Imports choke textile industry, rise to N1.1trn in two years
Nigeria’s dependence on imported textile materials has almost tripled with importation surging by 181 per cent in two years to N1.08 trillion in 2025 from N377.47 billion in 2023, despite repeated efforts to revive the oncethriving local textile industry.
NIPF: SEC to compensate 580 complainants
THE Securities and Exchange Commission (SEC) has announced the official take-off of the National Investors Protection Fund (NIPF) and conclusion of arrangement to compensate a total of 580 investors whose claims have been successfully verified.
Re: SEC, investors and e-dividend portal
Last week, Investors Forum received the following emails from two readers with respect to the Electronic Dividend Mandate Management System (e-DMMS) portal.
Fuel: Scarcity takes toll on businesses, transport, others
Few days to Christmas, Nigerians are still lamenting the persistent fuel scarcity which has taken its toll on business activities as well as food items in the country.
Unlisted securities: Investors lose N26.39m in one week
Investors that trade on unlisted securities on NASD OTC Securities Exchange Plc lost N26.39 million of their investment in the market last week as apathy continues to pervade the entire capital market.
Africa energy to acquire 90% interest in South African oil, gas block
AFRICA Energy Corp has decided to buy 90 percent working interest and operatorship in Block 2B offshore South Africa.
