The World Bank has said that the global community has contributed a sum of $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future. The financing brings together...
International Monetary Fund IMF, has said that “In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226...
Senate has again approved President Muhammadu Buhari’s request of the sum of $5,803,364,553.50 and a grant component of $10 million under the 2018-2020 External Borrowing (Rolling) plan. The...
In tandem with our outlook yesterday, bargain buying in GTCO (+2.4%), DANGSUGAR (+2.8%), and MTNN (+0.1%) bolstered performance today as the NGX All-Share Index rose 9bps to 42,357.36 points. Accordingly, YTD return improved...
Gombe State House of Assembly has passed into law, the State’s 2022 Appropriation Bill of One Hundred and Fifty Four Billion, Nine Hundred and Sixty Three...
Finance minister Zainab Ahmed has told Nigerians to expect to pay new taxes in the coming year (2022). While addressing stakeholders at a public hearing on...
At the local bourse today, sell pressure on ZENITH (-1.2%), GTCO (-3.9%), and WAPCO (-0.8%) dragged performance as the NGX All-Share Index fell 22bps to 42,411.12 points. Therefore, YTD return pared...
The Nigerian Exchange (NGX) says the value of the country’s green bonds market has grown to N55.52 billion in four years, from 2017 to 2021. The...
Italian prosecutors are set to ask for a case against Eni and its head over alleged obstruction of justice in corruption cases in Nigeria and Algeria...
The local bourse commenced the week on a positive note, fuelled by gains in MTNN (+7.1%), DANGCEM (+1.2%), and ZENITH (+1.8%). Thus, the NGX All-Share Index rose 1.3% to 42,411.12...
The Economic and Financial Crime Commission has said in its bulletin EFCC Alert that a North Central state governor has entered into its bad books for...
Today, the NGX All-Share Index gained 1.0% to 42,435.16 points due to buying interest in MTNN (+4.5%), UBA (+5.3%), and DANGSUGAR (+6.7%). Accordingly, YTD return improved to 5.4% while market capitalisation rose ₦217.2bn to...
Ecobank Transnational Incorporated (ETI) said it posts N143.7billion profit before tax in its audited nine months financial result ended September 30, 2021, an increase of about...
Today, the local bourse rebounded after 6 consecutive days of losses as investors hunted for bargains in WAPCO (+5.4%), ZENITH (+2.1%), and GTCO (+0.8%). Accordingly, the NGX All-Share Index gained 2bps to 42,018.92 points. YTD...
Central Bank of Nigeria CBN has released the guidelines for its “Production and Productivity” initiative, through the project “100 projects for EVERY 100 days”. According to...