Investors seek reduction in cost of banks credit to MSMEs
To create more jobs and enhance productivity, capital market investors have urged Nigerian banks to reduce the cost of credit to the Micro Small and Medium Enterprises (MSMEs)
X-raying Nigeria’s weak links with savings, investment and growth
Despite availability of abundant mineral resources in Nigeria and huge income from crude oil, the country still wobbles in its path to growth and development.
Poll shift hits exchange rate, stock market loses N196 billion
The financial services sector yesterday reacted negatively to the uncertainty in the nation’s political environment as investors priced in the risks of election postponement on the stock market and exchange rate.
Experts see growth as panacea to nation’s economic woes
Experts in the nation’s capital market have described economic growth as panacea to most of Nigeria’s challenges, urging government to be strategic, if it wants to fast-track the country’s development. They argued that Nigeria is currently facing huge growth challenge, noting that there was need to identify priority sectors and create incentives and palliatives…
Investors seek government’s intervention as indices plunge by N100 billion
Investors, at the weekend, renewed the call for Federal Government to make deliberate pronouncements that would stimulate economic activities and accelerate sustainable stock market recovery.