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Investors lose N6.4bn in bearish trading, await MPC meeting outcome

Investors lose N6.4bn in bearish trading, await MPC meeting outcome

The NSE market capitalisation which represents the total value of equities traded on the NSE dropped marginally by 0.07 per cent to close trading at N9.563 trillion from N9.570 trillion it closed last week Friday, %, while the Year-to-Date return stood at -2.80 per cent

KANU’S DETENTION: Activisits back IPOB on planned Friday protest

KANU’S DETENTION: Activisits back IPOB on planned Friday protest

A group of human rights activists under the aegis of Centre for Human Rights and Social Justice, CHRSJ, has supportedt the open protest slated for Friday this week by the Indigenous People of Biafra, IPOB, against the continued detention of their leader, Comrade Nnamdi Kanu, by the Federal Government under President Muhamadu Buhari’s watch, saying that the detention of Kanu was illegal and unconstitutional.

Unrealistic Medium Term Expenditure Framework (M-TEF)

Unrealistic Medium Term Expenditure Framework (M-TEF)

THE Medium Term Expenditure Framework (MTEF) presented annually by countries is designed to provide nations, especially the investment community and the international institutions – World Bank, International Monetary Fund, African Development Bank and others – more scope than the annual budget can afford.