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
6 mins ago
Napoli are exploring potential replacements for their star forward, Victor Osimhen, who is expected to leave the club during the summer transfer window. Among the potential candidates, Super Eagles striker Terem Moffi has caught the attention of the Italian club as a possible replacement for Osimhen. Moffi's outstanding performances in Ligue 1 with OGC Nice…
9 mins ago
Wilfred Ndidi, the Super Eagles and Leicester City midfielder, has made clear his ambition to move to one of the top six Premier League clubs when the upcoming transfer window opens. The 27-year-old has had a resurgent season with the Foxes under the management of Enzo Maresca, scoring six goals and providing six assists in…
12 mins ago
Russian President Vladimir Putin said Thursday he plans to visit China in May, in what would be his first trip abroad since re-election as the two forge closer ties.
15 mins ago
Montpellier striker Akor Adams remains optimistic about his prospects of earning a spot in Nigeria's Super Eagles squad, despite the fierce competition among the team's forwards. Adams gained attention this year after moving from Norwegian club Lillestrom in a deal worth €4.5 million. The 24-year-old started his Ligue 1 season impressively, scoring seven goals in…
15 mins ago
To encourage voters to turn out in elections, companies in Bengaluru have offered free beers and transportation to voters. President of the hotel association PC Rao told the Bangalore Mirror newspaper, "Different hotels and restaurants will be providing different things to the voters based on their personal call. "While some of these places will provide…
18 mins ago
A key witness in the criminal trial of Donald Trump detailed Thursday how he worked with the former president's personal lawyer to kill a Playboy model's story about a sexual relationship with the Republican.
19 mins ago
The Chief of Naval Staff (CNS) Vice Admiral Emmanuel Ogalla has said he is extending the duration of a special operation launched to combat crude oil theft in the Niger Delta region dubbed Operation Delta Sanity by another 90 days. The special operation which was launched on January 6, 2024 was to combat crude oil theft…
23 mins ago
Head Coach Bankole Olowookere has called up 25 players to the camp of Nigeria's U17 Girls National Team, Flamingos, in preparation for the upcoming FIFA U17 Women’s World Cup qualifying match against Burkina Faso. This squad selection is part of the lead-up to the third round of the African qualifying series. The list includes a…
24 mins ago
Telecommunications companies operating in Nigeria Airtel, MTN, 9Mobile, and Glo, are proposing an increment of tariff. The Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) on Thursday, in a joint statement said the current price control mechanism is not at par with the economic realities. Consequently,…
31 mins ago
Ahead of the Ondo State governorship poll, the National chairman of the ruling All Progressives Congress (APC), Dr Abdullahi Umar Ganduje has called on aggrieved aspirants of the party to bury their hatchet and work in concert with Governor Lucky Aidatiwa towards his victory. Speaking at the start of the reconciliatory meeting held Thursday at…