06
AprTransactions on the floor of the Nigerian Exchange on Wednesday closed on a bearish note, occasioned by 10.00% decline in the share prices of Airtel Africa and other 13 stocks. The All Share Index dropped further by 1.88% to close at 53,018.97 points from the previous close of 54,035.39 points. Investors’ wealth plunged by N553 billion as […]
06
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.[…]
05
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[…]
