Investors gain N418b in April as experts seek investments in agro, ICT
The Nigerian Exchange Limited (NGX) halted two months' pullbacks to close April on a positive note as investors’ wealth soared by N418 billion in one month.
Headline inflation hits 14.89 per cent
Nigeria’s headline inflation has risen for the 15th month to hit14.89 in November, the Consumers Price Index (CPI) released by the National Bureau of Statistics (NBS) yesterday has shown.
Economy already in recession, say experts
Ahead of the official release of the Gross Domestic Product (GDP) result for second quarter of 2020, some economists have said the nation’s economy may have already relapsed into recession.
GDP: Nigeria stock market may end 2020 in red – Uwaleke
Uche Uwaleke, Professor of Finance and Capital Market, says the Nigerian Stock Exchange (NSE) will likely close 2020 in red, based on negative real GDP growth rate projections.
Ihedioha appoints Uwaleke finance commissioner
Imo State Governor, Emeka Ihedioha, has appointed Professor Uche Uwaleke as the state’s Commissioner of Finance. Uwaleke will bring to bear in the State Finance Ministry, many years of solid experience in financial management.
SEC, ACMAN partner on capital market institute’s studies
The Securities and Exchange Commission (SEC) and Association of Capital Market Academics of Nigeria (ACMAN) have entered into a partnership to develop a curriculum for the Nigerian Capital Market Institute (NCMI).
MTN ready for listing, completes share registration with SEC
MTN Nigeria Communications Plc (MTN) has announced the successfully completion of the registration of 20,354,513,050 ordinary shares of N0.02...
CBN tweaks 32-month-old policy rate, opts for growth
The Central Bank of Nigeria (CBN) yesterday took local and international investors by surprise, cutting the 32-month-old Monetary Policy Rate (MPR) by 0.5 per cent to 13.5 per cent...