Africa ETP News
you are currently viewing::Nigeria: Stock Market Returns Bearish As Investors Lose N1.3 Trn in 5 DaysNovember 4, 2024--The Nigerian stock market ended last week ended on a bearish note, as both the Nigerian Exchange, NGX All Share Index, ASI and market capitalisation fell to 97,432.02 points, and market N59.038 trillion, down from the previous week's close of 99, 448. 91 points and N59. 432 trillion respectively. Specifically, investors lost over N1.222 trillion of their investments on the Exchange following the bearish sentiments that was driven by decreases in the share prices of prominent stocks, including Aradel which was newly listed, declining by 10.00%, UACN 5.73% , UBA 2.68% among other shares... Source: allafrica.com |
New World Bank Report Highlights Four Pathways to Spur Job Creation and Inclusive Growth in South Africa
February 28, 2025--A new World Bank report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions" asserts that a robust economic recovery, shared across all sectors of society, can be achieved in the immediate future by implementing a series of policy actions in four priority areas: infrastructure services, greater private sector participation, creating cities as engines of growth, and efficient public spending.
