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Market

Should meme stocks be part in your stock portfolio?

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 […]

09 June 2021 | 4 MIN READ
Market

A Corporation’s ambition and its effect on the Naira.

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 […]

03 June 2021 | 4 MIN READ
TGIC News

TGIC – How TGIC funds growth and innovation for SMEs

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 […]

28 May 2021 | 4 MIN READ
Market

Is the market dip over yet?

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 […]

27 May 2021 | 4 MIN READ

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Market

What the race to space is really all about.

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 […]

19 May 2021 | 4 MIN READ
Investments

Is there a relationship between the trend in the stock market & Crypto market?

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 […]

13 May 2021 | 4 MIN READ
TGIC News

CNBC ”Power Lunch” interviews TGIC Founder on recent TGIC report

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 […]

11 May 2021 | 4 MIN READ
Market

A subsidy conversation, a board shake-up and a possible recovery in the crypto market

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 […]

06 May 2021 | 4 MIN READ

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