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Nigeria: Foreign Investors' Exit, Higher Money Market Instrument Yield Depress Stock Market By N107.66 Billion in Nine Months

October 1, 2021--The stock market of the Nigerian Exchange Limited (NGX) in nine months of 2021 has dropped by N107.66billion, attributable to foreign investors exit, double-digit inflation rate and movement of liquidity to money market instruments.

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Source: allafrica.com


World Economic Forum Regional Action Group for Africa Financing the Future of Energy

September 23, 2021--Africa's power sector will play a central role in the transition from fossil fuel-driven power generation to a renewable-strong energy mix. The migration to a multi-stakeholder-oriented net-zero power grid is being driven by "the 3Ds:"
Decarbonization: moving from fossil fuel sources to renewables

Decentralization: Shifting from centrally managed generation, transmission, and distribution to decentralized systems

Digitalization: Leveraging digital technology to advance the transition

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Source: weforum.org


Nigerian Stocks Deepen Loss Amid Investors' Reluctance to Hold Bank Shares

September 22, 2021--The all-share index dropped 21.16 points.
Nigerian stocks encountered more strain on Wednesday as the benchmark index slowed 0.05 per cent to its lowest point in more than six weeks and trading activity remained subdued, stoking fears that the turning point needed for the market to reverse its negative year-to-date yield is not yet in the horizon.

Equity investors have been desperate since the week began to get rid of bank stocks at all cost, causing a glut of sales orders that is weakening their valuation and, by extension, the broad performance of stocks.

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Source: allafrica.com


Nigerian Stocks Halt Fragile Recovery On Worsening Investors' Apathy

September 17, 2021--September 17, 2021--Unity led gainers, appreciating by 9.62 per cent to close at N0.57.
Nigerian stocks were 0.15 per cent weaker on Thursday, ending a brief and feeble rally reported at the previous session as investors'apathy in shares deteriorated further, causing an already depressed trade volume level to slide by 8 per cent.

WAPCO, Eterna, Honeywell and GTCO led the retreat, which brought stocks to their lowest level so far in September.

Market breadth was negative as 17 laggards emerged compared to 10 advancers.

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Source: allafrica.com


South Africa: SA Economy Grows By 1.2 Percent in Second Quarter

September 7, 2021--South Africa's Gross Domestic Product (GDP) increased by 1.2% in the second quarter of 2021, Statistician-General Risenga Maluleke said.
Maluleke was releasing results of the 2021 second quarter GDP during a press briefing on Tuesday.

During this period-the months of April, May and June- transport, storage and the communication industry increased by 6.9%, making the largest contribution to GDP growth - 0.5 percentage points.

The statistics agency said increased economic activity was reported for land transport and communication services.

The personal services industry increased by 2.5% and contributed 0.4 of a percentage point to GDP growth. Increases were reported for community services and other producers.

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Source: allafrica.com


FDC: Nigerian equities emerged best 'investment asset class' to hedge against inflation

September 5, 2021--Financial Derivatives Company (FDC) has ranked the Nigerian equities as the "best investment asset" class to hedge against inflation between August 2020 and August 2021.
This is contained in the FDC's August 2021 inflation vs investment return data.

In December 2020, the Nigerian Stock Exchange (NSE) was named the best-performing stock market among the 93 equity indexes tracked by Bloomberg across the world.

The NSE had recorded its best annual return in 2020 - since 2013-with a 45.7 percent gain.

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Source: thecable.ng


Some Nigerian-Based Experts Warn of China's Growing Influence in African Technology

September 2, 2021--Chinese telecommunications giant Huawei says it wants to train up to 3 million African youths to work with cutting-edge digital technology such as artificial intelligence

Already, Nigerian students who took part in a Huawei-sponsored information and communications technology (ICT) competition say the benefits, including possible job placements with the company, are enormous. But experts warn there could be potential negative impacts of China's growing tech influence in Africa.

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Source: allafrica.com


South Africa: UAE, Saudi Arabia brace for economic strategy shake-up

August 24, 2021--South Africa has welcomed a new finance minister at a crucial time for the country's economy
South African President Cyril Ramaphosa appointed Enoch Godongwana, the ruling party's head of economic policy as finance minister, in August, after Tito Moboweni, who was well liked by the investment community, decided to resign.

South Africa is reeling from the civil unrest in July that led to the deaths of more than 350 people. The country is also hard-hit by COVID-19, which saw real GDP plunge by 7 percent in 2020. It is expected to rise by 3.1 percent in 2021 but to have annual growth below 2 percent till 2025, according to the International Monetary Fund.

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Source: Zawya.com


AELP Link order platform to boost trading between African exchanges

August 19, 2021--The African Securities Exchanges Association (ASEA) has signed a contract on 30 July to procure an order-routing system to link stockbrokers on seven of Africa's leading securities Exchanges.

The contract is for the design and rollout of the AELP Link technology platform for routing orders and trade confirmations between stockbrokers on the seven bourses.

The Supplier is DirectFN, a global IT firm experienced in capital markets solutions across the Middle East and many emerging and frontier markets, which was awarded the contract after a competitive bidding process that attracted applications from top international suppliers in 18 countries.

The seven exchanges are working together in the African Exchanges Linkage Project (AELP) to boost pan-African investment flows and bring more liquidity to African markets.

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Source: africancapitalmarketsnews.com


Explosion in electronic payments powers start-up boom in Nigeria

August 19, 2021--Down an alley off Kukawa Street in Lagos Island, across from a building abandoned mid-construction, Paulo Communications does a brisk trade. On an average day, dozens of customers walk past fried food and fresh fruit stands to visit his street-side shop and top up their mobile phones or pay their monthly satellite TV bills.

The shop's biggest business is mobile transactions. It completes dozens of withdrawals, deposits and payments for customers every day, using half a dozen different systems offered by telecommunications giants, big banks and the fintech companies that have made Lagos- Nigeria's commercial capital-Africa's hottest start-up scene, accounting for roughly a fifth of the continent’s total venture capital funding in 2020.

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Source: todayuknews.com


Americas


June 27, 2025 New Age Alpha Fund Trust files with the SEC
June 27, 2025 Principal Exchange-Traded Funds files with the SEC
June 27, 2025 DBX ETF Trust files with the SEC
June 27, 2025 Advisors Series Trust files with the SEC
June 27, 2025 Alger ETF Trust files with the SEC

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Europe ETF News


June 16, 2025 ESMA's activities in 2024 focused on strengthening the EU capital markets and putting citizens and businesses at the heart of it
June 12, 2025 Janus Henderson launches active fixed income ETF
June 12, 2025 ifo Institute Raises Growth Forecast for Germany
June 10, 2025 ESMA publishes latest edition of its newsletter
June 06, 2025 Active ETF fever grips selectors-is the end in sight for mutual funds?

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Asia ETF News


June 25, 2025 QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
June 18, 2025 Mirae Asset Global Investments Launches MIRAE ASSET TIGER CHINA GLOBAL LEADERS TOP3 PLUS ETF, Tracking Solactive-KEDI China Global Leaders TOP3Plus Index
June 13, 2025 Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
June 13, 2025 Unlocking Consumption to Sustain Growth in China -World Bank Economic Update
June 13, 2025 US trading firm Virtu weighs foray into China market-making business

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Global ETP News


June 14, 2025 Global Economic Prospects-Global Economy Faces Trade-Related Headwinds
June 12, 2025 Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs 
June 10, 2025 Global Economy Set for Weakest Run Since 2008 Outside of Recessions
June 03, 2025 Trade Reckoning

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Middle East ETP News


June 19, 2025 GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 16, 2025 Saudi Exchange leads market losses across the GCC

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ESG and Of Interest News


June 18, 2025 Global Energy Transition Gains Ground, but Security and Capital Challenges Persist
June 17, 2025 Pacific Economic Update: Slowing Growth Highlights Need for More Inclusive Workforce
June 10, 2025 Global Carbon Pricing Mobilizes Over $100 Billion for Public Budgets
June 07, 2025 Accelerating Blue Finance: Instruments, Case Studies, and Pathways to Scale
June 03, 2025 The Longevity Dividend

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White Papers


May 30, 2025 IMF Working Paper-Interest Rate Sensitivity Scenarios to Guide Monetary Policy

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