Sunday, 22nd May 2022
Breaking News:

David Adonri

4 days ago
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
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.
24 Nov 2020
Government, as a matter of policy and action, has been urged to diversify Nigeria’s economic structure away from primary products export and manufactured goods import, as well as deepen the value chain approach to agriculture if it must exit the current recession.


1 hour ago
If you are a cat lover or considering being a cat parent, then this is for you. On an island in Ehime Prefecture, Japan lies an island dominated by cats. As its description, the island, known as Cat Island or in its Japanese name, Aoshima, has a number of 36:1 of cats to man.  Take…
1 day ago
The Police Command in Lagos State says it will arrest both motorcyclists and passengers as part of measures to enforce the ban on commercial motorcycle operations in the state.
1 day ago
Five people, including four members of the same family, were killed in a tourist plane crash in the French Alps on Saturday, rescue services said.
1 day ago
Former President Goodluck Jonathan has faulted the hearing of arbitrations for the contracts entered by the Federal Government with International Organizations in the United Kingdom.
1 day ago
The National Emergency Management Agency (NEMA) on Saturday confirmed the rescue of one person, and the recovery of one dead person in a two-storey building that collapsed at Freeman Road, Lagos Island...