Nigerian Breweries News

Nigerian stocks hit 33-month high on foreign fund buying

Nigerian stocks hit 33-month high on foreign fund buying

Nigerian stocks hit a 33-month high on Tuesday as foreign investors bought shares following improved liquidity on the currency market and a strong half-year performance by listed companies.

Compelling investment markets in Africa. Credit: sc.com

Nigeria offers investors a unique opportunity for strong long-term growth: Global X MSCI Nigeria ETF (Infographics)

Nigeria is currently offering investors a unique long-term growth opportunity at a great value through the Global X MSCI Nigeria ETF (NGE).

Heineken's Nigeria unit to raise $502M to support growth

Heineken's Nigeria unit to raise $502M to support growth

Nigerian Breweries Plc, the West African nation’s largest brewer, said it plans to sell 100 billion naira ($502 million) in debt to boost liquidity and support growth even as lower crude prices impact spending in the continent’s most populous country.

Market Vectors Africa Index ETF (AFK)

Invest In Africa's Growth Through The Market Vectors Africa Index ETF

The Market Vectors Africa Index ETF is the simplest and most efficient solution for investors to gain exposure to Africa’s economic growth. The fund has experienced a sharp drop in price since 2014, which is not at all correlated to the financial earnings of the fund’s major holdings.

Investing In Africa with ETFs

Investing In Africa with ETFs

Is there an app for that? A few years ago that was a fun and only slightly rhetorical question, as we traded in our flip phones for smart phones and our PCs were catching flak from the tablet takeover. Today no one asks, because the answer is unequivocally “yes.”

A shopper peruses the grocery aisles at the South Africa–based Shoprite in the three-year-old Ikeja City Mall. Photo credit: nationalgeographic.com

Global X MSCI Nigeria ETF: Speculative multi-year play approaching attractive valuation

The bet is a very long-term (multi-year) play on: (1) Earnings growth; and (2) Increased multiples assigned to equities by market participants as Nigeria’s markets mature.

The long case for the Global X Nigeria exchange-traded fund (ETF)

The long case for the Global X Nigeria exchange-traded fund (ETF)

Wall Street and the rest of the world has watched as oversupply has caused oil prices to plummet from well above $100 a barrel to below $70 a barrel in a matter of weeks. This has caused mass hysteria, leading to overselling of many otherwise sound assets.

Mark Mobius, Executive Chairman of the Templeton Emerging Markets Group, Franklin Templeton Investments

Why Africa is the next emerging markets success story: Mark Mobius, Executive Chairman of the Templeton Emerging Markets Group

Emerging markets super-bull Mark Mobius has his sights set on a new region: Africa.

Cadbury

The 20 most valuable companies in Nigeria

Discover the 20 most valuable companies in Nigeria.

Heineken

Heineken wins regulatory approval to merge Nigerian Breweries & Consolidated Breweries

Nigerian Breweries (NB) said on Monday it won regulatory approval to merge its operations with rival Consolidated Breweries, majority owned by its parent firm Heineken.

Michael Levy, Manager of the Baring Frontier Markets Fund, Baring Asset Management

Africa’s economic lions poised for growth

Nigeria and Kenya should outperform their frontier market peers because of strong economic fundamentals and attractive valuations, managers have said.

Siep Hiemstra, President, Heineken Middle East and Africa

Nigeria's Potential Outweighs Risk: Siep Hiemstra, President, Heineken Middle East & Africa

Heineken NV (HEIA), the world’s third-biggest brewer, said the potential of the Nigerian market outweighs the security risk caused by deadly bombings in Africa’s biggest economy.

Nigerian Stock Exchange (NSE) All-Share Index (ASI)

The Nigerian Stock Exchange flies with help from MSCI

Nigeria is receiving a large influx in foreign portfolio flows in spite of investors’ unease following the terror campaign of Boko Haram, after a closely-tracked index provider increased significantly the weighing of Africa’s largest economy.

Nigerian Naira

Nigerian economy leads frontier market opportunities

Companies such as Guaranty Trust Bank, Zenith Bank, and Nigerian Breweries have put Nigeria at the forefront of frontier market opportunities, according to Baring Asset Management.