• Mordi: Rankings do not reflect reality Nigeria, Africa’s largest economy, continued its downward spiral on the Global Competitive Index (GCI) as the country fell seven places to 127th position this year, from the 120th position it was last year. The development was largely attributed to what the World Economic […]
Capital Market
Diaspora Nigerians remit $10.4bn in first half of 2014 – Okonjo-Iweala
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Tuesday said that Nigerians in Diaspora remitted the sum of $10.4bn into the country within the first six months of this year. A statement by the minister’s Special Adviser on Communications, Mr. Paul Nwabuikwu, said the amount included remittances to families, friends, […]
Nigerian Equities Market Benchmark Index Drop 0.32%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Benchmark index at the Nigerian Stock Exchange (NSE) on Tuesday dropped 0.32 percent as it closed at 41,264.65 points, while market capitalisation depreciated by N44.05 billion to close at N13.63 trillion. The loss today returned the market’s year-to-date returns back to negative at -0.16 percent, […]
