It was a bearish session on the floor of the Nigerian stock market on Monday as the All Share Index and Market Capitalisation declined by 0.34% to close at 43,818.12 points and N23.867 trillion. In a chat with Mallam Garba Kurfi, the MD/CEO of APT Securities and Funds Limited on market performance and possibilities, the following are […]
The National Bureau of Statistics recently released its Gross Domestic Product Report (Income & Expenditure Approach) for Q1 and Q2 2022. In a statement available on the Commission’s website, NBS stated thus: In the first quarter of 2022, Nigeria’s real GDP at basic prices grew by 3.11% on a year-on-year basis showing a higher growth rate compared[…]
TAJ Bank has obtained regulatory approval to list its N10 billion Sukuk on the Nigerian Exchange (NGX). TAJ Bank had under the first tranche of its N100 billion Sukuk issuance programme, launched a N10 billion capital raising through its special purpose vehicle- Taj Sukuk Issuance Programme SPV Plc. The company offered series 1 Mudarabah Sukuk at N1,000[…]