In Two Days, Stock Market Investors Lose N170bn Over Poll Results The nation’s stock market recorded sustained losses totalling N170bn in two days, following the announcement of the results of the presidential election. Investors lost N84.4bn on Tuesday and N85.6bn on Wednesday, erasing the gains recorded...

N464bn Treasury, OMO bills To Grow This Week   Treasury Bills and Open Market Operations bills worth N464bn will mature this week. The Central Bank of Nigeria is expected to conduct a Primary Market Auction on Wednesday where a total of N115.1bn across the 91-day (N23.4bn), 182-day...

FG Recorded N3.4tn Fiscal Deficit Last Year Between January and December last year, the Federal Government recorded a fiscal deficit of N3.4tn in its operations, figures obtained from the Central Bank of Nigeria have revealed. The 2018 budget, signed by President Muhammadu Buhari on June 20...

Banks Loan To Private Sector Declined By N455bn, NBS Reports The total credit from banks to the economy recorded a decline of N455bn from N15.58tn as of the end of the third quarter of last year to N15.1tn in the fourth quarter. This is contained in...

Investors Gain N80bn As Stock Market Rebounds The stock market witnessed a rebound on Tuesday as the investors gained N80bn. The market capitalisation of equities listed on the floor of the Nigerian Stock Exchange increased from N12.004tn on Monday to N12.084tn on Tuesday, while the All...

PenCom Says Only 12% Of Workers Contribute To Pension Scheme   Out of the over 70 million people that represent the working population in Nigeria, only 8.41 million of them are currently making contributions into the Contributory Pension Scheme. The 8.41 million contributors, according to figures obtained...