KELECHUIKWU MGBOJI

In nine unbroken days of unprecedented yuletide rally, local investors' exposure grew, leading to a gain of over N570 billion in the market capitalization of the Nigerian equities market, a development, never seen in decades of the bourse…

In four years covering September 2017 to December 2021, Nigeria’s Debt Management Office (DMO) raised N615.557 billion Sukuk debt for the rehabilitation and construction of new roads across the…

Nigeria’s headline inflation maintained its rapid rise, increasing by 38 basis points in November to 21.47 percent year-on-year, up from 21.09 percent in October, the National Bureau of Statistics (NBS) said on Thursday.

Global public and private debt rose above $235 trillion in 2021 even as it recorded its biggest drop in 70 years also in the same year, the International Monetary Fund (IMF) has said, blaming the unusually sharp swings in global debt…

Ahead of the 2023 general elections and a largely lackluster macroeconomic environment, risk averse foreign portfolio investors have pruned their interests in Nigeria's equities to a paltry N350 billion or 17 percent by October 2022.

For the third consecutive session, the Nigerian equities market maintained its bull run on Tuesday, firming up the benchmark All-Share Index by 0.20 percent to close at 48,366.69 basis points as against a 0.24 percentage gain recorded…

The market capitalisation of the Nigerian Exchange (NGX) plunged by over N2.5 trillion in October, about the worst negative returns on equities investment in one single month since the aftermarket crash in 2008. Aggregate…

Gains by Dangote Cement Plc helped equities market pull back N293 billion in profit on Wednesday, ending four uninterrupted sessions of losses. Share price of the heavyweight stock rose…

In an obvious mismatch between revenue and expenditure, the cumulative expenditure of the 36 states of Nigeria increased by 26.60 per cent to N6.62 trillion in 2021, up from N5.23 trillion in 2020.  But in the period under review, the…