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The porcupine is a large rodent that is clothed with a thick coat of sharp quills, spines. The spines protect it from rampaging predators. When it feels threatened, the porcupine…
Uncertainties Threaten Survival of Companies in Nigeria As foreign exchange losses continue to impact earnings performance negatively, companies operating in fast fast-moving consumer goods (FMCG) sector are facing multiple unpriced…
US Dollar Inflows to FX Market Slumps 39% Foreign currency inflows into the Nigeria FX market declined by more than 39% in January 2024 amidst US dollar shortage that has…
Tripple Gee & Company Inks 42% Market Valuation Growth Tripple Gee and Company Plc led the gainer chart on the Nigerian Exchange (NGX) as its share price increased by 42%.…
Nigerian Exchange Rises by N1.12Trn to N57Trn Year-to-date return inched near 40% as the equities market capitalisation of the Nigerian Exchange (NGX) hit N57 trillion following buying interest on value,…
Geregu Power Hits N1.42trn on Earnings Beat –MarketNews The market value of Geregu Power Plc jerked up to N1.42 trillion after the company’s 2023 earnings beat. Its profit climbed by…
Devaluation after Undervalue Naira Tantrum Confused FX Speculators Currency speculators have rough days in the foreign exchange market following exchange rate unannounced exchange rate swings at the official market. The…
The Federal Government has suspended the posting of National Youth Service Corps members to states considered unsafe due to the security challenges in the country. The Minister of Youths Jamila…
The Economic Community of West African States, ECOWAS has urged the Senegalese authorities to urgently schedule a new date for the country’s presidential elections that was earlier postponed. The ECOWAS…
The Ekiti State Police Command on Sunday, at its headquarters in Ado-Ekiti, paraded one Baboga Alhaji suspected of his involvement in the killing of the two traditional rulers in the…