It was yet another bearish session on the floor of the Nigerian stock market on Thursday as down trend extends to three straight sessions admits profit taking. The All Share Index dropped by 0.69% to close at 52,411.09 points from the previous close of 52,775.40 points. The Market Capitalisation was down by 0.69% to close at N28.255 […]
“We stand strong”, says Confident MD Lars Richter Chairman of the Board of foremost engineering construction company, Julius Berger Nigeria PLC, Mr. Mutiu Sunmonu, CON has said that though the company had challenges in the 2021 financial year, it excelled and overcame the challenges by dint of hard work and unflinching commitment to success on the part of[…]
Nigeria’s inflation rate in May 2022 increased to 17.71% from 16.82% reported in the month of April 2022. According to the National Bureau of Statistics, the figure is 0.22 percent points lower compared to the rate recorded in May 2021, which is (17.93) percent. This means that the headline inflation rate slowed down in the month of[…]