14 Stocks Gain As Market Cap Rises Above N12tn   The market capitalisation of equities listed on the Nigerian Stock Exchange rose above the N12tn mark at the end of trading on Tuesday. The market capitalisation, which had earlier dropped below N12tn in August, gained N83.5bn to...

71% Of Power Plants’ Capacity Unutilised About 71% of the seventeen gas-fired power plants in the country have been struggling to utilise up to 30 per cent of their combined installed generation capacity. The nation generates most of its electricity from gas-fired power plants, while output...

Nigeria’s FDI Inflow To Hit $1.160bn In 2020, Analysts Predict Foreign capital inflow to Nigeria is expected to reach $724.41 million in 12 months’ time, according to Trade Economics analysts, which also projected that in the long-term, foreign capital importation into the country would trend...

Farmers Receive N615bn Disbursement From CBN The Central Bank of Nigeria (CBN) has disclosed that as at August 20 2018, the total amount released under the Commercial Agriculture Credit Scheme (CACS) to participating banks for disbursement since the inception of the scheme is N615.43 billion. The...

Investors Lose 14% As Sell Pressure Persists Intense political activities across the country in the third quarter have sustained hold on the nation’s equity market, as speculative trading pressure investors, leading to massive selloff in flight for safety of investments. The development worsened by continuous negative...

Insurance Firms Reduce Management Expenses Pressure on the management of insurance firms from shareholders, industry regulator and other stake holders on the need to reduce their management expenses and ensure more returns on investments is yielding positive results. Reports from insurance firms that have so...