Investment Inflow Rose By $4.5bn In 2018 –NBS
The National Bureau of Statistics(NBS) has released the Capital Importation report for 2018 with the economy attracting a total investment of $16.81bn during the period.
The bureau in the report stated that the investment inflow of $16.81bn for...
As Stock Investors Lose N4.3trn, Analysts Expect Rally After Election
Investors in the nation’s stock market have lost a total of N4.30tn in just over one year as it took a beating from uncertainty around the forthcoming elections and interest rate hikes in the United...
To Service Debt For 39 Months, Nigeria Spends N5.468tn
Reports shows that in 39 months, the country spent a total of N5.468tn on servicing domestic debt and foreign debt as experts claim that the cost of debt servicing is crowding out public debt expenses
Servicing of...
Insurance Sector Records 35.7% Growth In A Decade
The insurance sector has in the past ten years achieved an average growth rate of 35.7% in both life and non-life classes of business.
A breakdown of this showed that life business recorded a higher growth rate of...
Financial Statements: 38 Firms Get N429.5m NSE Fines
The Nigerian Stock Exchange imposed a total of N429.5m in fines on companies that failed to file their financial statements as and when due last year.
The latest data obtained from the NSE by our correspondent showed that...
In January, Stock Market Investors Lost N326m
Investors in the nation’s stock market lost a total of N326bn in January as bearish sentiment persisted.
The equities market opened the year on a negative note as investors lost N134.4bn at the close of trading on the first...