Economy - Page 16

OTC Exchange Rises 1.17% Amid High Trading Volume

May 18, 2024

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 1.2 per cent appreciation on Friday, May 17 amid a large trading activity

Economy

FG Sets May 15 Deadline for Consumer Credit Scheme Registration

April 25, 2024

Adedapo Adesanya

By Adedapo Adesanya The federal government has said Nigerians interested in accessing the recently launched Consumer Credit Scheme have until May 15 to apply

Economy

Nigeria’s Alternative Stock Market up 0.10%

April 25, 2024

Adedapo Adesanya

By Adedapo Adesanya Nigeria’s alternative stock market, the NASD Over-the-Counter (OTC) Securities Exchange, was up by 0.10 per cent on Thursday, April 24, despite

Economy

Apprehension as Naira Weakens Further to N1,308/$1 at Official Market

April 25, 2024

Adedapo Adesanya

By Adedapo Adesanya Apprehension increased on Wednesday in the Nigerian Autonomous Foreign Exchange Market (NAFEM) as the Naira continued to erase some of its

Economy

Oil Market Slips on Conflict Worries Ease, Positive US Business Data

April 25, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market fell on Wednesday as worries over conflict in the Middle East eased and business activity in the United

Economy

Investors Wealth Shrinks N673bn as MTN, FBN Holdings, Oando Stocks Fall

April 25, 2024

Dipo Olowookere

By Dipo Olowookere The Nigerian Exchange (NGX) Limited further depreciated by 1.20 per cent on Wednesday on persistent profit-taking spurred by low confidence in

Economy

FG Mulls BOA, NIRSAL Merger, Fresh Capital Injection

April 25, 2024

Adedapo Adesanya

By Adedapo Adesanya The federal government through the National Council on Privatisation (NCP) is mulling merging the Bank of Agriculture (BOA) with the Central

Economy

FG Revokes Additional 924 Dormant Mineral Licences

April 24, 2024

Adedapo Adesanya

By Adedapo Adesanya The federal government has revoked an additional 924 dormant mineral licences with immediate effect. The revoked mineral licences, which include 528

Madica team and the portfolio companies ..

Economy

Madica Invests $600k in Kola Market, GoBEBA, NewForm Foods

April 24, 2024

Adedapo Adesanya

By Adedapo Adesanya Madica, a structured investment programme designed for pre-seed stage startups in Africa, has announced its first set of investments totalling $600,000

Economy

Nigeria Targets $10bn Investment With New Oil, Gas Fiscal Incentives

April 24, 2024

Adedapo Adesanya

By Adedapo Adesanya The federal government has launched a new set of fiscal incentives to rejuvenate Nigeria’s ailing oil and gas industry which aims

Economy

FG Recovers N57bn From MDAs’ N5.2trn Debts

April 24, 2024

Adedapo Adesanya

By Adedapo Adesanya The federal government has announced the recovery of N57 billion from the N5.2 trillion liabilities owed to the Federal Inland Revenue

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Economy - Page 16

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