Nigeria’s total debt rises to N41.6tn in Q1 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, […]
Investors gain N100bn as NGXASI grows further by 0.35%
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[…]
Businesses at this time: What determines huge patronage?
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[…]
Cheap stocks to consider for strategic positioning
The stock market last week closed on bearish note as profit taking persist by investors, bringing the All Share Index lower by 2.18% week on week. Prices of stocks are coming down, thereby creating another entry opportunities for smart investors. In a matter of weeks, Q2 results of listed companies[…]