President Muhammadu Buhari says Nigeria needs $400 billion on an ambitious energy plan to reduce energy shortcomings by 2030 the federal government is working on.
The Nigerian equities market closed red on Thursday following sell pressure in the shares of the consumer goods sector.
Nigerians continue to expand investments in cryptocurrency despite government’s ban.
Nigeria’s unemployment rate hit a record of 33.3 per cent in the last quarter of 2020, according to a report by the National Bureau of Statistics.
He said the move is not constitutionally backed and referred to it as a “dent on our constitutional democracy.”
“It was either we aggressively address the high inflationary pressure or continue to pursue measures aimed at supporting recovery.”
In all, the total volume of trades decreased by 59.1 percent as investors bought and sold 222.57 million shares valued at N5.39 billion.
The statistics office said this represented the first positive quarterly growth in the last three quarters.
Julius Berger, Livingstone Merchant Bank and Cornerstone Insurance led the gainers chart in terms of percentage.
There are occasional Boko Haram problems, but they know the difference.
