IlluMyFi

The federal government yesterday signed a Memorandum of Understanding to commence a N250 billion real estate investment fund aimed at providing affordable, long-term mortgages to Nigerians. The fund which is being championed by the Ministry of Finance Incorporated (MOFI) in partnership with the private sector will be in two phases with the pilot phase commencing [...]

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01.01.25 02:14

by dailytrust.com

NGX closes 2024 with +37.65% return

Nigerian Exchange Limited (NGX) index closed the year 2024 with an impressive annual growth of 37.65%. The NGX marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive in the 2020s. Following the oil price crash in 2015 and the ensuing recession in 2016, the 2020s have ushered in [...]