Friday, 29th March 2024
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David Adonri

11 Jan
Operators have renewed calls for market reform that would help reactivate the primary market segment of the capital market and stimulate fundraising through an initial public offering (IPO).
2 Jan
President Bola Tinubu, yesterday, signed the adjusted N28.78 trillion budget into law, an action that may have reset the budget cycle to January-December.
29 Sep 2023
Domestic transactions on the Nigerian Exchange Limited (NGX) fell by 45.3 per cent within a 16-year period, from N3.6 trillion in 2007 to N1.9 trillion in 2022, the latest Domestic and Foreign Portfolio Investment (FPI) report has shown.
13 Sep 2023
Nigeria’s FTSE downgrade from frontier market to unclassified will cause a colossal damage to the capital market and erode investor confidence, unless urgent steps are taken to reverse the trend, experts have said.
2 Jun 2023
The peaceful transition to a new administration, coupled with its blunt expression of willingness to tackle lingering macroeconomic challenges facing the economy, especially the foreign exchange (forex) crisis has caused the equities market to gain N1.8 trillion in May 2023.
22 May 2023
The inability of the Nigerian capital market to contribute significantly to capital formation under President Muhammadu Buhari in the past eight years is in focus as the administration comes to an end.

Latest

4 mins ago
The FCT Commandant of the Nigeria Security and Civil Defence Corps (NSCDC), Mr Olusola Odumosu, has inaugurated the Corps Female Strike Force to protect schools in the territory.
2 hours ago
About six months after President Bola Tinubu recalled all career and non-career ambassadors in diplomatic missions worldwide, their offices in embassies and consulates have remained vacant.
2 hours ago
Banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said.
2 hours ago
Disconnected Subscribers Identification Module (SIM) cards as a result of unverified National Identification Number (NIN) may hit 50 million from the second phase of the disconnection of unlinked SIMs to NIN exercise, which begins today, March 29.
2 hours ago
Nigeria’s sole surviving club in CAF’s inter-club competitions, Rivers United, are billed to host the first leg of the Confederation Cup final if they qualify for the title game.
2 hours ago
The Central Bank of Nigeria (CBN) has auctioned N1.64 trillion worth of treasury bills.
2 hours ago
Brethren, our immersion in the school of Ramadan is progressing steadily. Yes, the ‘school’ of Ramadan.
2 hours ago
Residents of the Federal Capital Territory (FCT) have blamed the surge in the activities of taxicab robbers, popularly known as ‘one chance’, on the failure to make a success of the Abuja Urban Mass Transport Company (AUMTC), which ran aground, over 400 buses procured in 2005 for mass transit.
2 hours ago
In lieu of the increase in passenger traffic this season, Bi-Courtney Aviation Services Limited (BASL) has assured safety, security, and better customer experience for travellers using the Murtala Muhammed Airport Terminal Two (MMA2) facility in Lagos.
2 hours ago
Amidst several challenges confronting the power sector, including limited access to critical resources, the Minister of Power, Adebayo Adelabu, has unveiled plans to liaise with the Central Bank of Nigeria (CBN)...