Stock Investors Gain N510bn As Market Hits 15-year High   Investors in the stock market yesterday recorded a N510 billion gain after All Share Index (ASI), the key performance measurement barometer in the market, hit a 15-year high. The All-Share Index of...

Insurance Firms, Banks Others Contribute N1.72trn To Economy   Banks, insurance companies and other financial institutions contributed N1.72 trillion to the nation’s real Gross Domestic Product (GDP) in the first half of the year, H1’23. This represents 27 percent year-on-year YoY growth...

FG Commits to Insurance Coverage, Unveils Overhauling Strategy for Nigeria's Steel Sector Revival   The Federal Government through the newly created Ministry of Steel Development has taken significant steps towards rejuvenating the nation's steel sector by announcing a comprehensive insurance coverage...

Fed Govt Loses N1.9trn To Oil Theft In July   Crude oil theft may have cost the country a whopping N1.9tn revenue loss in July. The estimation was arrived at following a pronouncement by the National Security Adviser, Nuhu Ribadu, last week...

In Six Months, Product Taxes Rise To N1.36trn – NBS   Taxes on products in the country rose to N1.36tn in the first six months of 2023 despite worsening hardship across the board. This is a 113.29 per cent increase from the...

Report: Domestic Transactions Exceed 2022 Figure, Now N1.968trn   The value of domestic transactions on the Nigerian Exchange Limited (NGX) has hit N1968.4bn, year-to-date, which is 1.18 per cent higher than the entire value of transactions by domestic investors for the...