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With 28 Firms Gain, Stock Market Rises Slightly

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...

Non-performing mortgage loans rise to N94bn

Mortgage lenders are buckling under the weight of unpaid loans as job losses and inflation near a record high hinder the ability of customers to pay off their debts, Bloomberg has reported. At least 55 per cent of the mortgage industry’s N94bn loans are classified...