December 2022

Bank investors gain N106bn this week

The market capitalisation of Nigeria’s tier-1 banks, otherwise known as FUGAZ, appreciated by 4.58 per cent to close at N2.41 trillion on Friday, as investors gained a total sum of N106 billion. At the end of this week’s five trading…

AfDB unveils foundation for pharmaceutical sector

The African Development Bank (AfDB) Group has introduced its new foundation hosted by the Government of Rwanda in Kigali and expected to commence operations in early 2023. In a statement issued by the Communication and External Relations Department, AfDB, the…