Nigerian Equities Record N6.48trn Gain In 2020
Amid the COVID-19 pandemic and economic recession, Nigerian equities played the full contrarian to close 2020 with net capital gain of N6.48 trillion.
While the details of global market closing positions are being awaited, there are indications that Nigeria...
In 7 Years, Excess Crude Account Deplete By N6.48trn
In seven years, the Federal Government withdrew the sum of N6.48tn from the Excess Crude Account meant for the ‘rainy day’. However, within the same period, only N4.7tn was transferred into the account.
Between January 2012 and...