Almost seven years after developing the Nigerian Gas Flare Commercialisation Programme (NGFCP), the Federal Government, yesterday, announced that 49 flare sites have been awarded to 42 investors. The aim of the programme is to save the environment and reduce impacts of routine gas flaring on people living in the oil-rich Niger Delta region while monetising…
Despite the foreign exchange crisis, insecurity and other macroeconomic challenges, in the country, coupled with uncertainty in the global economy, the stock market gained over N1.8 trillion in July.
New government’s reforms have continued to spur unprecedented rally on the equities sector of the Nigerian Exchange Limited (NGX) as investors gain over N2.2 trillion in two trading sessions.
Homes built exclusively for renters are becoming hard to come by, as economic uncertainties persist and impact real estate industry.There has also been an overall slowdown in construction activity...
Virtually all the blue-chip stocks depreciated in price at the close of transactions, yesterday, on the floor of the Nigerian Exchange Limited (NGX) as profit taking dragged market capitalisation by N1 billion.
The Nigerian Exchange Limited (NGX) last week, recorded a turnover of 921.8 million shares worth N27.2 billion in 15,601 deals.
5 Dec 2022
Despite the insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy, stock market investors gained N2.081 trillion in November.
21 Nov 2022
Bargain hunting in the shares of some banks and insurance stocks, especially AXAmansard and Union Bank of Nigeria, lifted the Nigerian Exchange Limited (NGX) all-share index and market capitalisation appreciated by 1.22 per cent to close...
21 Nov 2022
According to Mckinsey, the food delivery industry was worth more than $150 million as at 2021. Food delivery companies are however cost intensive with a low margin of profitability, requiring a multiplier effect.
20 Nov 2022
The marketing Director, WinCo Foam Industries, Ifeanyi Okafor, has called on the Federal Government and the 36 states governors to create enabling environment that will enhance the growth of local and foreign investors in the country.
7 Nov 2022
At the close of transactions last week, a turnover of 1.4 billion shares worth N15.5 billion was recorded in 19,025 deals by investors on the floor of the Nigerian Exchange Limited (NGX).