Investors and stockbrokers in the Nigerian capital market now have an opportunity to experience ease in investing in the market following the introduction a new online real-time trading platform called MorganCapital iTrade.
Updated 6 Years ago

Dubai construction firm Arabtec tumbles its daily 10 per cent limit for a third session in a row, fuelling a broad and aggressive sell-off on the emirate’s stock market. Dubai’s benchmark plunges 6.2 per cent, heading for its biggest daily loss since last August, as almost all stocks decline, giving up early-session gains.
Updated 6 Years ago

Naira on Monday strengthened against the US dollar by 0.14 percent or N0.22k at the inter-bank market following the supply of dollar by the Central Bank of Nigeria (CBN) and oil companies to the tune of $342.5 million and $101 million, respectively.
Updated 6 Years ago

To attract more foreign investment and help grow the economy, Japan is looking to encourage more foreigners to start their own businesses in Japan by easing visa requirements in specially designated zones. The most common way to start a business here is to get an investor/business manager visa. But applicants must first secure office space and have at least ¥5 million on hand to invest in the business or hire at least two full-time workers before they even apply for it.
Updated 6 Years ago

A trade and investment mission led by the Irish Minister for Jobs, Enterprise and Innovation arrived in Beijing on Monday, aiming to attract investment from China's information communication technology sector by introducing Irish high-tech firms to Chinese firms. Richard Bruton, Minister for Jobs, Enterprise and Innovation, said at the first China Ireland Technology Summit - a networking event for China and Ireland's high-tech firms - that Ireland has a strong strategic positioning that makes it a prime base for Chinese companies to enter the EU and global markets.
Updated 6 Years ago

Dangote Industries Limited has secured a $300 million facility from African Development Bank, AFDB to finance the construction of its crude oil refinery and Greenfield fertilizer manufacturing plant. - See more at: http://www.vanguardngr.com/2014/06/dangote-gets-300m-facility-refinery-construction/#sthash.fhyoGN8y.dpuf
Updated 6 Years ago

The government’s decision to negotiate with holdout hedge funds has had a positive impact on the stock market. Buenos Aires stock market opened in an upward trend today, with a 5.7% rise to 7,786.17 units. Bonds and coupons went up by 18% and Merval index by over 5%. After President Cristina Fernández de Kirchner stressed the government’s willingness to pay “100% of its creditors” last Friday, and awaiting Argentina’s formal presentation before US Judges Thomas Griesa, investors reacted with optimism in the beggining of the week.
Updated 6 Years ago

President Cristina Fernández de Kirchner has revealed that her government will introduce a new credit scheme for buying new cars, in a bid to arrest the decline in the automotive industry since the start of 2014. Accompanied by Industry minister Débora Giorgi in Government House, the head of state released details of the Pro Cre Auto plan, which aims to boost sales in the flagging sector.
Updated 6 Years ago

Argentina will install 3.5GW of generation capacity over the next 12 months, a government release said. Projects include the 745MW Néstor Kirchner nuclear plant, due to come online any day now, and the gas-powered 560MW Vuelta de Obligado facility.
Updated 6 Years ago

Nigeria has opened invitation to the Russian business community to take advantage of its enormous human and natural resources, and invest in its petroleum value chain – upstream, downstream, and gas.
Updated 6 Years ago