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Despite the distance of Nigeria from the warzone, Nigeria is not immune from the effect of the war, owing to the influence of Russia in world economy,
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 2 basis point.
In this interview with Nairametrics, the MD of the Lagos Free Zone discloses that the total deployed investments within LFZ stands at about N600 billion ($1.2 billion).
Putting forward a deal that has already been consummated for shareholders to approve leaves a bad taste in the mouth of minority shareholders.
As operators of the power value chain trade blame, the silence of the Nigerian Electricity Regulatory Commission has been anything but loud.
NGX reported it paid its 3 executive directors a whopping N754.8 million in executive compensation for the year ended December 2021.
The Nigerian equities market rebounded from its bearish trade last week as the All-Share index gained 0.36% in the week ended 11th March 2022.
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 0.28% to close at N18.23 trillion...
4 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, with GT Holdings Co Plc leading the gainers.
With over 40 years of experience in the financial services sector, Rewane has become a valid authority on topical economic and financial issues.
While the CBN appears to be taking the right steps in developing its CBDC, incentivizing the population to switch from crypto to e-Naira has proven challenging.
It is evident that a $200 per barrel oil is more of an inconvenience than a blessing to the Nigerian economy.