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AprTrading on the floor of the Nigerian stock market closed bearish again last week amidst profit taking, thereby shedding N657 billion week to date The All Share Index and Market capitalization declined by 2.28% to settle at 52,994.13 points and N28.869 trillion respectively. An aggregate of about 1 billion units of shares were traded in 16,155 deals, […]
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AprThe Minister of Finance, Budget, and National Planning, Zainab Ahmed, has disclosed that the Federal Government of Nigeria has secured the sum of $800 million from the World Bank under the National Social Investment Programme as part of palliatives to cushion the negative effects of the plan to remove subsidy on the petroleum products by June 2023.[…]
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AprRecent publication by the National Bureau of Statistics (NBS) has revealed that Nigeria’s public debt stock which includes external and domestic debt stood at N46.25 trillion (US$103.11 billion) in Q4 2022 from N44.06 trillion (US$ 101.91 billion) in Q3 2022. This shows that public debt (in national currency) grew by 4.96% in Q4 2022. External debt stood[…]
