Wednesday, February 5, 2025
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Stock Market Decline by N2.27trn in 3 Weeks amid Loss in Airtel Africa
The stock market of the Nigerian Exchange Limited (NGX) has depreciated by N2.27trillion in market capitalisation to N24.182trillion in the first three weeks of October 2022, following investors’ profit-taking in...
Read moreDetailsOando, Others Violate NGX Post-listing Requirement, Fails to Submit 2021 FY Results
A total of 15 companies have defaulted on the post-listing requirement of the Nigerian Exchange Limited (NGX) by falling to submit their 2021 financial year statements to investing public as...
Read moreDetailsDespite N14.43trn AuM, PFAs Reduce Exposure to Stock Market, T.Bills as Inflation Diminish Investment
Despite growth in assets under management (AUM) to N14.43 trillion, Pension Fund Administrators (PFA) exposure to stock market and Treasury Bills (T-Bills) dropped in August 2022 to highlight low-yield environment...
Read moreDetailsUAE imposes total visa ban on Nigerians
The immigration authorities of the United Arab Emirates (UAE) have imposed a visa ban on Nigerians seeking to visit the oil-rich country, stating that all submitted applications will be rejected...
Read moreDetailsMAN Asks FG to Explore PPP, Dredge Rivers Benue, Niger to Mitigate Flooding
National President, Manufacturers Association of Nigeria (MAN) yesterday asked the federal government to consider public private partnership (PPP) windows in finding permanent solutions to the perennial flood disaster facing the...
Read moreDetailsForeign airlines accuse FG Of violating BASA arrangement
Following the continued withholding of foreign airlines' ticket sales earnings, the Association of Foreign Airlines and Representatives in Nigeria (AFARN) has accused the Federal Government of violating the Bilateral Air...
Read moreDetailsINFRASTRUCTURE FINANCING: NGF, SEC, DataPro chart ways to harness potential
ESTIMATED at 20 to 25 percent of our Gross Domestic Product (GDP), Nigeria’s infrastructure stock is still significantly lower than the recommended international benchmark of 70 percent of the GDP....
Read moreDetailsObi of Onitsha Laments Nigeria’s Dwindling Fortunes
The traditional ruler of Onitsha kingdom, Obi Alfred Achebe, has decried the dwindling fortunes of Nigeria under the ruling All Progressives Congress (APC), saying the country is in dire straits....
Read moreDetailsEx-Finance Minister Urges FG to Learn from Abacha’s Economic Policies
Former Minister of Finance, Budget and National Planning, Dr Anthony A. Ani, yesterday urged the federal government to learn from the economic policies of former Head of State, late Gen....
Read moreDetailsEmefiele to Mark First Anniversary of eNaira with Review Workshop
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is set to host the Minister of Communications and Digital Economy, Isa Ali Pantami and that of Humanitarian Affairs,...
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