Monthly Archives: June 2022

The Debt Management Office has reported that Nigeria’s total public debt stock as at March 31, 2022, was N41.60 trillion. The amount represents the domestic and external debt stocks of the Federal Government of Nigeria, the thirty-six state governments and the Federal Capital Territory. The comparative figures for December 31, 2021, were N39.56tn.” According to the DMO, […]

The Nigerian equity market on Tuesday grew further as the All Share Index appreciated by 0.35% to settle at 53,270.88 points from the previous close of 53,086.46 points. Investors gained 100 billion as The Market Capitalisation was up by 0.35% to close at N28.719 trillion from the previous close of N28.619 trillion. An aggregate of 234.6 million[…]

Timi Olubiyi, Ph.D. In recent times, we have seen more businesses reporting low or no profit and, in some cases, no revenue. The case of business failures is equally high and prevalent, which could be attributed to the changing landscape with the aftermath of coronavirus pandemic, high inflation, poor supply chains, high exchange rate regime, and a[…]