Tag: Nigerian Economy

Everyone’s attacking Obi, while he worries about Nigeria — Former NERC chair, Amadi

Sam Amadi, former NERC chairman, highlights the unwarranted attacks on Peter Obi by Nigerian political elites, emphasizing Obi’s consistent focus on Nigeria’s socio-economic challenges and the urgent need for national reform.

Investors lose N297bn as NGX continues week in bearish territory

The Nigerian Exchange Limited (NGX) sustained its bearish momentum this week, with investors losing N297 billion as market capitalization dropped to N68.042 trillion. Despite pockets of gains, the market faced significant pressure from profit-taking in major stocks, reflecting cautious investor sentiment amid economic uncertainties.