Large-cap Stocks Drag Market Lower, investors lose N11.83bn
The Nigerian equities market started the week on a negative note as declines in some large-cap stocks saw the market closing lower by N11.83bn at the end of trading.
The Nigerian Exchange Limited’s All-Share Index fell by 0.05...
ExxonMobil, Chevron, Others To Pay NNPC N156bn For Crude Exports
Nine multinational oil companies including Chevron and ExxonMobil will pay the Nigerian National Petroleum Company Limited a total of N156.148bn this for the August 2021 domestic crude oil exports, the NNPC has said.
A document obtained...
Nigerian Equities Lead Global Stocks With N646bn Gain
Nigerian equities emerged at the weekend atop the global returns table for the world’s stock markets as a strong rally in the communication and technology stocks drove the Nigerian market to a net capital gain of N646...
IGR: Ogun Ranked Fourth In Nigeria With N74bn
The Internal Revenue Generation drive of the current administration in Ogun State, has yielded result, with generation of not less than N74 billion by the state within the first nine months of Year 2021.
With this figure, the...
W/Bank Demands Debt Transparency, Says Nigeria, Others Need $429bn
The World Bank has demanded debt transparency as a crucial step in countries’ development process, while it estimates that external financing needs in Nigeria and other low income developing countries will reach $429bn between 2023 and...
Anchor Borrowers: Farmers Owe CBN N463bn As Defaults rise
Farmers who subscribed to the Central Bank of Nigeria’s Anchor Borrowers’ Programme owed the apex bank N463bn as of the end of March 2021, data from the CBN Economic Report for April have shown.
The ABP was...
