David Adonri
11 Jan
Operators have renewed calls for market reform that would help reactivate the primary market segment of the capital market and stimulate fundraising through an initial public offering (IPO).
2 Jan
President Bola Tinubu, yesterday, signed the adjusted N28.78 trillion budget into law, an action that may have reset the budget cycle to January-December.
29 Sep 2023
Domestic transactions on the Nigerian Exchange Limited (NGX) fell by 45.3 per cent within a 16-year period, from N3.6 trillion in 2007 to N1.9 trillion in 2022, the latest Domestic and Foreign Portfolio Investment (FPI) report has shown.
13 Sep 2023
Nigeria’s FTSE downgrade from frontier market to unclassified will cause a colossal damage to the capital market and erode investor confidence, unless urgent steps are taken to reverse the trend, experts have said.
2 Jun 2023
The peaceful transition to a new administration, coupled with its blunt expression of willingness to tackle lingering macroeconomic challenges facing the economy, especially the foreign exchange (forex) crisis has caused the equities market to gain N1.8 trillion in May 2023.
22 May 2023
The inability of the Nigerian capital market to contribute significantly to capital formation under President Muhammadu Buhari in the past eight years is in focus as the administration comes to an end.
Latest
18 mins ago
The Kaduna State House of Assembly Ad-Hoc Committee has set up a committee to investigate the administration of former Governor Nasir El-Rufai. The committee, established during the Assembly's sitting on April 16th, has requested a comprehensive set of documents from the state commissioner of finance. The probe will include details of all loans acquired during…
2 hours ago
Hearing in two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, could not proceed on Wednesday at a Federal High Court, Abuja.
3 hours ago
Iranian goalkeeper Hossein Hosseini has been banned by the Iranian Football federation for Hugging a female fan after a football game. The goalkeeper was banned and fined of approximately #6.2Million for his actions which is against the country's policy as far as both genders are concerned. The incident unfolded when a female supporter's hijab slipped,…
3 hours ago
President Bola Tinubu has called on the nation’s Judiciary to embark on reforms that will ensure functional justice system and support economic growth.
3 hours ago
Dr. Umar Ganduje, the National Chairman of the All Progressives Congress (APC), has said that the party would provide solutions to the challenges bedevilling the country. Ganduje stated this during the APC grand finale campaign and the presentation of party flags to the 11 local council chairmanship candidates, on Wednesday in Gombe. The News Agency…
4 hours ago
Nigerian chess master and founder, ‘Chess in Slums Africa’, Tunde Onakoya has returned to Nigeria after he broke the Guinness World Record for the longest time playing chess without losing a game. Onakoya broke the record of Norwegian players, Hallvard Haug Flatebø and Sjur Ferkingstad, who played for 56-hour, 9-minute in 2018. He made his…
4 hours ago
The Rivers Commissioner for Finance, Mr. Isaac Kamalu, resigned his appointment on Wednesday. He is the second commissioner to resign from the cabinet on Wednesday after Gov. Siminialaye Fubara, announced a slight cabinet reshuffle on Tuesday. The first to resign was Prof. Zacchaeus Adangor, Attorney-General and Commissioner for Justice. In the cabinet reshuffle, the governor…
4 hours ago
In furtherance of efforts to sanitize the mining sector, the federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining, and quarrying Licenses, six months after revoking 1,663 licences. The revocation licences include 528 exploration licenses; 20 mining licences; 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML). Minister of Solid Minerals…
4 hours ago
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform into a smartphone camera as they learn how to sell the clothes to overseas TikTok users. It is the final day of a two-week course on selling products abroad via the short video app -- which despite…
5 hours ago
The Tertiary Education Trust Fund (TETFund) said over 2.5 million Nigerian students have so far enrolled on its Tertiary Education, Research, Applications and Services (TERAS) platform. Executive Secretary of the Fund, Arc. Sonny Echono stated this on Wednesday in Abuja at the Second Registrar's workshop and 75th business meeting of the Association of Registrars of…