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Pandemic threatens human capital gains of the past decade—World Bank report


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Pandemic threatens human capital gains of the past decade—World Bank report

  The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital—the knowledge, skills, and health that people accumulate over their lives—are key to unlocking a child’s potential and to improving economic growth in every country.  The World Bank […]

World shipping community confident in Nigeria’s anti-piracy fight

Major stakeholders in the international shipping community have said they are confident of the measures and satisfied with the effectiveness of Nigeria’s efforts to contain piracy and armed robbery on the country’s maritime environment. They also expressed confidence in the abilities of the Director-General of the Nigerian Maritime Administration and […]

Bears sustain pressure on Nigerian Stock Market… ASI down 120bps

The local bourse sustained its downtrend as the All-Share Index dropped 1.2% to 25,816.57 points due to the losses in NESTLE (-10.0%), GUARANTY (-4.6%) and WAPCO (-10.0%). Consequently, the YTD return declined further to -3.8% while investors shaved off ₦218.3bn as market capitalisation fell to ₦13.4tn. Activity level declined as volume and value traded fell […]

Nigerian Stock Market sustains losses, investors lost N30.6bn

Sell-offs in MTNN (-3.5%), ETI (-3.9%) and STERLNBA (-6.0%) dragged the All-Share Index 22bps down to 26,974.38 points. This resulted to a slowdown in YTD return to 0.5% while market capitalisation fell ₦30.6bn to ₦14.1tn. Activity level was depressed as volume and value traded plunged 5.5% and 23.0% to 228.4m units and ₦2.7bn respectively. The most active stocks […]