Banks as economic indicator to watch when investing and trading

stocks investment, equities

By Ambrose Omordion    Following the recent rally on the Nigerian Stock Exchange (NSE), especially among banking stocks, we believe that the time has come for investors to trade and invest with caution, considering the sharp disconnection between the market’s performance and economic realities in the country. This is so because the rally we saw recently lacks any fundamentals to support the move and is in fact a disconnect from the realities in the environment, even when the recovery seems to be normal after the sharp decline witnessed in February and…

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How government can ride on COVID-19 to increase BVN enrolment

CBN raises SMEs fund to N300bn as beneficiaries get N149.21bn

By Rarzack Olaegbe The coronavirus pandemic is still here. It has come to destroy, to disrupt and to distribute opportunities. To seize some of these opportunities, you need to understand that things would no longer be done as usual. You see, seizing opportunities is not, will not and cannot be easy. Besides, the opportunity is not canned like sardines. To seize an opportunity and turn it into gold, you need some work, some heavy lifting and sweat. That is what the Central Bank of Nigeria [CBN] needs to do to…

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‘Why Implementation of Nigeria’s broadband plan is strategic to national development’

FG to replace BVN with NIN

Before his appointment as the Minister of Communications and Digital Economy in 2019, Dr. Isa Ali Ibrahim (Pantami) was the Director-General/Chief Executive Officer of National Information Technology Development Agency (NITDA). A graduate of the Federal University of Technology Bauchi (popularly known as Abubakar Tafawa Balewa University) where he obtained his first degree of BTech in Computer Science in 2003, he also obtained an MSc in Computer Science (2008/2009 session) and MBA in Technology Management (2010/2011 session) from the same University. He later bagged a PhD in Computer Information Systems and…

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