20
Jan
January 20, 2023
ASHON lists key drivers of Nigeria’s capital market in 2023 – Nairametrics |
| The Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), Mr Sam Onukwue, has identified some factors that will drive activities in the Nigerian financial market. Onukwue, who stated this in an interview with Nairametrics, said it became necessary to discuss the topic as investors begin to speculate the likely implications the upcoming general elections would have on investment decisions………..……..Read More |
Stock Market Rebounds Slightly to Close at 52,626.42 bpts – Thisday |
| he stock market of the Nigerian Exchange Limited (NGX) slightly rose by 0.02 per cent to 52,626.42 basis points yesterday amid precious’s day investors’ profit-taking in some high-mid capitalised stocks listed on the bourse. The NGX All Share Index (ASI) rose by 10.91 basis points or 0.02 per cent to close at 52,626.42 basis points from 52,615.51 basis points it opened for trading………………..Read More |
NACCIMA fears worsening inflation – Punch |
| The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mining and Agriculture, Sola Obadimu, has said that Nigeria’s current inflation rate poses a serious risk to the survival of businesses across the country. Obadimu predicted a high likelihood that Nigeria’s inflation rate would further increase in 2023 while the naira would suffer further devaluation……………..Read More |
Africa’s GDP growth to hit 4% in 2023 – AfDB – Nairametrics |
| Africa’s GDP growth is expected to rise to 4% in 2023, which is higher than the projected world averages of 2.7% and 3.2% respectively This was disclosed by Dr Akinwumi Adesina, President of the African Development Bank (AfDB), at the inauguration of the maiden edition of 2023 Africa’s Macroeconomic Performance and Outlook on Thursday in Abidjan, Côte d’Ivoire………..……..Read More |
Adedipe: Nigeria’s Economy Will Expand in 2023 – Thisday |
| Chief Consultant of B. Adedipe Associates Limited (BAA Consult), Mr. Biodun Adedipe has stated that contrary to the recent projection by the World Bank Group which downgraded Nigeria’s growth prospects, he believes the Nigerian economy would expand in 2023……….……..Read More |
Oil firms raise investments amid energy transition programme – Punch |
| The Federal Government plans to achieve net zero by 2060 but the journey to this destination seems bumpy as it requires huge revenue to diversify to renewables. OPEOLUWANI AKINTAYO writes on the renewed interest of International Oil Companies in the Nigerian oil sector as govt drive its clean energy agenda……….……..Read More |