Traders work at the Nigerian Stock Exchange in Lagos

NSE, Afrinvest Launch Factor Equity Indices to Optimize Investors’ Returns

Lagos – January 21, 2019. The Nigerian Stock Exchange (“the Exchange” or “NSE”), a multi-asset exchange & index provider, and Afrinvest Securities Limited (“ASL”), a leading capital market research and securities execution platform, are pleased to announce the launch of two new factor indices: the NSE-Afrinvest Banking Value Index (NSE-Afr BVI) and NSE-Afrinvest High Dividend […]

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AFRINVEST

Syntaxis Africa, Afrinvest partner on ₦12 bln private equity fund for SMEs

Syntaxis Capital Africa has partnered with Afrinvest Asset Management Limited to launch a ₦12 billion private equity fund, designed to meet the funding needs of Small and Medium Enterprises (SMEs) in the country including selected countries in Sub-Saharan Africa. The growth fund would cover a variety of sectors including manufacturing, agri-processing, healthcare, education and non-banking […]

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CBN hq

“CBN spends $15.9 billion in 9-month on forex interventions”

The Central Bank of Nigeria (CBN) has spent $15.9 billion in nine months on its weekly foreign exchange (forex) intervention, the Managing Director, Afrinvest Securities, Ayodeji Ebo, said yesterday. Ebo, who stated this Thursday in Lagos at the Finance Correspondents Association of Nigeria (FICAN) discourse on Economic Outlook , said the figure was an improvement […]

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GTBank

GTBank’s insider-related lending level rated low – Afrinvest

Afrinvest West Africa Limited, a Nigeria-based research and investment advisory firm, has said that Guaranty Trust Bank Plc’s insider-related lending level is low, contrary to its earlier report categorising it as severe. The 2017 Nigerian Banking Sector Report published by the research firm categorised the severity of insider lending positions in 14 quoted Deposit Money […]

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AFRINVEST

Afrinvest launches Plutus Fund, affordable saving solution

Afrinvest Asset Management Limited, a subsidiary of Afrinvest (West Africa) Limited, has launched the Afrinvest Plutus Fund, a simple and affordable saving solution designed for all classes of income earners with a minimum subscription of ₦5,000. The Afrinvest Plutus Fund is an open-ended money market unit trust scheme approved by the Securities & Exchange Commission […]

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AFRINVEST

14 Nigerian banks record 91.8 pct increase in impairment charges: Afrinvest reports

The 2017 edition of the annual Nigerian Banking Sector Report by Afrinvest (West Africa) Limited has shown that a total of 14 banks recorded 91.8 per cent increase in impairment charges as a result of weaker asset quality and the one-off forbearance on writing off fully provisioned loans granted by the Central Bank of Nigeria […]

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AFRINVEST

Afrinvest to present 2017 edition of Nigerian Banking sector report at LSE

Afrinvest (West Africa) Limited is set to present the 2017 edition of its Annual Nigerian Banking Sector Report at the London Stock Exchange, LSE, later this month. The presentation of the report is scheduled as the anchor event of the Nigeria Banking & Investment Forum: Capital Markets Partnership, hosted by the LSE in collaboration with […]

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