The Nigerian Exchange Limited (NGX) has announced that the proposed launch of non-depository receipts (NDR) will give investors access to financial instruments listed on offshore exchanges and deepen the market.

Heavy losses suffered by many blue-chip companies, especially Airtel Africa and Seplat dragged market capitalisation of the Nigerian Exchange Limited (NGX) by N662 billion yesterday.

The World Bank has decried the impact of consistent decline in capital formation in sub-Saharan Africa (SSA), noting that the value of the retained investment in Nigeria as of 2021 was three per cent short of what was recorded in 2014

Nigeria’s rising inflation may have begun to take a toll on the value of dividends, coupled with apathy from stringent bureaucratic processes, therefore compelling over 420,000 shareholders of seven quoted companies to abandon their dividends in the past few years.

Former Prime Minister of Britain, Boris Johnson, yesterday, said Nigerians should have the right to choose their leaders saying that development can only thrive in a democracy