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Weekly Economic Index: Nigeria hikes electricity tariff, NGX invests in Ethiopian securities, and Zimbabwe new currency - Vimarsana News

Weekly Economic Index: Nigeria hikes electricity tariff, NGX invests in Ethiopian securities, and Zimbabwe new currency

Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week

NGX continues downturn as investors lose N252bn - Vimarsana News

NGX continues downturn as investors lose N252bn

The stock market of the Nigerian Exchange Limited, NGX, witnessed further losses on Thursday as market capitalization dropped by N252 billion.

Leasing Company Reports N23.96 Billion in Gross Earnings For 2023 - Vimarsana News

Leasing Company Reports N23.96 Billion in Gross Earnings For 2023

C&I Leasing, one of the top leasing firms in Nigeria, has reported gross earnings of N23.96 billion in 2023 as the leasing industry continues to experience growth.

Source: legit.ng
Equity market closes strong, investors gain N1.45bn - Vimarsana News

Equity market closes strong, investors gain N1.45bn

The domestic bourse on Friday ended the week on a positive note, with 844.49 million shares valued at N15.04 billion exchanged in 15,255 deals. As a result the All-Share index, went up by 2.88 per cent or 2651.2 pionts to close at 94,538.12 against 91,896.97 posted on Thursday. Similarly, market capitalisation which opened at N50.289

Extraordinary grace, strength, destiny, propel me – Dr Maduka Onyishi says as he wins Vanguard Newspaper Innovator of the Year Award - Vimarsana News

Extraordinary grace, strength, destiny, propel me – Dr Maduka Onyishi says as he wins Vanguard Newspaper Innovator of the Year Award

Sam Maduka Onyishi (MON), the founder of Maduka University Enugu and Peace Mass Transit has received the prestigious Vanguard Innovative Investor of the