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AprStock Market Review: April 13, 2023
The Nigerian stock market on Wednesday closed flat with the All Share Index and Market Capitalization at 51,953.41 points and N28.300 trillion. In a stock market review with Mr. Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market on Wednesday closed flat. What should we expect […]
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AprMarket closes flat amidst price surge in 17 equities
Transactions on the floor of the Nigerian Exchange on Wednesday closed flat as the All Share Index closed at 51,953.41 points from the previous close of 51,952.99 points, hence there was no significant change. The Market Capitalisation close at N28.300 trillion same as the previous close of N28.300 trillion. An[…]
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AprIMF projects 3.2% growth for Nigeria’s economy in 2023
The International Monetary Fund in its recent world economic outlook has projected 3.2% economic growth for Nigeria in 2023. According IMF, global economic growth is expected to fall from 3.4 per cent in 2022 to 2.8% in 2023. “The baseline forecast is for growth to fall from 3.4% in 2022[…]
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AprNigeria’s unemployment rate to hit 40.6% in 2023- KPMG
The recent Global Economic Outlook report by KPMG has revealed that Nigeria’s unemployment rate will rise to 40.6% in 2023. KPMG stated thus: “Unemployment is expected to continue to be a major challenge in 2023 due to the limited investment by the private sector, low industrialization, and slower than required[…]
