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AugTimi Olubiyi, PhD Despite the significance of SMEs to the economy and national development, Africa has a high rate of business failures and short-lived businesses. In Nigeria SMEs account for 48 percent of the national GDP, 96 percent of businesses, and 84 percent of employment in the country, according to a PricewaterhouseCoopers (PwC) report. In contrast, due […]
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AugIt was yet another bearish session on the floor of the Nigerian stock market on the first trading day of the week as downtrend extended on profit taking by investors to four straight sessions. The All Share Index dropped by 0.05% to close at 49,344.67 points from the previous close of 49,370.62 points. The Market Capitalisation declined[…]
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AugTrading on the floor of the Nigerian Exchange last week closed bearish as MTN Nigeria, PRESCO, SEPLAT, Okomu Oil as well as other 37 stocks closed the week lower on profit taking The All Share Index and Market capitalization declined by 0.59% to settle at 49,370.62 points and N26.629 trillion respectively. An aggregate of 823 million units[…]
