Breaking News


FDC predicts 2.6% GDP growth for Nigeria in Q2

Financial Derivatives Company Limited has said the Nigerian economy is expected to grow by 2.6 per cent in the second quarter of this year, up from 0.51 per cent in Q1. Analysts at Lagos-based FDC, led by an economic expert, Mr Bismarck Rewane, said the expansion of the GDP growth …

Read More »

Stock investors reap N30bn as 18 firms gain

Ololade Omosan-Agie Equities listed on the Nigerian Exchange Limited gained N30.03bn at the end of trading, even as the number of losers surpassed the gainers. The NGX All-Share Index gained 0.15 per cent as it rose from 38,547.08 basis points recorded at the end of the previous trading day to …

Read More »

Four Factors Behind the Metals Price Rally

As economies reopen in various parts of the world, the price of some commodities has soared, including the prices of prominent industrial metals. The extent to which the metals price rally may lose steam depends on how multiple factors will play out.As our latest chart of the week shows, metals …

Read More »

Nigeria’s Unemployment Rate Hits 33.3% in Q4 2020

Nigeria’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the fourth quarter of 2020, latest figures from the National Bureau of Statistics showed on Monday. The NBS stated in its report on ‘Labour force Statistics: Unemployment and underemployment report- Abridged …

Read More »