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NGE News and Press, Global X MSCI Nigeria From 05/28/23

Stock Information

Company Name: Global X MSCI Nigeria
Stock Symbol: NGE
Market: NYSE

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NGE - NGE: Near 50% NAV Discount Not Enough To Compensate For Nigeria Risks

2023-05-28 03:51:33 ET Summary Nigerian equities have risen this year. But sticky inflationary pressures, steep rate hikes, and severe Naira shortages are major headwinds. Even with the Global X MSCI Nigeria ETF at a record NAV discount, the risk/reward isn't great. ...

NGE - Nevada Exploration Provides Corporate Update

VANCOUVER, British Columbia, May 04, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) provides the following update: Data Review and Target Generation The Company has engaged certain experts to conduct a c...

NGE - Vulnerable Housing And Real Estate Markets

2023-04-28 04:00:00 ET Summary House prices experienced sharp increases in most developed economies during the last decade. Activity has remained fairly resilient in most eurozone housing markets in the face of tightening financial conditions and cooling demand. A housing bubb...

NGE - GDP Growth In Sub-Saharan Africa Likely To Slow In 2023

2023-03-26 06:00:00 ET Summary Inflation is expected to remain elevated longer in Sub-Saharan Africa than in other regions. The surge in global commodities prices in 2021 gave room to Sub-Saharan Africa countries to adopt fiscal consolidation measures as tax proceeds, particularly...

NGE - Middle East And North Africa: New Growth Drivers

2023-03-22 00:36:00 ET Summary The Middle East and North Africa (MENA) region is benefiting from a resurgence in growth. Giga projects have been the cornerstone of the multi-year reform process underway in the region. MENA's weight in the MSCI Emerging Markets Index has increa...

NGE - Nigeria Cash Crisis Hits Activity In February

2023-03-08 09:21:00 ET Summary February Stanbic IBTC Bank PMI data, compiled by S&P Global, signalled the sharpest decline in business activity since the Nigeria PMI survey began in 2014, outside of the first wave of the COVID-19 pandemic. Fuel shortages exacerbated the cash-r...

NGE - Nevada Exploration Announces Effective Date of Consolidation

VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announced today that, following approval from the TSX Venture Exchange, the previously announced consolidation of the Company’...

NGE - NGE: Nigerian Stocks Offer A High Potential IRR But Not Without Risk

Summary NGE offers a high IRR in nominal terms. Meanwhile, FX risk should in theory be limited. However, in more practical terms, the nature of NGE is high-risk; equity risk premiums and the apparent FX risk premium are high. NGE is somewhat alluring, but I do not think that the...

NGE - Nevada Exploration Announces Share Consolidation

VANCOUVER, British Columbia, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announces that it intends to complete the share consolidation (the “Consolidation”) of its common shares (“Comm...

NGE - Nevada Exploration Reports the Results of 2023 Annual General and Special Meeting

VANCOUVER, British Columbia, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) reports the results of its annual general and special meeting (the “ Meeting ”) of shareholders held on January 24...

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