The Nigerian Stock Exchange (NSE) has given Transcorp Hotels Plc additional three years (until October 2023 to be precise), to meet up with the required free float of 20% issued and fully paid up share capital.
FINANCE AND INVESTMENT
Economic experts in Nigeria are worried that the country’s rising debt portfolio is becoming unsustainable as it may hit N34 trillion by the end of 2020. According to an earlier report by the country’s Debt Management Office, the public debt stock grew by eight percent to N31 trillion at the[Read More…]
Today, October 1, 2020, is Nigeria’s 60th Independence anniversary but the citizens are torn between celebrating and mourning. Even though the Nigerian government believes that it calls for celebration given what the country has been through – the civil war, daunting security challenges, religious and ethnic crisis – but a[Read More…]
The COVID-19 pandemic has rattled African economies on a colossal scale.