Author: Charlotte

By Izunna Nkwachukwu Nigeria risks squandering the gains of its economic reforms and missing out on the opportunities offered by the African Continental Free Trade Area (AfCFTA) unless the Federal Government moves from policy announcements to full implementation, manufacturers have warned. Chairman of the Manufacturers Association of Nigeria Export Group (MANEG), Ruth Owojaiye, said the disconnect between macroeconomic reforms and the realities confronting businesses on the factory floor remained a major threat to Nigeria’s industrial competitiveness. Owojaiye, who is also Director of Corporate and Regulatory Affairs at British American Tobacco Nigeria (BATN), spoke on Wednesday as a panellist at the…

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Amit Ashvin Mehta, SVP, Strategy & Business Ops of Resideo Technologies(NYSE:REZI), executed a direct purchase of 10,928 shares of common stock on Aug. 17, 2026, according to a recent SEC Form 4 filing.Transaction summaryMetricValueShares purchased10,928Transaction value$226,000Post-transaction shares (directly held)57,362Post-transaction value$1.1 millionTransaction value based on SEC Form 4 weighted average purchase price ($20.68); post-transaction value based on Aug. 17, 2026, market close ($20.64).Key questionsHow does this acquisition align with the current equity position of the SVP?The purchase of 10,928 shares represents a 24% expansion of Mehta’s direct equity holdings, suggesting a commitment to increasing personal exposure at current price levels.What is…

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Credit-risk funds have emerged as the best-performing debt mutual fund category over the past three years, delivering 8.97% returns. The category has benefited from improving corporate balance sheets, lower leverage, better profitability and easing concerns around defaults.The strong performance, however, comes with a higher level of risk. Credit-risk funds invest in lower-rated corporate bonds to generate higher yields, exposing investors to the possibility of downgrades, defaults and liquidity stress.For investors considering the category after its recent performance, experts say the key is to look beyond returns and understand how those returns were generated.Credit-risk funds ride stronger corporate balance sheets to…

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The National Highways Authority of India (NHAI) has signed an MoU with the National Council of Applied Economic Research (NCAER) to establish India’s first independent research centre focused on transportation, mobility and logistics economics. National Highways Authority of India (NHAI) on Tuesday signed a memorandum of understanding with the National Council of Applied Economic Research (NCAER) to establish a research centre on transportation, mobility and logistics.The centre, to be set up at the NCAER, will be India’s first permanent and independent research centre dedicated to the economics of transportation, mobility and logistics, an official statement said.The Centre will serve as…

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AUSTIN, Texas, Sept. 2, 2026 /PRNewswire/ — Direct Equity Source is pleased to announce the acquisition of three new self-storage properties in Granbury, Texas, in partnership with its experienced operations partner. The acquisitions represent another milestone in the firm’s strategy of expanding its portfolio of high-quality, income-producing real estate assets throughout Texas and other high-growth markets. One of Direct Equity Source’s Lake Granbury Storage facilities Located in one of North Texas’ fastest-growing communities, the Granbury properties strengthen Direct Equity Source’s presence in a market supported by strong population growth, increasing demand for storage solutions, and a resilient local economy. “Our…

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Private credit fills the post-2008 regulatory gap left by Dodd-Frank Europe’s bank-dependent market shifts as Basel rules bite Direct euro-area bank exposure stays small but concentrated Banks’ share of business lending in the UK fell from 48% to 29% within a decade, according to data released by the Bank of England. At the same time, private credit as a percentage of bank loans to non-financial corporations in advanced economies more than doubled, from 5% in 2012 to 12% in 2023, based on OECD data. The regulatory framework that emerged after the 2008 crisis focused almost exclusively on large, systemically important…

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