Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 1.19% to 28,093.76 Index Points and N14.471Tr respectively. Year-to-Date ASI is still at a positive of 4.66%. Volume of trade and Value of trade both increased by 37.41% and 40.73% to 350.208 Million and 4.284 Billion…
The private sector is one of the main drivers of the Euro-Area’s Economy. A composite Purchasing Managers’ Index rose to 51.3, the highest level since August 2019. These leads to expectations of the euro zone avoiding recession in 2020 while struggling to muster growth of 1%. Bloomberg
Nigeria FG plans to train about 50,000 agricultural extension agents to monitor, take stock, and document all assets of the Federal Ministry of Agriculture and Rural Development nationwide. Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Dr. Abdulkadir Mu`azu, has directed all departments and units in the ministry to align their activities to agriculture-specific…
US & Nigeria have entered into an Asset Recovery Agreement to repatriate over $308 million of forfeited assets to Nigeria. Nigeria’s Attorney General and Minister of Justice, Mr. Abubakar Malami, who signed on behalf of the Nigerian government, noted that the agreement had, “culminated in a major victory, for Nigeria. Thisday
Debt is one of the Main drivers of Nigerian Economy. The 8th National assembly has approved about $6BN out of $29.96BN loan with $22.8BN outstanding. This is to be funded with about $17BN loan from China-Exim Bank which will be channelled to the funding of Infrastructure, which will enhance the productivity of Nigerian economy. Punch
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.35% to 28,423.27 Index Points and N14.645Tr respectively. Year-to-Date ASI is still at a positive of 5.92%. Number of trade and Volume of trade both increased by 9.41% and 1.30% to 5199 and 254.860 Million while…
