Recent report published by the National Bureau of Statistics revealed that Nigeria’s public debt stock which includes external and domestic debt moved from N35.46 trillion (US$86.57 billion) in Q2 2021 to N42.84 trillion (US$ 103.31 billion) in Q2 2022. Of this, external debt stood at N13.71 trillion (US$33.46 billion) in Q2 2021 and increased to N16.61 trillion […]
09
NovIt was a bearish session on the floor of the Nigerian Exchange on Tuesday as The All Share Index dropped by 1.82% to close at 43,461.60 points from the previous close of 44,269.43 points. The Market Capitalisation declined by 1.82% to close at N23.672 trillion from the previous close of N24.112 trillion, thereby shedding N440 billion. The[…]
09
NovCornerstone Insurance Plc in its Third Quarter report for the period ended 30 September 2022 recorded Gross Premium Written of N14.882 billion. This represents 3.09% growth from N14.436 billion revenue reported the previous year. Profit after tax of N964.621 was reported for the 9 months period, down by 37.19% from N1.536 billion reported the previous year. Earnings[…]
