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SFS Real Estate Investment Trust has announced an expansion for the fiscal year 2024, showing a significant rise of 50.26 percent in net income, amounting to N477.09 million. On Tuesday, the company released a statement attributing this performance to consistent rental revenue, well-executed asset sales, and earnings from interests. The REIT’s gross income rose…
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By Kingsley Webora TANKEH The CEO of the National Pensions Regulatory Authority, Christopher Boadi-Mensah, has urged fund managers to broaden their investment portfolios as a means to minimize risk and enhance returns for the sake of national progress. “The proper administration of pension funds plays a crucial role in ensuring the well-being of our…
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Vietnam’s benchmark VN-Index fell 0.2% to 1,267.3 points Friday after rising in the previous four sessions. The index finished 2.5 points down following an increase of 19.4 points in the preceding session. Trading on the Ho Chi Minh Stock Exchange fell 9.42% to VND17.31 trillion (US$661.2 million). The VN-30 basket, comprising the 30 largest…
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By Dela AGBO In the constantly evolving landscape of perorangan and organizational finances, constructing a well-balanced investment portfolio stands as one of the key factors for achieving lasting monetary prosperity. Whether you’re saving for retirement, funding a business, or growing generational wealth, understanding how to strategically combine equity, debt, and alternative assets to match…
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Tendai M. Shaba’s “How to Make Money Grow on Trees” serves as a financial guide focused on personal finance and investments, specifically designed for the economic landscape of Malawi but also tackling wider African issues. Shaba, a writer from Malawi who has studied business administration, applies his knowledge to explain financial ideas in a…
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…this investment will create more than 1,000 new jobs. Growth Investment Partners (GIP) Ghana Ltd., a venture initiated by British International Investment (BII), has declared an investment in Maagrace Garments Industries Limited (MGIL), which is a prominent player in Ghana’s garment production sector. This funding will support the establishment of a new manufacturing plant…
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Tendai M. Shaba’s “How to Make Money Grow on Trees” serves as a personal finance and investment handbook, specifically designed for the economic landscape of Malawi but also tackling wider African issues. Shaba, a writer from Malawi who has studied business administration, applies his education to explain financial ideas in a straightforward and understandable…
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Morocco has obtained €65 million in green funding from the European Bank for Reconstruction and Development (EBRD) to aid its national shift towards a more sustainable, low-carbon economic model. The financial support, which is part of the EU-supported Morocco Decarbonisation and Climate Resilience initiative, will focus on enhancing climate resilience, promoting an energy shift…
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The primary focus of an important three-day workshop held in Tripoli, the capital of Libya, was to secure private sector investments aimed at fostering peace, enhancing stability, and driving economic resurgence in the country. This event, organized by the African Development Bank in collaboration with the Libyan Ministry of Finance, underscored the significance of…