Category: Economy

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What to expect From Nigeria’s Stock Market In March, April

What to expect From Nigeria’s Stock Market In March, April

By Ambrose Omordion • Oscillating trend of equity prices as a result of profit taking and disappointment in some results. Also the source of funds br...
Feb NSE Market Roundup: When Policies Hold Economy, Investments To Ransom

Feb NSE Market Roundup: When Policies Hold Economy, Investments To Ransom

(Ambrose Omordion) The bearish situation of the Nigerian stock market in the month of February is attributable to persisting low confidence and weak m...

SEC Woos Foreign Assistance To Boost Mergers, Acquisitions

The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with relevant international agencies to boost Mergers and Acqu...
NNPC Targets $4.5bn For Abuja-Kaduna-Kano Gas Pipeline To Generate Power

NNPC Targets $4.5bn For Abuja-Kaduna-Kano Gas Pipeline To Generate Power

NPDC Targets Daily Crude Oil Production of 500,000bpd, Gas, 1500mmscf The Nigerian National Petroleum Corporation (NNPC) says it is working on rais...
Nigeria’s Foreign Reserve Gains $4.45bn Year-To-Date

Nigeria’s Foreign Reserve Gains $4.45bn Year-To-Date

Data available on the website of the Central Bank of Nigeria (CBN) Tuesday evening, shows that the nation’s foreign reserve has grown by $4.45bn or 17...
At -1.5%, Nigeria’s 2016 GDP Better Than IMF Forecast- Says FG

At -1.5%, Nigeria’s 2016 GDP Better Than IMF Forecast- Says FG

• Latest Data Proof Recession Has Bottomed out- FG The Federal Government, on Tuesday said the latest Gross Domestic Product (GDP) data released fe...
Nigeria’s GDP Contracts By 1.51% To N67.984tr In 2016

Nigeria’s GDP Contracts By 1.51% To N67.984tr In 2016

• Agric GDP Grows By 4.11%, Manufacturing Down 4.32% The National Bureau of Statistics (NBS), on Tuesday released data for Gross Domestic Product (GD...
Food Security: FG’s Fertilizer Initiative To Save $200m, N60bn, Create 0.1m Jobs

Food Security: FG’s Fertilizer Initiative To Save $200m, N60bn, Create 0.1m Jobs

As part of efforts to enhance food security in the country, reduce the impact of food induced inflation, save up to US$200m annually in foreign exchan...
Our Commitment To N’Delta Devt unwavering, Says Osinbajo

Our Commitment To N’Delta Devt unwavering, Says Osinbajo

• FG Activates $20bn Ogidigben Gas Industrial Project The Federal Government, on Monday said a plan to put to kick-start the $20bn Gas Revolution I...

Sell Your US$ Holdings, Cut Your Loss, CBN Warns Currency Hoarders

Boosts Forex Liquidity With Fresh $180m Perhaps encouraged by the positive reactions of the Naira to last week’s intervention in the nation’s forei...
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