The Nigerian stock market started the month of November on a bearish note, with heavy sell pressure leading to a significant drop in market capitalization. The overall market value shed N246 billion as 37 stocks, led by Aradel Holdings Plc, recorded losses. The benchmark All Share Index (ASI) declined by[Read More…]
Tag: Nigerian Stock Market Opens November with N246 Billion Loss
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]