portfolio

Nigeria's debt hits ₦25.7 trillion

As at June 30, 2019, the Federal Government owed N20.42trn while the 36 states and the Federal Capital Territory debt portfolio stood at N5.28trn.

Capital importation into Nigeria increases by 91.35%

A further analysis of Q3 capital importation showed that portfolio investment ranked top with US$899.31 million, accounting for 71.79 percent, followed by other investment with US$249.53 million, accounting for 19.92 percent.

BREAKING: CBN takes over Skye bank

The bank is thought to have an estimated non-performing loan portfolio of N700bn, much of which is due to an overexposure in the oil and gas sector.

Where To Invest During Inflation

According to Oni, stocks tend to grow in value in the long term while holding a diversified portfolio such as 60/40(Stock/Bond) has potential to protect an investor from declining purchasing power.
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