Investing and Global Finance News

Category Archives: Economy

Nigeria and Capital Markets

For the economy in Nigeria to grow and flourish, capital markets are “critical.”  According to Nigerian Stock Exchange CEO Oscar Onyema – in his recent address to the 5th Lagos and London Capital Markets in Partnership Conference – for growth to really happen, Nigeria needs a “solid and vibrant capital market ecosystem that will attract investment and unlock the potential that exists in the economy.”

Apparently though, Nigeria is already becoming an attractive option for international investors.  Being Africa’s “largest economy” according to Iheanyi Nwachukwu “has the potential for a larger capital market that offers better returns for any prospective investor now and in future.”  This sentiment was supported by Head of Primary Markets, Middle East, Africa and India, Gokul Mani who pointed out that:

“Nigeria still offers huge opportunities for investors. Africa and indeed Nigeria are very high focus regions for London Stock Exchange Group (LSEG),”

The NSE and LSE Dual Listing Conference – held earlier this month – was organized in an attempt to enhance and advance relations between the UK and Nigeria.  As the situation currently stands, Britain – according to Laure Beaufils, British Deputy High Commissioner, British High Commission – is 100% in favor of supporting “investment, finance, and inclusive growth in Nigeria. One out of every five companies listed on FTSE 100 Index has business presence in Nigeria.”

 

 

US Economy: Looking Good

According to Jamie Dimon, CEO of JPMorgan Chase, America’s economy is currently looking “pretty good.”  However, it is likely that there will soon be a “downturn,” with the economy “certainly dipping into a recession.” In an article written by Troy Tanzy and Daniel Rangel, it was stated: “Core inflation was back above 2% for March,… Continue Reading

Market Watch: US and China

With any kind of political tension comes the potential for delay in progression of the achievement of economic goals. At least, that could be the case for decision-making (and deals) between America and China.  According to ABB CEO Ulrich Spiesshofer, with America and China’s recent threat to fresh import tariffs, a “quite unique” state of… Continue Reading

Top Performing Businesses

Three recent top performing businesses nationwide that will be reviewed in this article include: Newmont Mining Corporation, the Commercial Bank of California and Immunovaccine. The Sustainability Yearbook 2018  (published by RobecoSAM) recently recognized the Newmont Mining Corporation for top level performance in the mining sector.  This is the fourth consecutive year the corporation has been… Continue Reading

Global Economy: Soundbites

According to recent notifications from the IMF, 3.9 percent of growth is anticipated for 2018 and further increase next year, putting the numbers at the “quickest expansion since 2011.”  At least half of this escalation is due to changes that were approved at the end of last year to America’s tax code.    This US economy… Continue Reading

Warren Buffett’s Berkshire Hathaway Wird Bank of America’s Größter Anteilseigner

Warren Buffett hat 700 Millionen Anteile an der Bank of America zu einem signifikant reduzierten Preis gekauft, und mehr als $11 Milliarden dazugewonnen. Der Schritt folgt seiner Investition von $5 Milliarden in 2011 als die Bank am Schwanken war, welche ihm die Option gab, Anteile zum reduzierten Preis bis 2021 zu kaufen. “Ich bin sehr… Continue Reading