Daily Query

By Mike Abbah A former deputy director at the Central Bank of Nigeria (CBN), Prof Kingsley Moghalu, has faulted direct funding of Small and Medium Enterprises (SMEs) and Micro, Small and Medium Enterprises (MSMEs) by the apex bank. . In

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineering Nigeria Limited, one of the engineering, procurement, and construction (EPC) contractors of the Nigeria LNG

By Mike Abbah  The 2024 half-year financial results of Nigeria’s listed companies showed that many consumer goods firms are battling for breath as they struggled to lift margins. Their profit and revenue haul were severely impacted, while the key cost indices

By Mike Abbah Contrary to the impression conveyed by the Nigerian government and its officials that the economic policies of President Bola Tinubu will boost foreign investment, the Private Equity and Venture Capital Association of Nigeria (PEVCA) has warned the reverse may

  “These pillars will not only fortify our financial stability but also position us to capitalise on emerging opportunities in the market. I am confident that with our continued focus on these priorities, we will sustain our positive momentum and deliver long-term

By RUKAYAT ADEYEMI  Opening the week on Monday (yesterday, August 19), investors on the Nigerian stock market lost N750 billion from their portfolios as bearish sentiment persisted. Specifically, selloffs in the stocks of Dangote Cement, alongside Tier-one banks, namely; Guaranty Trust Holding