Business

Afrinvest lists critical imperatives for economic growth, prosperity

Ihesiulo Grace 2 December 2019 0

Leading independent investment banking firm, Afrinvest West Africa Limited has identified structural reforms that are essential for strong economic growth and prosperity of the Nigerian economy. Listing the reforms during the unveiling of 2019 Banking Sector Report titled ‘Beyond the Precipice:

Business

Investors in equities market lose N26.4bn in one day

Ihesiulo Grace 10 May 2019

…As ASI declines by 0.24% Temitope Adebayo Investors in the equities market of the Nigeria Stock Exchange (NSE) continued its bearish run for the fourth consecutive trading session to lose N26.4 billion which was impacted by price depreciation recorded in medium and large capitalized stocks. The All Share Index (ASI) dropped 70.16 basis points, representing […]

Capital Market

Afrinvest Plutus Fund’s offering to close December 18

Ihesiulo Grace 7 December 2017 0

Investors with objective of generating assured earnings on their investments have been urged to take advantage of the ongoing Afrinvest Plutus fund, a money market investment, which has been scheduled to close on 18th December, 2017. The fund offer, which opened on Monday, November 20th, 2017, according to the fund managers, will be a beneficial […]

Business

Afrinvest inaugurates money market fund

Ihesiulo Grace 20 November 2017 0

Afrinvest Asset Management Ltd, a subsidiary of Afrinvest (West Africa) Ltd, has launched the Afrinvest Plutus Fund, a simple and affordable saving solution designed for all classes of income earners with a minimum subscription of N5,000. The Afrinvest Plutus Fund is an open-ended money market unit trust scheme approved by the Securities & Exchange Commission […]

Business News

Afrinvest unveils 2017 Banking Sector Report at LSE

Ihesiulo Grace 30 October 2017 0

*Says Nigeria has reopened for Business Sam Nzeh Afrinvest (West Africa) Limited launched the 2017 Edition of the annual Banking Sector Report at the London Stock Exchange (LSE), heralding the call that Nigeria has reopened for business. The launch of the report was the anchor event of the 4th Nigeria Capital Markets and Banking Forum […]

Business

Crystallisation of asset quality risk still a threat to Nigeria’s banking sector-Afrinvest

Ihesiulo Grace 22 October 2017 0

Sam Nzeh Afrinvest (West Africa) Limited says the outlook of Nigeria’s banking sector for the rest of 2017 and 2018 remains positive. The firm, however, cautioned that crystallisation of asset quality risk still poses a threat to the sector, given that the economy is still recovering from a recession and banks loan book is heavily […]