Monday, 15th August 2022
Breaking News:

David Adonri

24 May
Nigeria’s output grew by 3.1 per cent in real-time in the first quarter but the expansion lags modestly from the 4.2 per cent annualised growth projected by the Federal Government in its yearly budget framework.
18 May
Amid uncertainties in the global economy and rising insecurity in the country, the nation’s stock market continued its bullish run, giving hope to patient investors who endured long periods of downturn on the Nigerian Exchange Limited (NGX).
2 May
The high cost of issuing long-term domestic debt, which has spurred banks’ increased appetite for external borrowings through Eurobonds, has become a source of worry to stakeholders.
1 Apr
Uncertainty in the global economy coupled with insecurity in the country and other macroeconomic challenges have continued to take a toll on the capital market as investors' wealth depreciated by N213 billion in March.
25 Mar
Nigeria’s foreign reserves continued its downward slope, a trend formed towards the end of last year after it failed to sustain a momentary recovery witnessed in October.
7 Mar
Poor regulation, harsh economy and other perennial challenges bedeviling the capital market have continued to hurt retail investors’ participation in equities 15 years after the global financial meltdown...
3 Jan
In what has become a trend, Naira fell to a record low over-the-counter on the last trading day of 2021, closing at N435/$. This came amid uncertainty about the market outlook as the economy wobbles into a new year.
3 Jan
Worried by the marginal 5.7 per cent growth witnessed in the nation's stock market in 2021, compared to 50.3 per cent rise achieved in 2020, investors have called for the implementation of appropriate legislation that will help tackle insecurity and other macroeconomic challenges challenging the capital market.
30 Nov 2021
Notwithstanding the rattle by the newest variant of COVID-19, Omicron, which has raised fresh uncertainty, data and economists see near-term stability in the foreign exchange market.
11 Oct 2021
Sixty-one years after independence, Nigeria has degenerated to being the poverty capital of the world. Nigeria as a nation has failed to meet the yearnings and aspirations of the people in all areas....
4 Jun 2021
Capital market experts have rated the country’s democratic regime as one that has failed to create a competitive edge for the domestic investment market.
4 May 2021
State governments are in dire strait as make-up funding sources dry up amid tumbling earnings, crippling their ability to repay existing loans and meet essential obligations.


15 mins ago
Mr Olusegun Runsewe, Director-General, National Council for Arts and Culture (NCAC), has commended Gov. Babajide Sanwo-Olu of Lagos State for returning History to the school curricula.
16 mins ago
The music video for Lizzo's song "2 B Loved (Am I Ready)" is coming out soon and it may continue where her "Truth Hurts" video left off. Lizzo uploaded a teaser short on Sunday (Aug. 14) that starts with the wedding scene from "Truth Hurts" and finishes with the singer speeding off like a runaway…
27 mins ago
Thailand's economy grew 2.5 percent in the second quarter as returning foreign tourists failed to offset high inflation and concerns over regional tensions, the country's main economic agency said Monday.
49 mins ago
Three persons were killed while 10 others sustained injuries in a lone accident involving a Mazda bus at Onipepeye area on the Abeokuta-Sagamu Expressway
1 hour ago
The Taliban marked the first anniversary of their return to power in Afghanistan with a national holiday Monday, following a turbulent year that saw women's rights crushed and a humanitarian crisis worsen.