Nigeria leads Africa investability gains
•Up four places in Bloomberg’s ranking By Yinka Kolawole Nigeria has emerged as the biggest climber among major African economies in Bloomberg Economics’ 2026 Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic and fiscal fundamentals. The latest scorecard released yesterday, which assesses the relative investability of 19 African economies, […]
FG, others get N533bn statutory allocation in Nov- NBS
The federal government, 36 states and 774 local government received N533 billion from the federation account as statutory allocation funds for November.
SEC’s free e-dividend mandate enrolment ends today
Investors in the nation’s capital market will from next week pay to register for electronic dividend mandate as the Securities and Exchange Commission (SEC) free e-dividend mandate enrolment effectively ends today, December 29th, 2017.
Power supply dips to 4,108MW, contradicts TCN’s peak transmission claim
There is no sign of improved electricity supply to Nigerians as the nation recorded an average power sent out of 4,108MW on December 26, data from the Nigerian Electricity System operator of the Transmission Company of Nigeria, TCN, shows.
ECOWAS to spend $29bn on devt projects in W/Africa
Economic Community of West African States, ECOWAS, has said it had concluded plans for sub-regional development projects worth $29.66 billion for the period 2018 to 2022.
Lagos economy benefits as december records huge spending
The Lagos State economy has received a major boost as spendings in the creative sector records an estimated N50bn cash transactions in the first three weeks of December, according to reports monitored by the Lagos State Government.
