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The size of Nigeria’s capital market is about N68 trillion in nominal value comprising N42 trillion debt market and N26 trillion equities market as of last Friday November 25, 2022. Of this figure, the Federal Government controls over 85 percent, leaving sub-nationals with about 15 percent or less. In the bond market, a unit…

The Governor-elect of Osun State, Senator Ademola Jackson Adeleke has promised an all inclusive governance. "Your Governor will be a people’s Governor. I will be accessible, responsive, consultative, and proactive in handling small and big matters of State Governance", stated Adeleke on Sunday in the Osun State capital, Osogbo, during his…

Okomu Oil Palm Plc maintained an outstanding profit growth for the third year running with an after tax profit of N18 billion at the end of the third quarter, about 29 percent ahead of the closing profit of N14 billion the company posted for the 2021 full year. The interim financial report of the oil palm and rubber producing company at the end…

Nigeria's economy grew by 2.25 per cent in the third quarter of the year, indicating a 1.78 per cent dip from the 4.03 per cent growth rate of the corresponding period in 2021. Equally, the growth figure for the quarter slows down by 1.29 per cent from 3.54 per cent in the second quarter of 2022. The growth record is contained in the latest…

Representatives from Russia and Ukraine last week met in the United Arab Emirates over the possibility of a prisoner-of-war swap to trigger a resumption of Russian ammonia exports to Asia and Africa, via a Ukrainian pipeline. Reuters' sources with knowledge of the meeting said the talks were being mediated by the Gulf Arab state and did…