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The Story American Multi-Cinema (AMC) has been in the news since Wednesday, 2nd of June 2021. Why? It’s the return of Reddit retail investors to the Wall Street. These investors have since the beginning of the year been betting on stocks with little or no fundamental value (value based on financial performance) and raising their […]
The Stories Two weeks ago, the Central Bank of Nigeria deleted N379/$ as the official value of the Naira to the dollar from its website. For a short while, no announcements were made as to the official value of the Naira to the dollar. Last week, during the press briefing that followed the bi-monthly Monetary […]
Some of our investment partners shared how TGIC’s fund raising efforts have enabled growth in their businesses at the media parley event. Stories like those shared by the investment partners and members of The Green Investment Club , in the video below, show the impact of funding on small businesses who desperately need funding to grow in […]
The Story Wednesday, the 19th of May, 2021 was an ugly day for financial markets around the world. Most stock markets around the world (including the Nigerian Stock Exchange) closed negative. In the cryptocurrency market, Bitcoin fell 30% while other cryptocurrencies also dropped significantly. The commodities market wasn’t left out of the party as oil […]
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The Story The Nigerian Communications Commission (NCC) recently announced, Starlink (The internet service subsidiary of Elon Musk’s SpaceX) is engaging the commission for the launch of its internet services in Nigeria. According to the information on the commission’s website, the commission is seeking to balance healthy competition with the entry of disruptive technologies to ensure […]
With Innovation in technology came the cryptocurrency market. Though there was an initial hesitation by investors to accept this trend, it has now become an asset everyone is watching closely. Is the attention on this new asset taking away investors from the stock market? or has the emergence of crypto assets drawn the attention of […]
TGIC Founder, Tomie Balogun, was interviewed by CNBC “Power Lunch” on the money moves of today’s young Nigerian investor The following topics were covered: Ways to navigate the investment space in Nigeria How the Nigerian youth is navigating the recent economic trends How TGIC is helping millennials and GenZs invest in Nigeria The recent trend in […]
Three Stories this week The Nigerian National Petroleum Corporation (NNPC) in the past week announced it will not be remitting money to the Federal Accounts Allocation Committee (FAAC) in May 2021. The government agency in a letter addressed to the accountant general of the federation noted that N111.96bn will be deducted from oil and gas […]
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