Advancing SMEs’ financial inclusion through non-interest funding option
After slipping into recession in 2016, growth in Nigeria’s gross domestic product (GDP) returned, but remained below population expansion. No sooner did the economy begin to show signs of recovery than the country confirmed the first case of coronavirus disease
Equities market extends losing streak as index dips 0.38%
The Nigerian equities market extended its current losing streak to the fifth consecutive trading session, yesterday, as sell-offs in 22 stocks dragged the index further by 0.38 per cent.
Revolutionising tax for Nigeria’s sustainable growth
The Federal Inland Revenue Service (FIRS), is currently implementing small businesses-friendly tax policy that temporary exempts operators with annual turnover of N25 million and below from charging Valued Added Tax (VAT), while deploying technology to ensure continued quality service delivery
Investors' wealth soars by 7.19% despite rising COVID-19 cases
Despite one day public holiday declared by the Federal government last week Monday to mark the Easter celebration, in addition to consensus that the nation’s economy is heading...
Investors’ wealth slumps further by N329b amid dwindling oil price
Amid fears of persistent decline in global oil prices and rising cases of COVID-19, the equities market recorded the highest decline since 12th September 2019 yesterday, causing market capitalisation to depreciate further by N329 billion.
Leveraging capital market potential to accelerate growth
Capital market, globally, is one of the most important platforms for financial deals, particularly, in raising capital for economic activities in developed nations.
Market confidence positive as analysts see rising liquidity
Sentiments on the Nigerian equities remained positive as investors continued to chase the inflation adjusted earnings in the face of declining fixed income yields.
Equities remain volatile in festive season’s profit-taking
The equities market continued its lackluster performance at the close of transactions last week over sustained risk-off sentiments and the absence of market catalysts.
Index down 0.13 per cent as bears regain dominance on exchange
The bears upstaged the bulls at the end of yesterday’s transactions on the equities sector of the Nigeria Stock Exchange (NSE), causing the All Share Index (ASI) to depreciate by 0.13 percent.