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AprRecent publication by the National Bureau of Statistics 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 at […]
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MarThe stock market on Thursday closed on a positive note with 1.51% growth, bringing the All Share Index and Market Capitalisation to 54,413.21 points and N29.642 trillion respectively. In a stock market review with Mr Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market on Thursday closed on a bullish note with 1.51% growth. What[…]
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MarUnited Bank for Africa has published its audited report for 2022 year end with dividend declaration of 90 kobo. The financial institution achieved Gross Earnings of N852.863 billion for the 12 months period, up by 29.56% from N658.291 billion achieved the previous year. Profit after tax (PAT) grew year on year by 43.48% to N170.277 billion from[…]
