rapid rise in the price of digital currency Bitcoin, a Bank of England deputy governor has warned.

Veep: Ghana on Course of Becoming West Africa’s Financial Hub

Accra, November 28, 2017//-Vice President of the Republic Dr. Mahamudu Bawumia is optimistic that government’s determination to make Ghana the centre for financial services in West Africa will take off in 2018.

United Capital Plc Sweeps PEARL Awards Nigeria 

Lagos, Nigeria, 28 November, 2017 – United Capital Plc,  an investment banking services group providing bespoke value-added services to its clients achieved a remarkable feat, winning five awards, three of which were in the Main Competitive  Award Category at  PEARL Nigeria Awards.

Galaxy Capital Ready for SEC’s Minimum Capital Requirement

Accra, November 27, 2017//-Galaxy Capital Limited, the investment subsidiary of the Galaxy Group is in a good position to meet the stated capital requirement to be announced by the Securities and Exchange Commission (SEC).

GTI Securities Picks Elumelu Group as Bargain Stocks

Lagos, Nigeria, November 23, 2017//-Leading investment firm, GTI Securities Limited, has picked United Bank for Africa (UBA) Plc and Transnational Corporation of Nigeria (Transcorp) Plc, as the two topmost stocks for consideration by investors. Tony Elumelu’s Heirs Holding is a major investor in both UBA and Transcorp.

Research: African Currency Troubles Not Over

Accra, November 16, 2017//-The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, has revealed that  African currencies will continue to face downside pressures.

Mixed Trends on African Markets

October 31, 2017//-Still mixed trends this week on African markets with the highlight being signals of a recovery banking sector in Zambia which drove strong performance of the local index.

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