139 Investors to Commercialise Gas Flares - FG The Federal Government said that a total of 139 investors had shown readiness to monetise the gas flares from the 48 flare sites across the country. It disclosed this at the 2022 Nigerian Gas Flare Commercialisation Programme Bidders...

Investors Lose N26bn On Profit-taking Activities   The equities market closed the first trading week of the year on a negative zone with investors recording N26 billion losses. The development is contrary to analysts’ prediction that the bullish trend the market took towards ended 2022 would be...

Investors Raise Stakes On Equities By 34.6% To N2.08trn   Investors have staked about N2.08 trillion on Nigerian equities in the past 10 months, an increase of 34.6 per cent over the corresponding period of 2021. Trading data at the Nigerian Exchange (NGX) for the 10-month period...

In Five Days, Investors Staked N15.3bn On Equities   At the close of transactions last week, a turnover of 711.6 million shares worth N15.3 billion was recorded in 16,662 deals on the floor of the Nigerian Exchange Limited (NGX). This volume of shares traded was higher than...

Forex Inflows Hit 19-month Low   Foreign exchange inflows into the official forex market have dropped to their lowest level in the past 19 months as investors remain unimpressed by the efforts of the Central Bank of Nigeria (CBN). Foreign exchange (forex) inflows into the official Investors...

Telecoms Sector Records $70bn Investment, Employs 500,000 – NCC     The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has stated that the telecommunication sector sustains 500,000 jobs. He added that the sector’s contribution to Gross Domestic Product had also grown from insignificance to...