October 8, 2025 By Blaise Udunze In a healthy economy, banks serve as the arteries through which capital flows to productive enterprises, creating jobs, stimulating innovation, and driving national prosperity. In Nigeria, however, the reverse has become true as the financial system now thrives not by financing growth, but by […]
Author: InvestAdvocate
Intraday Update: Nigerian Stocks Up +0.08% on Bellwether Gains
October 8, 2025/InvestmentOne Update ASI as at 12.00pm: +0.08% Market Movers: GTCO (+2.68%), STERLINGNG (+4.35%), WAPCO (-0.19%) and ELLAHLAKES (-7.14%). Sector Performances: Oil & Gas (+0.64%), Consumer Goods (+0.07%), Banking (+0.01%) and Industrial (-0.03%). Market activity: In today’s trade, total volume increased by 16% while total value decreased by 67%, […]
Court Strikes Out Ismaila Isa Funtua’s Suit Against 9mobile
October 6, 2025/Chain Reactions Africa The Federal High Court in Abuja has struck out a suit filed by businessman Abubakar Ismaila Isa Funtua, who alleged that his 43 million shares were transferred without his consent to Emerging Markets Telecommunication Services Limited (EMTS), operators of 9mobile. Delivering judgment in the case marked FHC/ABJ/CS/1971/2024 […]
